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 work1-bedroom flat · LA3 1AH
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One Bedroom First Floor Flat | Ideal Investment Opportunity | Close to the Promenade To be sold via online auction - powered by The Auction Group Situated on the popular West End of Morecambe, this well-presented one-bedroom first floor flat offers an excellent opportunity for first-time buyers, investors or those looking to downsize.
Conveniently located within easy walking distance of Morecambe Promenade, local amenities, transport links and the town centre, the property combines coastal living with everyday convenience.
The accommodation comprises a welcoming entrance, a bright and spacious lounge, a fitted kitchen with ample storage and worktop space, a generous double bedroom and a modern bathroom.
The layout is practical and offers comfortable living throughout, with plenty of natural light enhancing the space.
The property benefits from gas central heating and double glazing, providing comfort and efficiency all year round.
Morecambe continues to grow in popularity thanks to the ongoing Eden Project Morecambe development, making this an attractive proposition for both owner-occupiers and buy-to-let investors seeking strong long-term potential.
Auction Details To be sold via Online Auction, via unconditional terms, completion strictly within 28 days Bidding window opens - TBC Auction Ends- TBC Starting price - £40,000 (Reserve price is higher & unpublished) Fees All fees are payable by banks transfer only (we do not take card payments ) Buyers premium - Please note that there is a buyers premium of £6000inc vat that applies to this lot ( %including VAT ) payable by the buyer within 2 hours of winning the auction.
The buyer's premium does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over and above the sale price paid to the vendor.
Searches - searches have been ordered and will be made available for download from The Auction Groups website prior to bidding taking place.
Viewings To view the property please visit The Auction Groups website - for viewing availability and to register your interest.
It is highly recommended that you carry out any required due diligence prior to placing an offer on a property. EPC Rating: E
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Windsor Road, Morecambe, LA3
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