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 bungalow · LA4 6RF
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Step inside to discover a welcoming hallway leading to a bright and spacious lounge with a large bay window that flood the room with natural light.
The separate dining room is the ideal setting to host your next family meal and the kitchen offers ample storage and workspace, the previous owners used part of the worktop as a breakfast bar with a small seating area.
The two generously sized bedrooms provide comfortable accommodation with the master also benefitting from large fitted wardrobes and an ensuite shower room.
The family bathroom is located off the hallway and currently has a three piece bathroom suite with an overhead shower. The property does also have loft space which would be ideal for storage.
Although requires modernisation in parts, the blank canvas provides the opportunity to make your own mark. Externally, the property is elegantly presented with pleasant gardens front and back.
The private driveway leads to the detached garage and the well-maintained rear garden – ideal for outdoor relaxation or light gardening.
With gas central heating and double glazing throughout, this home is ready to move into, yet also offers scope for personalisation.
Location Apart from offering a quiet and peaceful residential neighbourhood, the beauty of Fullwood Drive is the ease of accessibility from a number of directions; from here it’s a level walk into Bare where you’ll find a host of local services and shops on the attractive Princes Crescent as well as a choice of pubs and cafes for a drink or bite to eat.
If the idea of a daily stroll, run or cycle ride on Morecambe Promenade appeals then this is easily reached.
The property is also really handy for South Road Food and Wine, the convenience shop and Happy Palace Chinese takeaway.
The local bus routes surrounding the area are perfect for anyone looking for easy access into Morecambe or Lancaster city centre.
There’s also a train station at Bare on the Morecambe to Lancaster branch line, Lancaster station is on the main Westcoast line with services to Manchester Airport, Edinburgh and London (Euston).
Directions what3words ///tent.string.shaped Use the postcode LA4 6RF on Sat Nav with reference to the directions below: Travelling from Morecambe on the promenade turn onto Princes Crescent (B5275) between the Bow Window Café and Lakeland House (the block of flats).
Pass the shops (on the right) and follow the road round. Drive over the level crossing and take your next left. Turn right onto Low Lane and then take your second left onto Fullwood Dive.
No.56 is at the end of Fullwood Drive as you follow the road round the bend, on your left hand side. If you get to Hamilton Road, you’ve gone to far.
Services Mains electricity, gas, water and drainage. Gas fired central heating to radiators from a combination Vailant boiler in the utility room.
Mobile and Broadband Services For information on broadband and mobile services at the property, we advise prospective purchasers to consult the Ofcom website: checker.ofcom.org.uk Included in the sale Fitted carpets, curtains, curtain poles, blinds, light fittings and integral kitchen appliances as listed: Hotpoint oven & Grill, Hotpoint hob with glass protector, Hygena dish washer, Fridge and freezer, Stainless steel sink and drainer.
Local Authority Charges Lancaster City Council – Council Tax band D Anti Money Laundering Regulations (AML) Due to the Money Laundering Regulations, now officially known as Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 we are required to follow government legislation and carry out identification checks on all purchasers.
We use a specialist third party company to conduct these checks at a charge of £40 + VAT per buyer once an offer has been accepted and you will be unable to proceed with the purchase of the property until these checks have been carried out.
This charge is non-refundable.
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
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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
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FAQ
About 56 Fulwood Drive, Bare, Morecambe, LA4 6RF
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