# 3 bedroom house for sale (LA4 5QR) ## Property Details | Key | Value | |-----|-------| | Address | 235 LANCASTER ROAD, MORECAMBE, LANCASHIRE LA4 5QR | | Price | £159,950 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 1930-1949 | | Floor area | 90 m² | | Last sold | £128,000 Oct 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Expiry date:** 23/07/2035 - **Current heating cost:** £925/year - **Est. upgrade cost to C:** £4,285 ### Recommendations - B (£900 - £1,500) - G (£220 - £250) - I (£2,200 - £3,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2120-2232-0659-4006-1573) ## 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. ## Property Photos - ![External](/listings/photos/164902115/413128) - External - ![Lounge view 2](/listings/photos/164902115/413129) - Lounge view 2 - ![Kitchen](/listings/photos/164902115/413130) - Kitchen - ![Bedroom 1](/listings/photos/164902115/413132) - Bedroom 1 - ![Bedroom 2](/listings/photos/164902115/413133) - Bedroom 2 - ![Bedroom 3](/listings/photos/164902115/413135) - Bedroom 3 - ![Bathroom](/listings/photos/164902115/413137) - Bathroom - ![Shop floor](/listings/photos/164902115/413140) - Shop floor - ![Shop floor view 2](/listings/photos/164902115/413142) - Shop floor view 2 - ![Garage](/listings/photos/164902115/413144) - Garage - ![Off street parking](/listings/photos/164902115/413146) - Off street parking ## Floorplans - ![Floorplan](/listings/photos/164902115/413150) - Floorplan ## EPC Graphs - ![EPC Graphs](/listings/photos/164902115/413153) - EPC Graphs ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 235 LANCASTER ROAD, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5QR | £128,000 | 22/10/2025 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £1,126,124 (8 Other, LA4, 2024–2026) - **Deviation:** -85.8% ## Rental Range *ONS Price Index of Private Rents (Lancaster). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £730/mo - **Realistic:** £811/mo - **Optimistic:** £892/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 | £1,795/mo | 3 | 0.6 miles | OpenRent | **Average rent: £1,795/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1.12% (strong) - **Max investor price (0.8%):** £224,375 - **Target investor price (1%):** £179,500 *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 £1,795/mo).* - **Gross yield:** 13.5% - **Cost-to-rent:** 7.4× - **Monthly cashflow:** £961/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 24.9% *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).* ## Price per Square Metre - **£/m²:** £1,777/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 204.1% ## House Price Index (HM Land Registry) *Official index for Lancaster; All dwelling types series; as of April 2026.* - **1y growth (index):** 0.2% - **5y growth (index):** 17.2% - **10y growth (index):** 43.7% ## 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)