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Morecambe, LA4

£65,000|Flat | 1 bedroom | Leasehold|↓7.14% compared to last sold price
Approximate area: LA4
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Added on 17th June 2025 by Jennings Estate Agents, Heysham
On the market for 1 year, 2 months
Summary
Jennings Estate Agents are pleased to offer this ground floor apartment in Morecambe. Great investment opportunity, because the property is being sold with a sitting tenant. The current landlord is achieving a 8.5% yield return per year. Spacious apartment with two large reception rooms and kitc...
Price history
2008 £70,000
£64k£66k£68k£70k200820142020May 26Jul 26Sep 26Asking £65,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 8th November 2025 - Valid
EPC rating: D
Property age: 1900-1929
EPC energy efficiency rating: current 63, potential 74
Rent data
8 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £575 to £795 which represents a yield of between 10.6% and 14.7% if buying at the asking price
A yield of 11.8% to 16.3% if purchased for 90% of the asking price (£58,500)
A yield of 13.3% to 18.3% if purchased for 80% of the asking price (£52,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £3,250.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 22nd July 2026 the asking price was reduced from £70,000 to £65,000