Summary - Flat 1, 24 Thornton Road LA4 5PE
1 bed 1 bath Flat
**Standout Features:**
- 1-bedroom lower ground floor flat
- Large size (722 sq ft) with private entrance
- Close proximity to Morecambe promenade and local amenities
- Potential for a buy-to-let investment or cosmetic renovation
- Leasehold with 965 years remaining, low ground rent (£250/year) and service charges (£82/month)
- Above-average crime rate in surrounding area
This charming one-bedroom lower ground flat on Thornton Road offers a unique opportunity for first-time buyers or investors looking to make a profitable rental investment. With a spacious lounge, kitchen, bathroom, and a well-sized bedroom, the flat features a private entrance, creating a sense of comfort and independence. Its prime location near the picturesque Morecambe promenade ensures easy access to local shops, transport links, and a vibrant community atmosphere.
While the property is in need of renovation to realize its full potential, it is priced affordably at £59,950, making it an appealing option for those willing to invest time and resources. The flat’s large size and potential for customization can inspire a fantastic living space or a valuable rental unit. However, buyers should be mindful of the above-average crime rate in the area, which could impact rental desirability.
With a long lease and manageable maintenance costs, this property offers a great foundation for a cozy residence or a lucrative investment. Don’t miss out on the chance to unlock the full potential of this flat—viewings are highly recommended to appreciate the opportunity it presents!
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