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See how verdicts workStudio flat · LA3 1EB
For saleListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Located one turn off Morecambe's stunning promenade. Schools, shops, and leisure facilities are all close by, making it an ideal family home.
The area also offers convenient access to Lancaster, the Bay Gateway, and the M6 motorway, ensuring strong transport connections both locally and beyond.
With the proposed Eden Project nearby, this location is set to enjoy even greater appeal in the years to come.
Description FOR SALE - Attractive investment in an upcoming area of Morecambe, close to the proposed Eden Project. Currently let to a family at £625 per month, with the tenant covering all bills.
Managed by Parkinson Property, Lancaster, on a rolling tenancy agreement. A hassle-free, income-generating asset with potential for increased rental figures as the area continues to develop.
Current gross yield of 6.52% with increase potential.
Accommodation Text The property offers well-planned living space, comprising a welcoming living room, fitted kitchen, separate utility room, bathroom, and two spacious bedrooms.
Externally, there is a rear yard and good on-street parking available. Services All services connected. EPC Information 41 E Council Tax Band Tax band A. Lease Terms Tenant on a rolling tenancy.
Legal Costs Each party responsible for their own legal costs.
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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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
FAQ
About Granville Road, Heysham, Morecambe, Lancashire, LA3 1EB
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