Westminster Road, Morecambe, LA3

£219,950
House
5 Baths
6 Receptions
6 Bed

Key Features

  • **VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE**
  • Fantastic Investment Purchase Of Six Letting Units
  • Good Yield With Potential To Develop Subject To Improvements
  • Great Location Close To Promenade And Amenities
  • Ideal Eden Project Investment Building

Description

An opportunity to purchase this three storey end terrace building which currently provides a good rental return and is divided into 6 rental units. The building comprises of ground floor flat and rear garden cottage with private entrance. Over the upper two floors there are two flats and two bedsits. In addition to the internal space there is also a forecourt and the rear garden cottage has a contained yard area. The property is located within close proximity to the sea front and promenade and within a good range of other nearby amenities on Regent Road. There is access to nearby schools and health centre and the property is located on the main bus route providing access to Morecambe town centre and Lancaster city. The Morecambe area now has improved access to the M6 motorway following the opening of the Bay Gateway link road. This provides enhanced access via the M6 to the Lake District, Preston, Kendal and Central Lancashire. The Morecambe area is also under review for the potential construction of the Eden Project North which we believe would significantly enhance the area and boost the local economy. The property is offered for sale as a going concern and currently has ongoing tenancies, full details of the incomes can be obtained through the agents. Please note all viewing requests will require notice for the respect of the tenants. The agent cannot accept responsibility if access cannot always be achieved to every flat. Virtual viewing videos are available to assist with purchasers enquiries. The garden cottage has recently received a refurbishment however other flats will require works of improvement to enhance rental income. EPC Ratings The Cottage - D Flat 1 - E Flat 2 - E Flat 3 - D Flat 4 - D Flat 5 - D

Tenure : Freehold
Council Tax Band : A
EPC Current :62 / EPC Potential :77

Agent Note

In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Westminster Road, Morecambe, LA3


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