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 work3-bedroom terraced house · LA3 1SA
Listing removedListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Location Grafton Road is well placed for enjoying the convenience of everyday life in Heysham and Morecambe, with local shops, schools, healthcare and other useful amenities all within easy reach.
Morecambe town centre is accessible from here, while the promenade and coastline offer somewhere to walk, run or simply enjoy the fresh sea air.
The area works particularly well for first-time buyers, young families and those wanting a home with good connections to the wider district.
Regular transport links make getting around straightforward, with Lancaster and the surrounding employment areas also within commuting distance.
It is a practical location where the essentials are close at hand, while the coast provides a welcome change of pace at the end of the day.
The Property Arranged across four floors, it has recently been refurbished with a new kitchen, fresh decoration and new carpets, creating a home that feels ready for its next owners to simply unpack and settle in.
Better still, it is offered for sale with no onward chain. Step inside and the hallway leads into the main living accommodation.
At the front, the bay-windowed lounge provides a comfortable place to relax, while the adjoining dining room gives you plenty of room for a proper dining table – somewhere for weekday meals, Sunday lunches and evenings with friends.
Built-in storage is a useful addition, and from here there is access down to the cellar, providing valuable extra storage space.
To the rear is the newly fitted kitchen, finished with a range of matching cabinets and work surfaces, an integrated electric oven and gas hob, together with space for a fridge freezer.
A door opens directly onto the rear yard, making it easy to take a morning coffee or evening drink outside when the weather allows.
The first floor is home to two double bedrooms, giving couples and families plenty of flexibility.
The bathroom is also on this level and is fitted with a three-piece suite including a bath with shower attachment. Continue upstairs and the top floor reveals a third double bedroom.
Set apart from the other bedrooms, this could make a great main bedroom, guest space or a generous home office, with a Velux window bringing in natural light and useful storage tucked beneath the eaves.
Outside, the enclosed rear yard is paved for easy maintenance, with room to add seating and create your own outdoor spot for warmer days. Material Information Tenure: Freehold. Council Tax: Band A.
Heating: Gas central heating with a combi boiler located within the kitchen. Glazing: Double-glazed windows are fitted throughout the accommodation described. Parking: On-street parking.
Improvements: Recently refurbished with a new fitted kitchen, fresh decoration and new carpets. Chain: Offered for sale with no onward chain.
EPC Rating: E Location Grafton Road is well placed for enjoying the convenience of everyday life in Heysham and Morecambe, with local shops, schools, healthcare and other useful amenities all within easy reach.
Morecambe town centre is accessible from here, while the promenade and coastline offer somewhere to walk, run or simply enjoy the fresh sea air.
The area works particularly well for first-time buyers, young families and those wanting a home with good connections to the wider district.
Regular transport links make getting around straightforward, with Lancaster and the surrounding employment areas also within commuting distance.
It is a practical location where the essentials are close at hand, while the coast provides a welcome change of pace at the end of the day.
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
Agent & docs
.png)
FAQ
About 5 Grafton Road, Morecambe
Explore nearby