3-bedroom house · LA4 6EA
Sold STCListed 301 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to present to the market this recently improved and modernised family home, located on Lichfield Avenue just off Stuart Avenue and Broadway in the popular district of Bare.
The property has recently been refurbished including kitchen, bathroom suite, décor and floor coverings.
Internally the accommodation comprises, spacious entrance hall, lounge, large open plan kitchen through dining room with family space, utility room, landing three bedrooms and bathroom.
There is also a ground floor cloaks/WC and detached garage. Externally there is block paved driveway and parking, front and rear garden areas.
Located in Bare area the property enjoys access to a good range of amenities on nearby Princes Crescent with shops and nearby Bare Lane Railway Station.
The location takes full advantage of the recently opened Bay Gateway link road which provides enhanced access to the Lake District, Kendal, Yorkshire Dales, Preston and central Lancashire.
The property makes a fantastic opportunity to purchase a refurbished family home in a great location in walk in condition. There is no upward chain.
Council Tax Information: Band C 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.
Farrell Heyworth 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
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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
Agent & docs
FAQ
About Lichfield Avenue, Bare, Morecambe
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