1-bedroom flat · LA3 2PJ
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enquiries by email only to Well-presented one bedroom ground floor flat in this popular and convenient location off Longlands Lane, close to historic Heysham Village, the parade of shops at Strawberry Gardens, Heysham Medical Centre, Heysham Golf and Cricket Clubs, Half Moon Bay and the M6 link road.
The property has uPVC double glazed windows, gas central heating from a 'combi' boiler and briefly comprises: communal front entrance porch and hallway, private entrance, hallway, bay fronted lounge with feature fireplace, modern fitted kitchen with built-in oven and hob, double bedroom and three-piece bathroom/wc.
Outside, this flat comes with the front garden/driveway providing off-road parking, garage and a rear yard.
This flat would suit a single person or couple seeking a well-proportioned flat in a popular and convenient location. DEPOSIT: £795 Council Tax Band: A (Lancaster City Council)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 St Patricks Walk, Heysham, Morecambe
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