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See how verdicts work1-bedroom flat · LA3 1JL
Listing removedReduced £7.5k (−8.6%) on 9 AugListed 110 days
Opportunity summary
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About
Description Well-proportioned one bedroom first floor purpose built flat located in this popular development on Levens Drive which runs parallel to Woodlands Drive, conveniently situated within approximately half a mile radius of the parade of shops at Strawberry Gardens, Heysham Cliffs, seafront promenade and close to historic Heysham Village and the M6 link road.
The flat is uPVC double glazed, gas central heated from a 'combi' boiler (installed 2022) and benefits from having had a full electrical re-wire.
Briefly comprises: Communal front entrance and hallway with intercom entry system, staircase to all floors, private entrance into flat 21, hallway with walk-in storage cupboard, lounge with access onto the balcony, modern fitted kitchen with built-in oven and hob, double bedroom with fitted wardrobes and three-piece bathroom/wc.
Outside the property, there is a shared yard for bin storage.
In summary, this is a competitively priced flat and will appeal to a wide range of buyers seeking low maintenance living in a popular and sought after location. Sold with no upward chain.
Communal entrance Staircase to all floors. Private front entrance hallway Central heating radiator. Ceiling light. Smoke detector. Consumer unit. Power point.
Walk-in storage cupboard with shelving and light. Lounge with balcony access 3.49m x 4.36m (11'4" x 14'3") uPVC double glazed window. UPVC double glazed door leading onto the balcony. Electric fire.
Central heating radiator. TV aerial point. Telephone point. Ceiling light. Electric power points. Kitchen 2.98m x 2.13m (9'8" x 6'9") uPVC double glazed window.
Fitted base units, wall units and drawers. Wood effect working surfaces and tiled splashbacks in part to two walls with inset sink. Built-in 'Beko' electric oven and four ring ceramic hob.
Wall mounted 'GlowWorm' gas combination condensing boiler (installed 2022). Space/plumbing for a washing machine, tumble dryer and fridge freezer. Ceiling light. Electric power points.
Bedroom 2.94m x 4.36m (9'6" x 14'3") uPVC double glazed window. Central heating radiator. Built-in wardrobes. Ceiling light. Electric power points.
Bathroom/WC 1.95m x 2.43m (6'4" x 7'9") uPVC double glazed window. Central heating radiator. Three-piece suite comprising bath with mains shower, wash hand basin and WC. Cupboard with shelving.
Ceiling light. Outside the property Communal yard/bin storage area accessed from the ground floor hallway. Tenure Leasehold - 999 years from 1971. Ground Rent £8.00.
Service Charge (2026) - £1190.00 payable to Fisher Wrathall.
Notes New kitchen and full electrical re-wire 2022 Council Tax Band: A (Lancaster City Council) Tenure: Leasehold (944 years) Ground Rent: £8 per year Service Charge: £1,190 per year
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.
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FAQ
About 21 Levens Court, Heysham, Morecambe
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