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See how verdicts work6-bedroom house · LA4 5AH
For saleReduced £25k (−5.9%) on 19 JulListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the iconic promenade in the heart of Morecambe, this impressive 5/6 bedroom terraced residence offers breath-taking panoramic views across Morecambe Bay and provides substantial, versatile accommodation arranged over five floors.
Beautifully presented and recently renovated, the property blends period charm with modern comforts, making it an exceptional family home or lifestyle purchase by the sea.
The accommodation briefly comprises an entrance porch leading into a welcoming hallway, which in turn opens to the elegant front dining room featuring a bay window framing those stunning bay views.
Moving through, the cosy reception room boasts a charming log burner - perfect for relaxing evenings or further storage options.
To the rear, the fitted kitchen includes a built-in electric oven, gas hob, extractor fan and ample space for a dining table within the bay window area, creating an ideal setting for informal dining.
A useful basement level provides excellent additional space, currently arranged as a utility room and a versatile front room which is used as a hobby room but could easily serve as a sixth bedroom, guest suite or home office.
The basement is also accessible externally from the front via steps. To the first floor, the spacious lounge enjoys elevated, uninterrupted views across the bay from another attractive bay window.
This floor also hosts a single bedroom and a stylish tiled four-piece family bathroom complete with two heated towel radiators.
The second floor offers a particularly generous double bedroom to the front, a single bedroom to the rear, and a well-appointed shower room featuring dual sinks, freestanding WC and shower tray.
Occupying the top floor is a further spacious double bedroom along with an additional room currently used for storage/study, which could readily become another bedroom if required.
Externally, the rear of the property reveals a flagstone-paved yard with decking area - ideal for outdoor seating and entertaining - providing access to the detached garage and off-street parking, a valuable asset in this prime seafront location.
The home has undergone multiple recent improvements including new uPVC windows, composite doors, a freshly painted exterior and the installation of a modern combination boiler along with updated electrics.
Perfectly situated for convenient access to regular bus routes serving Heysham, Lancaster, Bare and the Lake District, as well as being within easy reach of local train stations, this outstanding seafront property presents a rare opportunity to acquire a substantial and beautifully updated coastal home in one of the area’s most desirable positions.
Freehold Council Tax Band - C
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
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FAQ
About 378, Marine Road East, Lancashire
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