We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · LA3 3EE
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Two bedroom mid terraced house on this private lane off Oxcliffe Road, conveniently situated for Westgate shopping amenities and close to both primary and secondary schools.
The property is uPVC double glazed, gas central heated from a 'combi' boiler and briefly comprises: Front entrance porch, lounge with feature fireplace, fitted kitchen diner with integrated oven and hob, rear vestibule/laundry area, ground floor bathroom, staircase to first floor landing and two double bedrooms.
Outside the property, there is a rear yard and paved rear garden.
In summary, this is a well-proportioned terraced property which will appeal to a range of buyers seeking an affordable home in a convenient location. Viewings are highly recommended.
Front entrance porch Composite double glazed door. UPVC double glazed windows. Tiled floor.
Inner glazed door into: Lounge 3.98m x 3.79m (13'1'' x 12'5'') uPVC double glazed window to the front elevation. Laminate flooring. Central heating radiator. Feature fireplace with electric fire.
Coving. Ceiling light with decorative rose. Electric power points. Kitchen diner 3.98m x 3.31m (13'1'' x 10'10'') uPVC double glazed window to the rear elevation. Tiled floor.
Central heating radiator. Fitted base units, wall units and drawers with complementary working surfaces and tiled splashbacks in part to two walls. Inset single bowl stainless steel sink.
Built-in electric oven, four ring induction hob and cooker hood above with extractor fan and lights. Ceiling lights. Electric power points.
Rear vestibule/laundry area Plumbing/space for washing machine and tumble dryer. Tiled floor. Central heating radiator. Ceiling lights. Electric power point. UPVC double glazed back door.
Ground floor bathroom 2.31m x 1.67m (7'7'' x 5'6'') uPVC double glazed window to the rear elevation. Tiled floor. Heated chromium towel rail.
Three piece suite in white comprising bath with wall mounted electric shower, wash hand basin and WC set into a vanity unit. Fully aquaboarded floor to ceiling. Ceiling lights. Extractor fan.
Staircase from kitchen diner to first floor landing Bedroom one 3.98m x 3.71m (13'1'' x 12'2'') uPVC double glazed window to the front elevation. Central heating radiator. Coving. Ceiling light.
Electric power points. Bedroom two 3.37m x 3.10m (11'1'' x 10'2'') uPVC double glazed window to the rear elevation. Central heating radiator.
Built-in storage cupboard housing the 'Ideal' gas combination condensing boiler. Ceiling light. Electric power points. Outside the property rear yard Laid to concrete. Outside security light.
Outside cold water tap. Rear garden (neighbouring property has right of way for bin access/removal) Laid to paving. Surrounded by timber fencing.
Council Tax Band: B (Lancaster City Council) Tenure: Freehold
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
Agent & docs
.png){kind=logo}
FAQ
About 8 St Johns Terrace, Morecambe
Explore nearby
