3-bedroom bungalow · LA3 2SA
Sold STCReduced £15k (−5.7%) on 21 AugListed 438 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jennings Estate Agents are happy to welcome to the market, this individual, detached dormer bungalow.
The property has the fantastic potential to be extended and transformed, if required (subject to planning). The property has large reception rooms, high ceilings and decorative coving.
In a popular residential location, and close to schools, bus routes and local amenities. The property features; entrance hallway, with stairs leading to the first floor landing.
The lounge is located to the front, and overlooks the garden. Large kitchen diner to the rear, gaining access to the rear garden. Double bedroom or third reception room and shower room.
To the first floor are two bedrooms with eaves storage, and the potential to be extended (subject to planning).
Externally the property has garden space all around the property, two outbuildings and driveway, providing off road parking. No upper chain.
Viewings are highly recommended, so please contact the office on , or email us on Entrance Hall Entrance uPVC doorway. Electric heater. Storage cupboard. Stairs leading to the first floor landing.
Lounge (4 x 4.59) (into bay) Double glazed uPVC bay window to the front aspect. Gas fire with a wooden surround. Coving to ceiling.
Dining Room (3.99 x 4.03) Double glazed uPVC bay window to the front aspect. Gas fire with a wooden surround. Coving to the ceiling.
Kitchen (3.60 x 4) Fitted kitchen with large wooden wall cupboards, base units, and contrasting work surface, incorporating a stainless steel sink unit. Free standing Aga.
Double glazed uPVC window and uPVC door, leading to the rear garden. Master Bedroom (4.03 x 4) Single glazed window to the rear aspect. Gas fire with wooden surround. Coving to the ceiling.
Shower Room Three piece suite comprising; double shower cubicle, wash hand basin and low level WC. Single glazed window to the rear aspect. First Floor First Floor Landing Eaves Storage.
Bedroom Two (4.04 x 2.71) Single glazed window to the side aspect. Eaves storage. Bedroom Three (4.08 x 2.55) Double glazed window to the side aspect. Eaves storage. Store Room (2.56 x 1.85) Skylight.
Exterior External Established front garden with a laid lawn, plants and shrubs. Large paved patio area to the side. Enclose rear garden, providing off road parking.
Outbuilding One (1.57 x 2.1) Storage Area. Outbuilding Two (1.55 x 3.26) Storage Area.
Value & comps
No previous sales on record.
Returns
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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 68, Middleton Road, Morecambe
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