2-bedroom flat · LA4 4JN
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A tidy and well-proportioned two-bedroom first-floor flat on Balmoral Road, offering two good-sized bedrooms, a spacious living room and plenty of useful storage, including loft space and a substantial undercroft storage area.
Well positioned for easy access into Morecambe, the promenade and seafront, with good transport links towards Lancaster and the Bay Gateway. Available now!
Entrance Hallway UPVC front door opens into the entrance hallway. Radiator. Vinyl flooring. Stairs leading up to the first-floor landing. UPVC double glazed window to the side elevation.
Ceiling light point. Landing Loft access point with pull-down ladder. Carbon monoxide alarm. Ceiling light point. Storage vestibule with shelving. Smoke alarm. Radiator. Vinyl flooring.
Doors leading to bedroom one, bedroom two, living room, bathroom and kitchen. Bedroom Two 2.601m x 2.841m UPVC double glazed window to the front elevation. Ceiling light point. Radiator.
Brown coloured carpet. Built-in storage cupboard with shelf.
Living Room 3.930m x 4.436m (into bay) A good-sized living room with UPVC double glazed bay window to the front elevation with stained glass effect detailing to the top. Ceiling light point. Radiator.
Feature fireplace (not operational). Brown coloured carpet.
Bedroom One 3.323m x 3.473m (not including built-in wardrobes) A well-proportioned double bedroom with UPVC double glazed window to the rear elevation. Ceiling light point. Radiator.
Built-in storage cupboards with hanging rails. Brown coloured carpet. Bathroom 1.721m x 2.280m Double glazed window to the rear elevation with patterned glass. Spotlights to the ceiling.
Fitted with a three-piece bathroom suite comprising WC, wash basin and shower cubicle. Mirrored cabinet. Vinyl flooring. Kitchen 3.161m x 1.958m UPVC double glazed window to the side elevation.
Ceiling light point. Fitted with a white Shaker-style kitchen with laminate work surfaces, four-ring gas hob, electric oven and 1½ bowl sink and drainer. Space for a washing machine.
Tiled splashbacks. Vinyl flooring. Loft Space Accessed from the landing via a pull-down ladder. The loft is partly boarded, providing useful additional storage space.
The central heating boiler is also located within the loft.
Undercroft Storage Accessed from the rear of the building, the property benefits from a substantial undercroft storage area, similar in size to a garage space.
Please note there is no vehicular access to the undercroft. Please Note There is no outside space included with this flat.
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
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FAQ
About Balmoral Road, Morecambe, Lancashire, LA4
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