4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Hornby Terrace, Morecambe, LA4
£350,000

Our Summary

  • Discover a fantastic investment opportunity with this mid-terrace property, comprising two one-bedroom flats and a spacious two-bedroom maisonette

Description

This mid-terrace property is a fantastic investment opportunity, offering two one-bedroom flats and a spacious two-bedroom maisonette. The current owners successfully operate the two flats as holiday lets, generating an average income of £2,000 per month, and estimate a potential holiday let income of £4,000 a month based on comparable properties in the local area. The property features gas central heating, double glazing, and a unique layout, including a private patio area, a communal hallway, and a fully enclosed garden. The accommodation comprises a lower ground floor flat with a double bedroom, open-plan kitchen and living room, and a shower room; a ground floor flat with a living and dining room, kitchen, and double bedroom with en-suite shower room; and a maisonette with a contemporary kitchen, living and dining area, and two double bedrooms, one with an en-suite shower room. The property also offers parking for two vehicles and presents a unique chance to acquire a versatile investment with established income potential, making it an excellent choice for savvy investors or those looking to expand their property portfolio.
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