1/20
£115,000
Flat · 2 beds · 1 bath · 767 sq ft
Stanley Road, Morecambe, LA3
0.11 miles away
Leasehold
1/10
1/10
2 bed flat for sale Sandylands Promenade, an apartmwnt with sea views, LA3
Asking price
£175,000
Added yesterday
Added yesterday
Retirement home
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 2
- Tenure
- Ask agent
Council tax Band C £2,225 a year
Key features
- A 2 bed apartment which is being sold as an investment property
- Over-55s development offered with no onward chain
- Immediate gross rental income of £8,400 per annum | Long standing tenant
- Panoramic views across Morecambe Bay
- Private balcony for enjoying the coastal outlook
- Spacious open-plan living and dining room
- Two double bedrooms with fitted wardrobes
- Private garage with internal lift access
About this property
A ready-made coastal investment with a long-standing tenant and £8,400 gross annual income. This two-bedroom apartment offers panoramic Morecambe Bay views, a private balcony, lift access and a garage.The LocationSandylands Promenade is made for those who enjoy life beside the sea.
Floorplan
Council tax
Band C £2,225 a year
Per year
- Band A£1,669
- Band B£1,947
- Band CThis home: £2,225
- Band D£2,503
- Band E£3,059
- Band F£3,616
- Band G£4,172
- Band H£5,006
This home is in band C, which costs £2,225 a year in Lancaster for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Lancaster, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Location
Sandylands Promenade, an apartmwnt with sea views, LA3
Mortgage and stamp duty
Property price £175,000
£87k £263k
Deposit10% £18,000
£0 £175k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £157,000 mortgage. Most lenders would want a household income of about £35,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 4, Palace Court, Sandylands Promenade Flat / maisonette | Flat / maisonette | Dec 2025 | 732 sq ft £254/sq ft | 732 sq ft | £254 | £186,000 |
| Ground Floor Flat, 24, Sandylands Promenade Flat / maisonette | Flat / maisonette | Oct 2025 | 624 sq ft £176/sq ft | 624 sq ft | £176 | £110,000 |
| First Floor Flat, 21, Sandylands Promenade Flat / maisonette | Flat / maisonette | May 2021 | 517 sq ft £182/sq ft | 517 sq ft | £182 | £94,000 |
| 33, Sandylands Promenade Terraced | Terraced | Nov 2020 | 1,862 sq ft £137/sq ft | 1,862 sq ft | £137 | £255,000 |
| Ground Floor Flat, 24, Sandylands Promenade Flat / maisonette | Flat / maisonette | Oct 2019 | 624 sq ft £161/sq ft | 624 sq ft | £161 | £100,500 |
| 5, Sandylands Promenade Terraced | Terraced | Jan 2018 | 861 sq ft £195/sq ft | 861 sq ft | £195 | £168,000 |
| 31, Sandylands Promenade Terraced | Terraced | Nov 2017 | 2,433 sq ft £74/sq ft | 2,433 sq ft | £74 | £180,000 |
| 2, Palace Court, Sandylands Promenade Flat / maisonette | Flat / maisonette | Oct 2017 | 947 sq ft £127/sq ft | 947 sq ft | £127 | £120,000 |
Area insights
The neighbourhood around this property.
