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£150,000

Townley Street, Morecambe, LA4

  • 3 beds
Flat

£150,000

  • 3 beds
Flat
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Estimate monthly mortgage payment:

£685 per month

Minimum deposit amount:

£7,500
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Attractive Freehold Property Divided into Two Apartments in Prime Location

Explore the unique investment opportunity with this freehold property, thoughtfully converted into two separate apartments. Located in a sought-after area, this property offers a ground-floor one-bedroom apartment and a spacious two-bedroom apartment on the second floor, perfect for diverse rental needs or multi-generational living.

Key Features:

Versatile Living Options: Comprises a one-bedroom apartment on the ground floor and a larger two-bedroom apartment above, offering flexibility for owners and attractive rental possibilities.
Freehold Tenure: Enjoy the benefits of owning a freehold property, which includes greater control over the property without the hassle of leasehold charges.

Property Description:
The ground-floor apartment features one bedroom, a full bathroom, an open-plan living and dining area, and a fully equipped kitchen. This apartment is ideal for singles or couples looking for a compact and easy-to-maintain living space.

The second-floor apartment offers more space, perfect for families or shared living, with two well-proportioned bedrooms, a spacious living room, a modern kitchen, and a bathroom.

Investment Potential:
This property is an excellent choice for investors seeking to capitalize on the rental market, with the flexibility to rent out both apartments or reside in one while renting the other. The dual apartment setup also makes it ideal for buyers looking to house extended family while maintaining privacy.

Location:
Situated in a vibrant neighbourhood, the property is conveniently located near local amenities, including shops, schools, parks, and public transport links, making it attractive to a wide range of potential renters or residents.
Don t Miss Out:
This freehold property offers both flexibility and potentia making it a rare find. Whether you re an investor or a homebuyer, this property could be exactly what you re looking for!

Ground Floor Apartment

Entrance hallway, door to the first-floor apartment and door to the lounge.

Open Plan Lounge/Kitchen/Diner

Double-glazed windows to front and rear, fireplace with inset electric fire, laminate floor, radiator. Kitchen area with a range of fitted wall and base units, four ring gas hob, extractor hood and electric oven, plumbing for washing machine, combi boiler, stainless steel sink, space for fridge/freezer and table and chairs.

Inner Hallway

Double-glazed door to the yard.

Bathroom

Panelled bath, wash hand basin, extractor fan, radiator, vinyl floor, W.C. Hatch with steps down to the cellar.

Cellar

Gas and electric meters.

Bedroom

Double-glazed window to the rear, carpeted floor, radiator.

Outside

Rear yard with patio area and access road.

First Floor Apartment

Stairs to the first floor.

Hallway

Double-glazed window to the front, stairs to the second floor, radiator, carpeted floor.

Lounge

Double-glazed window to the front, gas fire, carpeted floor, radiator.

Kitchen

Double-glazed window to the rear, range of matching wall and base units, four plates free-standing electric cooker, extractor fan, plumbing for washing machine, space for fridge/freezer, vinyl floor, radiator, combi boiler.

Second Floor Landing

Double-glazed velux window, two walk-in storage cupboards, carpeted floor, radiator.

Bedroom One

Double-glazed window to the rear, carpeted floor, radiator.

Bedroom Two

Double-glazed window to the front, carpeted floor, radiator.

Bathroom

Panelled bath, wash hand basin, extractor fan, vinyl floor, radiator, W.C.

Useful Information

Tenure FreeholdCouncil Tax Bands ( A) ?1505.37New roof to the property and the flat roof to the rear in 2023First Floor Apartment has new carpets throughout and has been repainted.Great investment for a buy-to-let. Option to live in the first-floor apartment and rent the ground floor outBoth properties are on separate Gas & electric meters.

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Mortgage and legal costs:
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