5-bedroom flat · LA3 2UW
For saleListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three high quality self contained apartments. Investment opportunity generating £48,000 per annum with over 2800 square feet of accommodation! A healthy 12% gross return for an investor.
This attractive property has been thoughtfully split into three self-contained apartments each with private parking, private access and individual garden areas to complement.
Inside The Home - Ground Floor Rocklea is a 2-bedroomed apartment (both ensuite). Large windows throughout allow natural light to the rooms.
The property comprises: entrance porch, inner hall, 2 ensuite bedrooms, reception room leading to cellar and large fully equipped dining kitchen leading to side hall with external door and separate modern bathroom.
First Floor Rocklea is also a 2-bedroomed apartment (both ensuite). Access is to the rear of the property via its own private entrance.
The property comprises: staircase leading to landing with all rooms off, modern dining kitchen and views over Heysham Port and Morecambe Bay, large reception room, cloakroom with WC plus vanity unit and the 2 ensuite bedrooms.
The front bedroom ensuite has twin hand basins mounted on granite tops, a large oval freestanding bath and separate walk in shower.
The front bedroom has views over Heysham Port and across Morecambe Bay.
Second Floor Rocklea is the top floor apartment and comprises: private entrance, porch, inner hall, staircase leading to landing area with extensive views over Morecambe Bay, elegant bedroom with dormer and bay views, reception room with views to the Pennines, shower room with Velux window, fitted kitchen with exposed beams, integrated appliances and Velux window.
The 3 apartments present an exciting opportunity to continue a successful business.
Let's Take A Closer Look At The Area - Located close to Heysham Port, with bustling freight and ferry traffic, this property is only a short walk from the port and Heysham Power Station.
The surrounding area is popular with working professionals looking for quality accommodation.
The port provides access to the Isle of Man, Ireland and offshore platforms and also services Isle of Man residents and tourists to and from the island.
Popular seasonal events include the world famous TT and Grand Prix races.
This high specification apartment block is well connected and lies within a short distance of shops, food outlets and public transport (bus and rail).
The nearby coast consists of some spectacular beaches and rocky outlets with the village of Heysham offering further attractions such as the iconic St Peter’s church and the village pub.
The Bay Gateway and excellent bus and train links allow easy access to the M6, Morecambe and Lancaster.
Let's Step Outside - Each property benefits from its own parking and garden areas, which the vendor has planned to enable full separation.
The property area is upwards of 2800 square feet and has private parking for circa 7 vehicles.
In addition, there is also the base for a 2-car garage with planning permission ready to use for extra parking or re-build if required.
Services - The property is served with gas and electric central heating with the two lower apartments having gas and the upper electric. There are also mains electric, gas, water and sewage services.
Tenure - The property is Freehold. Title number: LA739970.
Council Tax - The ground floor apartment is Band A under Lancaster City Council, with the two upper apartments receiving small business rates relief.
Viewings - Strictly by appointment via Houseclub Estate Agency. Energy Performance Certificate - View online or for more information contact our office for details.
Please Note: - The vendor is open to selling items of furniture with the property, via separate negotiation. Please contact our office for more information.
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 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 Moneyclose Lane, Heysham, Morecambe
Explore nearby