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See how verdicts work4-bedroom flat · LA4 6RL
For saleListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to present to the market this well presented four bedroom maisonette property located in the heart of Torrisholme village.
The property offers a total of 430 square feet (131 square metres) plus garage with accommodation over 2 floors. The property would make a ideal budget family home or high yielding buy to let.
Given the size and location we also believe this property would make a superb Air BnB style serviced accommodation with the potential for strong income return.
Internally the accommodation comprises entrance hall, lounge, dining room, kitchen, shower room and two bedrooms with en-suite to the master.
Stairs leading to the second floor, with two further good sized bedrooms. Externally is a driveway and garage with access to a good sized yard.
Located in the heart of Torrisholme village there are nearby shops, takeaways, pharmacist, public house and micro pub.
The street is also in the direct bus route between Morecambe , Lancaster city and Lancaster University.
Please Note: It is our understanding that the loft conversion may have been undertaken and completed without obtaining planning consent/ building regulation approval and all prospective purchasers should rely upon their own enquiries and investigations as to the permitted and practicable use of this area.
Leasehold information: Term: 999 Years From 10th March 2004 Tyneside lease with the ground floor.
Council Tax Information: Band A Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations.
Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
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 Lancaster Road, Torrisholme, Morecambe
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