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Euston Grove, Morecambe, LA4

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Four bedroom HMO
  • Fully occupied with good, reliable tenants (owners words)
  • Morecambe town centre
  • Walking distance to local amenities
  • Walking distances to Train station and bus stops
  • 10.4% yeild based on advertising price

Description

Exciting opportunity to acquire an established four bedroom mid terrace HMO within Morecambe Town Centre; fully occupied with respectful tenants earning £18720 a year, making a 10.4% yield based on the asking price.

This accommodation spans over four levels, is kept to a good condition, is double glazed, half gas central heated/ half electric heating and briefly comprises:

Lower ground level
Living room, kitchen diner, shower room and one bedroom – this flat has direct access to the rear yard – pays £85 a week

Ground floor level
Living room, bedroom, kitchen and shower room – pays £95 a week

First floor level
Open plan living kitchen, bedroom, large bathroom with a four-piece suite – pays £85 a week

Second floor level
Open plan living kitchen, bedroom and shower room - pays £95 a week

The owner pays for the water and council tax for the building.

The owner also pays for the electric, yet invoices the tenants on how much they use.

Externally there is zoned residential permit parking around the area and a small yard to the rear.

Situated in a superb location and within walking distance to the stunning Morecambe Bay and its views over to the Lake District Hills. If you don't drive or are looking for transport links close by then you couldn't be better placed with bus stop over the road, Morecambe train station a two-minute walk and Town centre amenities across the road. Morecambe is on the up and with approval of the Eden Project, there has never been a better time to invest in Morecambe.

Freehold
Council Tax Band - B


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Particulars

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: B

Euston Grove, Morecambe, LA4

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Morecambe Station0.2 miles
  • Bare Lane Station1.2 miles
  • Lancaster Station2.8 miles
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About the agent

Entwistle Green, Morecambe

17 Victoria Street, Morecambe, Lancashire, LA4 4AE

Entwistle Green, Morecambe

Entwistle Green are one of the longest-established and most respected estate and letting agents in the North West of England. With a wide network across Merseyside, Cheshire and Lancashire - from Crewe to Carnforth - we are well placed to make sure that your property sale or purchase in our region is a resounding success.

At Entwistle Green, our priority is to help you find your ideal home or ensure the efficient sale of your existing property at the best possible price within current m

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference MOC230186. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Entwistle Green, Morecambe. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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