Compact two-bed seafront apartment with long lease — ideal for Airbnb investors.
Prime seafront position with coastal views potential
Two double bedrooms in a compact 484 sqft layout
Long lease: 966 years remaining (from 1992)
Airbnb history — suited to short-term rental investors
Service charge £70 pcm; council tax Band A (low)
Very high local crime and very deprived area — affects risk
Victorian sandstone walls likely uninsulated; potential upgrades
Small overall size; limited living space and storage
A compact two-bedroom apartment on Morecambe’s seafront, well suited to investors seeking a turnkey coastal-let. The property occupies an upper floor of a Victorian mid-rise and combines period character with contemporary fittings: modern kitchen, recent boiler, and double glazing installed after 2002. The long lease (966 years remaining) gives security for rental or resale.
The apartment is modest in size (approximately 484 sq ft) and ideal for short-term holiday lets—Airbnb trading is already noted—so it could generate seasonal income quickly. Running costs are low: service charge £70 pcm and council tax Band A. Good digital connectivity (fast broadband, excellent mobile signal) supports holiday and longer-stay tenants.
Buyers should note material local and building factors. The location sits in a very deprived area with very high recorded crime, which can affect tenant demand, insurance costs and management requirements. The building’s original sandstone walls are presumed uninsulated, and the property is small, so heating and fabric improvements may be desirable to improve comfort and energy performance.
Overall, this is a competitively priced coastal apartment offering immediate rental potential for buyers willing to manage location-related risks and modest upgrade works. Viewing is recommended to assess condition and suitability for your investment strategy.
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