# 3 bedroom house for sale (LA4 5JE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 21 BEECHAM STREET, MORECAMBE, MORECAMBE, LANCASHIRE LA4 5JE |
| Price | £129,950 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £62,000 Apr 2004 |

## Description

Great investment purchase located in the heart of Morecambe. The house offers a great opportunity to develop or upgrade and would be ideal as buy to let/holiday let.  This three storey mid terrace home is in need of some works of improvement.

The position is within close proximity of a good range of local amenities, public transport links, seafront and Morecambe town centre (a full list of amenities and services are available in our e-brochure which is available on request).

Internally the ground floor accommodation briefly comprises lounge through dining area and kitchen. To the first floor, there are two good sized bedrooms and a family bathroom. To the second floor, there are a further two spacious bedrooms. 

There is a cellar/basement area and externally there is an enclosed rear yard with gated access. The property is offered for sale with no chain delay. 

The location takes full advantage of the Bay Gateway link road which provides enhanced access to the Lake District, Kendal, Yorkshire Dales, Preston and central Lancashire.

The Morecambe area is currently under review for the Eden Project North which we believe will significantly enhance the popularity of the area and boost the local economy.

Council Tax Information: Band A

**Agent Note**

In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

## Property Photos

- ![Front View 2](/listings/photos/133082228/721994) - Front View 2
- ![Lounge](/listings/photos/133082228/721996) - Lounge
- ![Reception View 2](/listings/photos/133082228/721997) - Reception View 2
- ![Kitchen](/listings/photos/133082228/721998) - Kitchen
- ![Bedroom Two](/listings/photos/133082228/721999) - Bedroom Two
- ![Bedroom Three](/listings/photos/133082228/722000) - Bedroom Three
- ![Bathroom](/listings/photos/133082228/722002) - Bathroom
- ![Garden](/listings/photos/133082228/722004) - Garden

## Floorplans

- ![Floorplan](/listings/photos/133082228/722005) - Floorplan

## EPC Graphs

- ![EPC Graphs](/listings/photos/133082228/722007) - EPC Graphs

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 21 BEECHAM STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5JE | £62,000 | 02/04/2004 | 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 |
|---------|-------|------|------|
| 31 GREEN STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5HN | £145,000 | 15/12/2023 | Other |
| 5 ROSE STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5JB | £135,000 | 01/12/2023 | Other |
| 9 GREEN STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5HL | £40,000 | 17/10/2023 | Other |
| [Same street] 19 BEECHAM STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5JE | £60,000 | 10/08/2023 | Terraced |
| [Same street] 23 BEECHAM STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5JE | £92,000 | 30/11/2022 | Terraced |
| 20 CLARENCE STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5EX | £128,000 | 05/09/2022 | Other |
| 334 MARINE ROAD CENTRAL, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5AB | £375,000 | 30/05/2022 | Other |
| 39 KENSINGTON ROAD, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5LU | £180,000 | 01/11/2021 | Other |
| 331 - 332 MARINE ROAD CENTRAL, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5AA | £750,000 | 30/09/2021 | Other |
| 329 - 330 MARINE ROAD CENTRAL, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5AA | £550,000 | 30/09/2021 | Other |
| 119 THORNTON ROAD, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5PH | £1,000 | 05/08/2021 | Other |

**Street average:** £76,000 (2 sales)
**Area average:** £256,000 (9 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £1,126,124 (8 Other, LA4, 2024–2026)
- **Deviation:** -88.5%

## 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 | 0.21 miles | OpenRent |

**Average rent: £1,995/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.54% (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:** 18.4%
- **Cost-to-rent:** 5.4×
- **Monthly cashflow:** £1,259/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 40.1%

*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:** 1888%
- **10y growth:** 136.3%

## House Price Index (HM Land Registry)

*Official index for Lancaster; All dwelling types series; as of March 2026.*

- **1y growth (index):** -0.4%
- **5y growth (index):** 16.8%
- **10y growth (index):** 44.9%

## 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)