Property description

We are pleased to offer for sale this extensive property in the centre of Morecambe. The property comprises of five self contained one bedroom flats and one, two bedroom maisonette flat. The property also benefits from a cellar which is currently being used as a storage space. Viewings are highly recommended to fully appreciate the property on offer.

The property is an ideal investment opportunity as it provides a good regular incomes from all five flats.

The building has been maintained to a high standard by the current owners and has undergone refurbishment from when it was purchased 10 years ago. All tenancies are on assured shorthold tenancy contracts and currently provide an income of approx. £32,100 per annum when fully let. We do believe there is scope to improve rents and further advice can be given by our residential lettings team.

The Morecambe area is currently enjoying improved popularity due to the opening of the Bay Gateway which provides enhanced access in to Lancaster, Preston, Manchester and the Lake District, making it a perfect base for getting around for both work and leisure reasons. The area is currently under review to construct the Eden Project North which we believe will significantly improve the local economy and boost the areas popularity.

Virtual viewing videos are available of the flats and any access to the flats would be subject to tenants notice.

Freehold information: Council Tax - All flats Band A
Council Tax Information: Band A





EPC Rating: C