2-bedroom flat · LA4 6BQ
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented two double bedroom ground floor, offering driveway and potential for a rear garden or driveway.
Situated on a quiet cul de sac in the heart of Bare; walking distance to the parade of shops, takeaways, hair salon on Princes Crescent and the popular “Dog and Partridge” public house at the end of the grove.
This accommodation is fully double glazed, gas central heated and briefly comprises: Upon entering through a private side entrance, you are greeted by a welcoming hallway that features a handy storage cupboard, providing practicality right from the start.
The spacious living room boasts a striking bay window that floods the space with natural light, complemented by a cozy feature fireplace, ideal for relaxation or entertaining guests.
The well-equipped kitchen includes an electric oven, a gas hob, ample space for a fridge freezer, and plumbing for a washing machine, making it functional for everyday use.
The larger double bedroom comes complete with a built-in wardrobe, offering both space and convenience.
A smaller double bedroom provides versatility for guests, a home office, or a child's room, while the family shower room adds to the flat's appeal with its modern fixtures.
Externally, the property stand out with a low maintenance garden at the front, featuring stylish artificial grass that requires minimal upkeep.
To whole driveway belongs to the flat (providing right of way to the upper flats garage). The current owner has taken down a garage to allow for anyone looking to a create a rear garden.
However, there is an option to reinstate a garage should it be required (the owner has a garage ready to erect subject to negotiations).
Additionally, there’s an adjacent garden area that holds potential; it could either extend the existing driveway or be beautifully landscaped to create a delightful outdoor sitting area.
Conveniently situated in the popular area of Bare, walking distance to the promenade, beach and Happy Mount Park.
Regular bus routes to the surrounding Lancaster city and Morecambe town and easy travel links to M6 via the Bay Gateway makes this the perfect location.
Please note: Some photos include ai to give examples of what could be created externally. This flat combines comfort, style, and practicality, making it an ideal home for various lifestyles.
Don't miss your chance to view this property!
Leasehold information: Lease length: 999 years from 1 January 2003 Service Charge: Na Ground Rent: Na Council tax band A Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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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 7, Palmer Grove, Lancashire
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