1-bedroom flat · LA3 2WE
Listing removedListed 97 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented one-bedroom first floor apartment situated in the popular residential area of Heysham.
Conveniently located close to local amenities, transport links and the seafront, the property offers bright and well-proportioned accommodation, allocated undercroft parking and useful external storage, making it well suited to a single occupant or couple.
Accommodation comprises Front External Pathway leading to the front door. Driveway providing access to the undercroft parking area. External storage cupboard with power and lighting.
Entrance and Stairs uPVC front door opening into the entrance hallway with stairs leading to the first floor. Entrance Hallway Door leading to the bedroom.
Storage cupboard housing the central heating boiler. Doors leading to the bathroom and living room. uPVC window to the side elevation. Bedroom uPVC window to the side elevation. Ceiling light point.
Radiator. Carpet flooring. Built-in storage cupboard. Bathroom Ceiling light point. Vinyl flooring.
Fitted with a white three-piece suite comprising a WC, wash hand basin and bath with overhead shower and glass shower screen. Radiator. Partially tiled walls.
Living Room uPVC window to the front elevation. Ceiling light point. Radiator. Laminate flooring. Fireplace with wooden surround and black granite-effect hearth. Door leading through to the kitchen.
Kitchen uPVC window to the rear elevation. Ceiling light point. Laminate flooring. Fitted with a beech-coloured shaker-style kitchen with chrome handles, black laminate worktops and tiled splashbacks.
Four-ring gas hob with electric oven and extractor hood. Stainless steel sink and drainer.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Heron Mews, Heysham, Morecambe, LA3
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