2-bedroom flat · LA4 4JA
Sold STCListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).
Bidding opens on the 17th of March at 12:00 and closes on the 24th of March at 12:00 with a GUIDE PRICE of £65,000.
Property Solver Online Auctions is thrilled to present this beautiful maisonette (823 sq ft) that is perfect for a savvy buy-to-let investor located in the highly sought-after Westminster Road, Morecambe.
Located on the highly sought-after Westminster Road, this well-presented two-bedroom maisonette offers a superb turnkey investment opportunity.
Perfectly positioned close to Morecambe town centre, local amenities, transport links and the scenic promenade, it’s an attractive choice for long-term tenants and professionals seeking convenient coastal living.
The maisonette spans two floors, providing a generous total floor area of approximately 823 sq ft.
The ground floor (501 sq ft) comprises a bright and spacious family lounge (166 sq ft), a well-equipped fitted kitchen (156 sq ft), and a modern shower room (57 sq ft).
The lower ground floor (322 sq ft) features two comfortable bedrooms – Bedroom 1 (192 sq ft) and Bedroom 2 (107 sq ft).
The property also features a rear garden and ample on-road parking for convenience.
With the Eden Project North regeneration continuing to boost Morecambe’s profile and property demand, this tenanted maisonette at LA4 4JA represents an ideal high-yield addition to any growing portfolio.
It lies within walking distance of local amenities – including shops, parks and transport links – and is close to several Ofsted-rated Good schools such as Lancaster Road Primary School (Good) and Morecambe Bay Community Primary School (Good).
Contact Property Solvers Auctions 24/7 for more information and to book in a viewing...
More Information The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.
28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).
The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding.
For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.
Notice to Bidders Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license).
For a full list of requirements, please see the legal pack documents.
Buyer Reservation Fee A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.
Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.
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 advisors 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 Westminster Road, Morecambe, LA4 4JA
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