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 1ED
Listing removedListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This renovated three-bedroom mid-terrace on Granville Road offers bright, modern living just a short walk from Morecambe Promenade.
Perfect for families or first-time buyers, the property combines stylish interiors with a fantastic location close to local schools, amenities, and transport links.
The ground floor offers a bright and spacious open-plan lounge and dining area, with French doors leading out to the rear yard.
To the rear, the modern kitchen provides plenty of storage and worktop space, along with room for white goods, making it both practical and well suited to everyday living.
Upstairs, the first floor offers two generous double bedrooms and a spacious bathroom, with the front bedroom enjoying a lovely partial sea view.
The second floor is home to another spacious double bedroom, also benefiting from views towards the sea.
Modern throughout and ready to move straight into, this is a fantastic opportunity to secure a stylish family home in one of Morecambe’s most convenient coastal locations.
Lounge/Dining Room - Entrance vestibule, laminate flooring, radiator, stairs to first floor, large double glazed window to front, double glazed French doors out to yard, under stairs storage cupboard, consumer unit cupboard.
Kitchen - Vinyl flooring, large double glazed window to rear, radiator, a range of matching wall and base units with tiled backsplash, electric hob and oven with extractor hood, space for freestanding fridge/freezer, space for under counter washing machine, Ideal boiler.
First Floor Landing - Carpeted, stairs to second floor.
Bathroom - Vinyl flooring, bath with overhead thermostatic shower, shower boarded surround, shower screen, heated towel rail, velux window to rear, wash hand basin and W.C.
Bedroom One - Carpeted, under stairs storage cupboard, radiator, large double glazed window to front with a sea view! Bedroom Two - Carpeted, radiator, double glazed window to rear.
Bedroom Three - Carpeted, radiator, Velux window to front with sea view, Velux window to rear, eaves storage, loft access. Outside - Gate access to alley.
Useful Information - Tenure Freehold Council Tax Band (A) - £1,640.72
Value & comps
No previous sales on record.
Returns
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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 Granville Road, Heysham, Morecambe
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