Marine Road East, Morecambe, LA4 5AQ

• Morecambe promenade
• Walking distance to proposed Eden Project
• Investment opportunity
• All 5 flats fully let generating healthy income
• Present income some £27,205.92 per annum
• Generous rear yard with parking

Investment Opportunity - Block of Five Flats on Morecambe Seafront

An excellent opportunity to acquire a fully income-producing investment property occupying a prime position on Morecambe's sought-after seafront. The property comprises a substantial traditional five-storey mid-terraced residence that has been converted into five self-contained flats, all currently fully let and generating a combined annual income of approximately £27,205.92 per annum, reflecting a gross yield of around 8.11%.

The building occupies a highly desirable location close to the iconic Morecambe Town Hall and benefits from stunning elevated views across Morecambe Bay towards the Lakeland Fells. The flats enjoy attractive features including deep uPVC double-glazed bay windows and storage heating, enhancing tenant appeal and long-term rental demand.

The property has operated successfully as a residential investment for a number of years and offers a rare opportunity to secure a substantial seafront asset within a strong rental location. Overall, this represents an ideal investment purchase with established income, excellent views, and future growth potential within one of Morecambe's most desirable coastal settings.

Morecambe is an extremely popular traditional seaside holiday resort sitting on the eastern shores of Morecambe Bay looking towards the Lakeland Fells.

Preston is located some 28 miles to the south, Lancaster 3 miles to the east and to the north west and north east lie the Lake District and Yorkshire Dales National Parks respectively.

Morecambe is benefitting from ongoing development and regeneration initiatives including the proposed Eden Project North for which a planning application has been submitted and approved but awaits satisfactory funding.

Designed to take into account the ecology of the Bay, Eden Project North will further enhance the tourist and resident attraction of Morecambe, once built, as well as further improve student diversity in conjunction with Lancaster University.