"Two exquisite first floor apartments located in the heart of the town centre, offering exceptionally spacious accommodation with high end luxury fittings. Both of these one bedroom apartments are currently tenanted, making them an excellent investment opportunity. Available for purchase individually or as a pair, each apartment is priced at £130,000.
Both the current tenants signed up on short AST for 6 months from 7th January.
3a, front flat is £1,050 inclusive of all incoming bills, water, electric and council tax.
3b rear flat is £1,150 all inclusive of bills.
Investment Overview
Price £130,000 per unit gross yield based on Buy to Let only
Projected Yields
3a 9.7% gross, approximately 7% net
3b 10.5% gross, approximately 7.9% net
Additionally, holidaycottages.com has projected rental income for serviced accommodation to be £19,000 gross and £15,000 net per apartment. This presents an excellent opportunity for Airbnb or short term lets, offering strong returns on investment.
Located in the heart of Morecambe, this prime location puts everything you need right on your doorstep. Just a two minute stroll to the seafront, you can enjoy the vibrant promenade lined with shops, attractions, and charming caf s perfect for a leisurely day out. In the opposite direction, Morecambe train station is only a short walk away, offering excellent connectivity for commuters and travellers alike.
Entrance Hallway Flat 3A Front Electric radiator, walk in storage room housing the water cylinder and consumer unit.
Open Plan Lounge Kitchen Lounge area with double glazed window to the front, electric radiators and carpeted floor. Kitchen area with a range of crafted cabinets with complimentary work surfaces, four plates electric hob and oven, extractor hood, stainless steel sink, fridge freezer, plumbing for washing machine and tiled floor.
Bedroom Wonderful spacious room with a double glazed window to the side, carpeted floor, radiator.
Bathroom Shower cubicle with thermostatic shower, wash hand basin, bath, extractor fan, heated towel rail, tiled floor, W.C.
Entrance Hallway Flat 3B Rear Carpeted floor.
Open Plan Lounge Kitchen Lounge area with double glazed window to the front, electric radiator and carpeted floor. Kitchen area with a range of crafted cabinets with complimentary work surfaces, four plates electric hob and oven, extractor hood, stainless steel sink, fridge freezer, plumbing for washing machine and tiled floor.
Bedroom Spacious room with a double glazed window to the side, carpeted floor, radiator and walk in wardrobe.
Inner Hallway Walk in storage room housing the water cylinder and consumer unit, door to the bathroom.
Bathroom Shower cubicle with thermostatic shower, wash hand basin, bath, extractor fan, heated towel rail, tiled floor, W.C.
Investment And Useful Information Tenure Leasehold
Lease Length TBC
Both apartments will be on separate title deeds
Council Tax Band TBC
Available for purchase individually or as a pair, each apartment is priced at £130,000.
3a, front flat is £1,050 inclusive of all incoming bills, water, electric and council tax.
3b rear flat is £1,150 all inclusive of bills.
Investment Overview
Price £130,000 per unit gross yield based on Buy to Let only
Projected Yields
3a 9.7% gross, approximately 7% net
3b 10.5% gross, approximately 7.9% net
"
Message agent
Available
For Sale
1 beds
Apartment
89 days on market
