Summary - 2, MORECAMBE STREET WEST LA4 5HE
2 bed 1 bath End of Terrace
Split commercial and residential income close to the promenade — ideal for hands-on investors..
- Freehold mixed-use: commercial ground floor and separate residential flat upstairs
- Short walk to seafront, promenade and town-centre amenities
- Chain free for a faster sale and immediate planning of works
- Two-bedroom upper flat; compact but functional layout
- Electric room heaters and assumed uninsulated stone walls; efficiency upgrades needed
- Small/no private outdoor space; on-street parking only
- Area classified very deprived with very high local crime rates
- Building appears dated and will benefit from refurbishment to maximise returns
A rare freehold mixed-use opportunity in the heart of Morecambe, this three-storey Victorian end-terrace combines a ground-floor commercial unit with a two-bedroom flat above. The location is a major selling point: a short walk to the seafront, promenade and town-centre amenities that generate steady footfall and rental demand.
The upper maisonette is tidy but dated, arranged over two floors with two bedrooms, a living room and a fitted kitchen. Heating is by electric room heaters and glazing is double; walls are original stone with assumed limited insulation, so expect higher running costs and potential improvement works to meet modern efficiency standards.
Ground-floor commercial space has separate access and versatile layout, already containing reception rooms, a fitted kitchen, shower/WC and cellar — useful for short-term trading or letting. The property will suit landlords seeking split-income potential or an investor happy to refurbish to increase yield. Chain-free sale also speeds purchase and lets income be brought online quickly.
Buyers should note material negatives honestly: the area is classed as very deprived with very high local crime statistics, the building appears dated and will benefit from refurbishment, plot/external space is minimal, and heating and wall insulation are suboptimal. For the right investor these are manageable and reflected in the asking price, with clear scope to add value through upgrades and professional management.
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