We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · LA4 5JE
For saleListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Beecham Street in the charming coastal town of Morecambe, this mid-terrace house presents an excellent opportunity for investors seeking a property with tenants already in place.
The property is ideally situated just a stone's throw from the picturesque sea front, allowing residents to enjoy the refreshing coastal air and stunning views.
Additionally, the vibrant town centre is within easy reach, providing a variety of shops, restaurants, and local amenities to cater to everyday needs.
This investment opportunity is particularly appealing as it comes sold with tenants in situ, with a current rental income of £525 per calendar month, increasing to £575 per calendar month, ensuring immediate rental income for the discerning buyer.
The combination of its prime location and established tenancy makes this property a sound choice for those looking to expand their portfolio in a desirable area.
With its blend of convenience and coastal charm, this mid-terrace house on Beecham Street is a promising investment that should not be overlooked.
To comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, when an offer is accepted, all legal purchasers will be required to complete an anti-money laundering and ID check.
Our partner, Thirdfort, will carry out the initial checks on our behalf. The individual cost is £60 inclusive of VAT and will be charged before the offer can be officially accepted.
Porch - Living Room - 3.45m x 3.10m (11'4 x 10'2) - Dining Room - 3.15m x 2.51m (10'4 x 8'3) - Kitchen - 3.58m x 1.73m (11'9 x 5'8) - First Floor - Landing - Bathroom - 3.15m x 1.83m (10'4 x 6') - Bedroom One - 3.63m x 3.51m (11'11 x 11'6) - Second Floor - Bedroom Two - 3.89m x 2.92m (12'9 x 9'7) - Bedroom Three - 3.10m x 1.83m (10'2 x 6) - Rear Yard -
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Beecham Street, Morecambe
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