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See how verdicts work2-bedroom flat · LA4 6AR
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential area of Morecambe, this well positioned ground floor flat offers an excellent opportunity for a range of buyers, including first-time buyers, downsizers and investors.
The property benefits from two bedrooms, a spacious four-piece bathroom suite, well presented lounge, fitted kitchen and the added advantage of its own outside space.
Further benefits include off-road parking and a private garage for storage, providing valuable additional storage and convenience.
Offered with no upward chain, the property is ready for it's new owner to make their mark.
The property is ideally situated within the popular Bare area of Morecambe, which offers a fantastic range of local amenities and excellent transport links.
Just a short distance away, Princes Crescent provides a selection of amenities which include a bakery, butchers, post office, micro pubs and traditional pubs.
Bare Lane railway station is within easy reach which provides alternative connections towards Lancaster and Morecambe.
The stunning Morecambe Promenade is also a short walk away, offering stunning views across the Bay. We highly recommend an internal viewing to appreciate the size and standard of the property.
Tenure: Leasehold, Front Elevation Ground floor flat. Tarmacadam driveway providing off-road parking. Access to a private garage operated via up and over metal door.
Side gate allowing access to the side and rear elevation. Wooden front door with inset glass leading into; Hallway Built in storage cupboards. Carpet. Power points. Ceiling light points.
Lounge 5.24m x 3.51m (17'2" x 11'6") uPVC double glazed windows to the front and side elevation. Central heating radiator. Gas fire with feature surround. Television point. Broadband point.
Original coving. Carpet. Power points. Wall light point. Ceiling light point. Kitchen 4.25m x 3.01m (13'11" x 9'11") uPVC double glazed window to the side elevation.
Wooden rear door with inset glass leading to the side elevation. Central heating radiator. Fitted kitchen with laminated working surfaces accommodated with wooden cupboard doors.
Freestanding oven, grill and hob. Stainless steel sink with drainer. Space for a tower fridge freezer and washing machine. Extractor fan. Splash back tiling. Power points. Ceiling light point.
Bedroom One 5.32m x 3.61m (17'5" x 11'10") uPVC double glazed window to the side elevation. Central heating radiator. Double bedroom bedroom with fitted wardrobes across one wall.
Dressing table. Original coving. Carpet. Power points. Ceiling light point. Bedroom Two 2.81m x 3.38m (9'3" x 11'1") uPVC double glazed windows to the front and side elevation.
Central heating radiator. Double bedroom. Original coving. Carpet. Power points. Ceiling light point.
Bathroom 2.8m x 2.34m (9'2" x 7'8") uPVC double glazed window to the rear elevation with frosted effect. Central heating radiator.
Four piece bathroom suite with WC, hand wash basin, bath and shower cubicle. Tiling floor to ceiling surround. Extractor fan. Ceiling light point.
Garage 5.06m x 2.4m (16'7" x 7'10") Power and water.
Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations.
Fisher Wrathall outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
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
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FAQ
About Happy Mount Drive, Morecambe, LA4
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