Summary - 141 EUSTON ROAD MORECAMBE LA4 5LF
6 bed 1 bath House
Three one-bed flats with instant yields and refurbishment upside.
Immediate rental income from three tenanted one-bedroom flats
A compact mid-terrace property arranged as three separate one-bedroom flats, currently fully tenanted and producing immediate rental income. Each flat includes a reception room, kitchen and shower room; the ground-floor flat benefits from direct access to a walled rear yard. The central Morecambe location sits close to shops, transport links and everyday amenities.
This freehold investment offers predictable cash flow from day one and clear scope to increase value through targeted refurbishment or energy improvements. The building dates from the early 20th century and retains a Victorian stone façade and period character, which can appeal to renter demand when brought up to modern standards.
Buyers should be realistic about the work and local context. Heating is by electric room heaters, glazing dates are unknown, and EPC ratings are modest (E, D, D). The neighbourhood is described as very deprived with very high crime levels — factors that influence tenant profiles, insurance and management approach. For an investor seeking an entry-price multi-let in central Morecambe, this property is a hands-on opportunity with immediate returns and clear refurbishment upside.
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