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See how verdicts work1-bedroom flat · LA4 5HX
For saleListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-appointed ground floor flat on Lord Street in Morecambe presents a fantastic opportunity for potential buyers.
With one reception room, one bedroom, and a bathroom, this property is ideal for individuals or couples seeking a comfortable living space.
The layout is both practical and inviting, making it easy to envision your own personal touches. An added advantage of this property is the availability of the first-floor flat for purchase as well.
This unique opportunity allows for the possibility of acquiring both flats, which could serve as a wonderful investment or a chance to create a larger living space for family or friends.
The location on Lord Street offers convenient access to local amenities, including shops, cafes, and the beautiful Morecambe Bay, perfect for leisurely strolls and enjoying the coastal scenery.
This flat is not just a home; it is a gateway to a vibrant community and a lifestyle that many aspire to.
Whether you are looking to invest or seeking a new place to call home, this flat is worth considering.
Don't miss out on the chance to explore both the ground and first-floor flats, as they present a remarkable opportunity in the heart of Morecambe. No Upper Chain.
Vestibule Entrance door with a single glazed window above. Door leading to - Hall Stairs leading to the first floor (Flat 2). Radiator.
Lounge (3.60 x 3.76 (recess)) Double glazed uPVC bay window to the rear. Electric fire with a tiled surround and hearth. Double radiator.
Door leading to - Kitchen (3.52 x 2.38) Fitted kitchen with a range of wall and base units incorporating: Stainless steel sink unit and a free standing cooker.
Space for a fridge freezer and washing machine. Double glazed uPVC window to the side and double glazed uPVC door leading to the rear garden. Double radiator.
Bedroom (4.90 (bay) x 3.77 (max)) Double glazed uPVC bay window with views towards the sea. Radiator. Decorative coving to the ceiling.
Bathroom Three piece suite comprising: Bath, overhead shower, wash hand basin and a low level WC. Double glazed uPVC window to the side. Fitted storage cupboard. Radiator.
Exterior Off road parking can be found at the front of the property and a small low maintenance garden. Enclosed rear garden with a flowerbed and patio area.
Access leading to the first floor apartment and gated access leading to the front of the property.
Additional Information We strive to make our sales brochures to be precise and accurate as possible, however they do not represent or form part of contract or offer.
The brochure is not to be relied upon as statements of representation or fact. Jennings Estate Agents Ltd has not tested any services, apparatus, equipment, fixtures, and fittings.
All room dimensions and floor plans are measured approximately and should not be taken literally.
Items shown in the photographs are not included unless specifically mentioned within the sales particulars. Fixtures and fittings may be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
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
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FAQ
About Ground Floor Flat, 23, Lord Street, Morecambe
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