Sold House

235 LANCASTER ROAD

MORECAMBE, LANCASHIRE LA4 5QR

3 beds 1 baths 90 m² Listed 24 Jul 2025 (-374d)

£159,950

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External Lounge view 2 Kitchen Bedroom 1 Bedroom 2 Bedroom 3 Bathroom Shop floor Shop floor view 2 Garage Off street parking

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Property details

Tenure

FREEHOLD

Floor area

90 m²

Council tax band

A

Last sold

£128,000 Oct 2025

Local average

£1,126,124 (-85.8%)

Deprivation

Decile 2 (5,011 of 33,755)

Street crime

350 incidents within 1 mile (May 2026)

Key features

  • **VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE**
  • Great Investment Purchase - Four Bedroom Maisonette And Shop Unit
  • * Large Garage/Storage Unit * 4 Bed Maisonette * Main Road Shop
  • Prime Main Road Position Great For Passing Trade - No Chain
  • Generous Garage Unit To Rear And Forecourt Parking

Additional details

Parking
Yes
Garden
Yes

Description

We are pleased to offer for sale this spacious end terraced property which is positioned in a prominent main road position on the entry road to Morecambe centre.

To the ground floor there is a spacious retail unit with plenty of storage room. Over the first and second floors there is a spacious bay fronted lounge, a fitted kitchen, four bedrooms and a family bathroom.

The property benefits from gas central heating and double glazing.

There is a yard, off street parking and a large storage unit/garage.

The property makes a great opportunity to purchase a prime site window for an office or shop unit. The storage unit/garage will make a great base for a business and the living accommodation ideal for rental income or owners accommodation.

The property is offered for sale with no upward chain.
Freehold information: Business Rates TBC

Council Tax Information: Band A

Agent Note
In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations. Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.

Listed by

Morecambe

Farrell Heyworth

Reference: 164902115

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Graphs

EPC Graphs

Price history

Event Date Price % change
Sold 22/10/2025 (9 months ago) £128,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 191 LANCASTER ROAD, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5QR £147,500 22/06/2023 Terraced
Same street 207 LANCASTER ROAD, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5QR £155,000 19/08/2022 Terraced
Same street 183 LANCASTER ROAD, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5QR £154,950 29/07/2022 Terraced

Street average: £152,483 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 204.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Lancaster. Series: All dwelling types. As of April 2026.

1y (index) 0.2%
5y (index) 17.2%
10y (index) 43.7%

Rental Range

Estimated market rent for Lancaster. Low = conservative, Realistic = average, Optimistic = best case.

Low £730/mo
Realistic £811/mo
Optimistic £892/mo

Based on Local Authority from postcode lookup → Lancaster.

LHA (30th percentile) floor for North Cumbria: £588/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop The Laundry Company 0.0 miles
Shop The Happy Hound 2024 0.0 miles
Bus stop Rosebery Ave 0.1 miles
Bus stop County Garage 0.1 miles
Train station Morecambe 0.7 miles
Train station Bare Lane 0.8 miles
University University of Cumbria, Lancaster Campus 3.2 miles
University Hazelrigg Weather Station 4.9 miles
Hospital Fleetwood Hospital 11.7 miles

Street-level crime

Category Count
Violence and sexual offences 108
Anti-social behaviour 80
Criminal damage and arson 32
Public order 27
Shoplifting 24
Other theft 18
Burglary 15
Other crime 14
Vehicle crime 14
Bicycle theft 7
Drugs 7
Possession of weapons 2
Robbery 1
Theft from the person 1
Total incidents 350

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Lancaster Road Primary School Primary 0.1 miles Good — 17 Jul 2013
St Mary's Catholic Primary School, Morecambe Primary 0.3 miles Requires improvement — 17 Sep 2024
Morecambe Bay Community Primary School Primary 0.4 miles Good — 2 Dec 2021
Morecambe Bay Academy Secondary 0.4 miles Good — 29 Oct 2023
Poulton-le-Sands Church of England Primary School Primary 0.5 miles Good — 30 Jan 2022

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 Semi-Detached House, Mardale Avenue, LA4 £1,000/mo 3 0.13 miles OpenRent
3 Bed Detached House, Marine Road East, LA4 £1,795/mo 3 0.6 miles OpenRent

Average rent: £1,398/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.87%
Max investor price (0.8%) £174,750
Target investor price (1%) £139,800
Gross yield 10.5%
Cost-to-rent ratio 9.5×
Monthly cashflow £603/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 15.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).