# 3 bedroom flat for sale (LA4 6AA) ## Property Details | Key | Value | |-----|-------| | Address | Marine Road East, Morecambe, Lancashire, LA4, LA4 6AA | | Price | £165,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | | Last sold | £120,000 | ## Description CASH BUYERS ONLY A fantastic opportunity to purchase this beautifully presented and spacious three bedroom, top floor apartment on Marine Road East with stunning panoramic views across Morecambe Bay and The Lake District. This property will be snapped up quickly so be quick to view to ensure you don't miss out! The current owner has maintained and cared for this accommodation to a high standard and it really does show. Immaculately presented throughout and ready to move into, this is the perfect home by the sea. The apartment is accessed via a communal entrance and flight of stairs, is gas central heated, fully double glazed and briefly comprises: light and spacious entrance hall, a stunning open plan kitchen/lounge with breakfast bar that boasts incredible panoramic sea views from the corner bay window of the lounge and side window of the kitchen. This whole space easily accommodates large and comfortable furniture as the current owner has demonstrated. Head down the hallway and discover the beautiful master bedroom that benefits from a lot of natural light as well as large wardrobe space. The family bathroom is a four piece, with separate bath and freestanding corner shower unit, as well as a beautiful addition of His and Hers dual sink units. The second double bedroom is of a large size and can be turned into two smaller bedrooms if desired, or even turn half of it into a large walk in wardrobe space! (Subject to Planning Permission/Building Regulations) Externally there is on street parking at the front of the property and across the road to the promenade itself. Conveniently located Marine Road East within Bare; easy reach to shops, pubs, eating establishments, a post office, hairdresser and dentist. The bus stop outside takes you all the way up into the Lake District. There is easy travel links to surrounding area and the M6 via the Bay Gateway. From the sea views to the spacious rooms, this apartment really does have a penthouse feel to it, and is an absolute must view to appreciate everything on offer. Please call us today arrange a viewing. ***Please note the owner and freeholder is acceptable to a deed of variation to allow a change in lease to be able to Air BnB the property **** Lease information: Length of lease: 999 from 21st Nov 1980 Service Charge - N/A Ground Rent - N/A Council Tax Band - A ## Property Photos - ![Exterior Front](/listings/photos/162513599/1065656) - Exterior Front - ![Lounge View](/listings/photos/162513599/1065657) - Lounge View - ![Kitchen](/listings/photos/162513599/1065658) - Kitchen - ![Bathroom](/listings/photos/162513599/1065660) - Bathroom - ![Lounge/Kitchen](/listings/photos/162513599/1065661) - Lounge/Kitchen - ![Kitchen](/listings/photos/162513599/1065662) - Kitchen - ![Kitchen](/listings/photos/162513599/1065663) - Kitchen - ![Kitchen Evening](/listings/photos/162513599/1065664) - Kitchen Evening - ![Kitchen Window View](/listings/photos/162513599/1065665) - Kitchen Window View - ![Lounge](/listings/photos/162513599/1065666) - Lounge - ![Lounge View](/listings/photos/162513599/1065667) - Lounge View - ![Lounge Evening](/listings/photos/162513599/1065668) - Lounge Evening - ![Bathroom](/listings/photos/162513599/1065669) - Bathroom - ![Master Bedroom](/listings/photos/162513599/1065670) - Master Bedroom - ![Master Bedroom](/listings/photos/162513599/1065671) - Master Bedroom - ![Bedroom 2](/listings/photos/162513599/1065673) - Bedroom 2 - ![Bedroom 2](/listings/photos/162513599/1065674) - Bedroom 2 - ![Bedroom 2](/listings/photos/162513599/1065675) - Bedroom 2 - ![Bedroom 3](/listings/photos/162513599/1065676) - Bedroom 3 - ![Bedroom 3](/listings/photos/162513599/1065677) - Bedroom 3 - ![Bay View](/listings/photos/162513599/1065678) - Bay View - ![Aerial](/listings/photos/162513599/1065679) - Aerial - ![Aerial](/listings/photos/162513599/1065681) - Aerial - ![Exterior Front](/listings/photos/162513599/1065682) - Exterior Front ## Floorplans - ![Floorplan](/listings/photos/162513599/1065683) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/162513599/1065684) - EPC Rating Graph ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 5 FLAT 4 PARK STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6BN | £76,000 | 03/12/2025 | Flat | | 5 FLAT 3 PARK STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6BN | £83,000 | 18/10/2023 | Flat | | FARRINGFORD COURT, 405 FLAT 1 MARINE ROAD EAST, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5AR | £185,000 | 10/10/2023 | Flat | | 34 APARTMENT 8 BROADWAY, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5BJ | £320,000 | 05/10/2023 | Flat | | 44 BARE AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6BE | £130,000 | 29/09/2023 | Flat | | 22 STUART AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6EB | £130,000 | 15/09/2023 | Flat | | 22A STUART AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6EB | £130,000 | 15/09/2023 | Flat | | 449A MARINE ROAD EAST, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6AB | £141,000 | 05/05/2023 | Flat | | LAKELAND HOUSE FLAT 56 MARINE ROAD EAST, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6AY | £60,000 | 22/12/2022 | Flat | | LAKELAND HOUSE FLAT 63 MARINE ROAD EAST, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6AY | £60,000 | 22/12/2022 | Flat | | HOMEBREEZE HOUSE FLAT 30 BEACH STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6BT | £50,000 | 20/12/2022 | Flat | | 8B COLWYN AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6EQ | £100,000 | 09/12/2022 | Flat | | 6 FLAT BEACH STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6BT | £50,000 | 02/12/2022 | Flat | | 3 TUDOR GROVE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6DP | £120,000 | 03/11/2022 | Flat | | 34 APARTMENT 7 BROADWAY, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5BJ | £250,000 | 28/10/2022 | Flat | | LAKELAND HOUSE FLAT 18 MARINE ROAD EAST, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6AY | £110,000 | 21/10/2022 | Flat | | LAKELAND HOUSE FLAT 69 MARINE ROAD EAST, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6AY | £39,999 | 19/10/2022 | Flat | | 35 COLWYN AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6EH | £126,000 | 02/09/2022 | Flat | | 4 TUDOR GROVE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6DP | £128,000 | 02/09/2022 | Flat | | HOMEBREEZE HOUSE FLAT 32 BEACH STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6BT | £44,950 | 31/08/2022 | Flat | | [Same street] 424 MARINE ROAD EAST, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6AA | £620,000 | 11/11/2021 | Detached | **Street average:** £620,000 (1 sale) **Area average:** £116,697 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £124,558 (13 Flat, LA4, 2024–2026) - **Deviation:** +32.5% ## Rental Range *ONS Price Index of Private Rents (Lancaster). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £726/mo - **Realistic:** £807/mo - **Optimistic:** £888/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for North Cumbria (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £588/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Detached House, Marine Road East, LA4 | £1,995/mo | 3 | 0.54 miles | OpenRent | **Average rent: £1,995/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1.21% (strong) - **Max investor price (0.8%):** £249,375 - **Target investor price (1%):** £199,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,995/mo).* - **Gross yield:** 14.5% - **Cost-to-rent:** 6.9× - **Monthly cashflow:** £1,121/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 28.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -17.7% - **10y growth:** 20.5% ## House Price Index (HM Land Registry) *Official index for Lancaster; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -4.5% - **5y growth (index):** 4.9% - **10y growth (index):** 25.5% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)