Sold Flat

8B

COLWYN AVENUE, MORECAMBE, LANCASHIRE LA4 6EQ

1 beds 1 baths 646 sq ft Listed 30 Jun 2022 (-1446d)

£110,000

Save

Front Garden Kitchen Kitchen Living Room Living Room Bedroom 1 Bedroom 1 Bathroom Loft Room Original Window

/ 11

Property details

Tenure

LEASEHOLD

Floor area

60 m²

EPC rating

C

Year built

England and Wales: 1930-1949

Last sold

£100,000 Dec 2022

Price per m²

£1,833/m²

Local average

£124,558 (-11.7%)

Deprivation

Decile 7 (23,252 of 33,755)

Street crime

178 incidents within 1 mile (Apr 2026)

Key features

  • No Chain
  • Loft room
  • Front Garden
  • In need of modernisation
  • Light and airy
  • Fantastic location
  • Close to sea front

Additional details

Garden
Yes

Description

Spacious one bed first floor flat; benefiting from a fantastic loft room which could be converted into an additional bedroom (subject to planning) and walking distance to the promenade and its amazing views, this flat is perfect for a wide range of buyers.

This accommodation is in need of full modernisation, partial double glazed, electric heated and briefly comprises: own entrance to the front, stairs leading up to the flat, kitchen, large living room with bay window, large bedroom with bay window, bathroom and storage room. The loft room is accessed via loft ladders and has huge potential to create an additional bedroom (subject to planning).

Externally there is on street parking and a beautiful mature garden with plenty of flowers, bushes and even a palm tree to the front.

Colwyn Avenue is situated in the sought after location of Bare, just off Stuart Avenue and within easy reach of Morecambe town centre where a range of amenities including shops, public services, library, health services and train station can be found.

This flat has so much potential and would be excellent for anyone looking for a holiday home, holiday let, buy to let, first home or a down size. Please call us today to arrange a viewing.

Leasehold Information:
Length of Lease: year 999 from 11th May 1987.
Ground rent: N/A
Annual Service Charge: N/A
Council tax band A

Listed by

Morecambe

Countrywide UK Sales - Connells

Reference: 124498340

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 24/01/2025

Expiry date: 23/01/2035

Current heating cost: £424/year

Potential heating cost: £361/year

Est. upgrade cost to C: £1,000

Recommendations

  • Cavity wall insulation (£500 - £1,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

Price history

33% since 2019

Event Date Price % change
Sold 09/12/2022 (3 years ago) £100,000 +33.3%
Sold 05/02/2019 (7 years ago) £75,000

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
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
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
34 RUSKIN DRIVE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6EZ £95,000 10/02/2023 Flat
34 APARTMENT 7 BROADWAY, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5BJ £250,000 28/10/2022 Flat
35 COLWYN AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6EH £126,000 02/09/2022 Flat
PARK COURT 2 PARK STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6BN £135,000 11/04/2022 Flat
BROADWAY ONE APARTMENT 206 DALLAM AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5FD £265,000 18/02/2022 Flat
BROADWAY ONE APARTMENT 207 DALLAM AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5FD £265,000 10/01/2022 Flat
BROADWAY ONE APARTMENT 307 DALLAM AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5FD £290,000 17/12/2021 Flat
23A PARK STREET, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6BN £75,000 13/12/2021 Flat
BROADWAY ONE APARTMENT 503 DALLAM AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5FD £285,000 19/11/2021 Flat
22A STUART AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6EB £96,000 26/10/2021 Flat
BROADWAY ONE APARTMENT 205 DALLAM AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5FD £265,000 17/09/2021 Flat
BROADWAY ONE APARTMENT 407 DALLAM AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5FD £295,000 15/09/2021 Flat
BROADWAY ONE APARTMENT 306 DALLAM AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 5FD £275,000 27/08/2021 Flat
Same street 3 COLWYN AVENUE, MORECAMBE, LANCASTER, LANCASHIRE, LA4 6EQ £465,000 04/08/2021 Detached

Street average: £465,000 (1 sale)

Area average: £186,350 (20 sales)

Capital growth trend

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

5y growth 38.3%
10y growth 156.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Lancaster. Series: Flats and maisonettes. As of March 2026.

1y (index) -5.1%
5y (index) 4.8%
10y (index) 26.8%

Rental Range

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

Low £724/mo
Realistic £804/mo
Optimistic £884/mo

Based on Local Authority from postcode lookup → Lancaster.

LHA (30th percentile) floor for North Cumbria: £394/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Shop Londis 0.1 miles
Shop Hair Gallery 0.2 miles
Bus stop St Margarets Road 0.2 miles
Train station Bare Lane 0.4 miles
Hospital Queen Victoria Hospital 0.6 miles
Train station Morecambe 1.0 miles
Hospital Dacrelands Clinic 2.1 miles
University University of Cumbria, Lancaster Campus 3.3 miles
University Lancaster University 5.1 miles

Street-level crime

Category Count
Violence and sexual offences 63
Anti-social behaviour 32
Criminal damage and arson 18
Shoplifting 15
Public order 13
Drugs 9
Vehicle crime 9
Other theft 8
Burglary 6
Bicycle theft 2
Possession of weapons 2
Other crime 1
Total incidents 178

Within 1 mile during Apr 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
Morecambe Bay Academy Secondary 0.2 miles Good — 29 Oct 2023
St Mary's Catholic Primary School, Morecambe Primary 0.4 miles Requires improvement — 17 Sep 2024
Great Wood Primary School Primary 0.4 miles Good — 3 Apr 2013
Lancaster Road Primary School Primary 0.5 miles Good — 17 Jul 2013
Poulton-le-Sands Church of England Primary School Primary 0.6 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
1 Bed Flat, Thornton Road, LA4 £640/mo 1 0.37 miles OpenRent
1 Bed Mobile Home, Arnside Crescent, LA4 £500/mo 1 0.38 miles OpenRent
1 Bed Flat, Arnside Crescent, LA4 £750/mo 1 0.38 miles OpenRent
1 Bed Flat, Thornton Road, LA4 £575/mo 1 0.52 miles OpenRent
1 Bed Flat, Townley Street, LA4 £550/mo 1 0.68 miles OpenRent
1 Bed Flat, Euston Road, LA4 £475/mo 1 0.8 miles OpenRent
1 Bed Flat, Back Morecambe Street, LA4 £700/mo 1 0.83 miles OpenRent

Average rent: £599/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.52%
Max investor price (0.8%) £71,875
Target investor price (1%) £57,500
Gross yield 6.3%
Cost-to-rent ratio 15.9×
Monthly cashflow £59/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2.2%
  • 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).