4 bed terraced house for sale

Hornby Terrace, Morecambe LA4

Discover a fantastic investment opportunity with this mid-terrace property, comprising two one-bedroom flats and a spacious two-bedroom maisonette. Currently, the owners reside in the maisonette while successfully operating the two flats as holiday lets, generating an impressive average income of £2,000 per month.

This property is ideal for anyone looking to live in the property whilst generating a rental income, alternatively it would make a great holiday let with the arrival of the Eden Project. The current owners estimate a potential holiday let income of £4000 a month based on comparable properties in the local area.

The accommodation is gas central heated, fully double glazed and briefly comprises:

The lower ground floor flat offers its own private entrance, leading into a generously sized double bedroom complete with built-in wardrobes. The open-plan modern kitchen and living room create a welcoming space, complemented by a stylish shower room. At the front, a quaint patio area provides the perfect spot for outdoor relaxation.

A short flight of steps leads to the communal hallway, granting access to the ground floor flat. Here, you'll find a comfortable living and dining room, a well-equipped kitchen, and a double bedroom featuring an en-suite shower room—ideal for guests or tenants.

The communal entrance also leads to the impressive maisonette, which boasts a contemporary kitchen, a large living and dining area, and a family bathroom. The two double bedrooms are thoughtfully designed, with the second bedroom benefiting from its own en-suite shower room, enhancing privacy and convenience.

Externally, the property features a block-paved forecourt that provides parking for two vehicles, along with a patio area accessible from the ground floor flat. To the rear, a fully enclosed garden offers a serene outdoor space, perfect for enjoying the fresh air or entertaining guests.

This property presents a unique chance to acquire a versatile investment with established income potential, making it an excellent choice for savvy investors or those looking to expand their property portfolio. Don’t miss out on this opportunity!

Freehold
Council Tax Band - A