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 work2-bedroom bungalow · LA3 3HH
For saleListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Two Bedroom Semi-Detached True Bungalow in a Sought-After Overton Location Situated on a quiet residential street within the highly desirable village of Overton, this well-maintained two bedroom semi-detached true bungalow offers comfortable single-level living, generous outdoor space and excellent off-road parking.
Recent improvements include a new roof installed in 2024 and new loft insulation fitted in 2025, helping to enhance the property's energy efficiency and providing added peace of mind for prospective purchasers.
The accommodation briefly comprises an entrance porch leading into a welcoming hallway with built in storage cupboard.
Positioned to the front of the property is a spacious living room featuring a gas fire as a focal point, creating a warm and inviting space to relax.
Adjacent to the lounge is the second bedroom, currently utilised as a home office, offering flexibility for a variety of buyer requirements.
To the rear of the property is the generous principal bedroom, alongside a modern bathroom fitted with a freestanding WC, wash hand basin with useful storage beneath, and a bath with wall-mounted shower attachment.
The kitchen is fitted with a range of wooden wall and base units complemented by laminate work surfaces.
Integrated appliances include an electric oven and gas hob, whilst there is space for a freestanding washing machine, fridge and freezer.
Additional storage cupboards provide practical convenience, and a door gives direct access to the rear garden.
Externally, the property continues to impress with a substantial block-paved frontage and side driveway.
A sloped carport provides ample covered parking and is suitable for larger vehicles or a motorhome.
There is also a detached garage, benefitting from a recently replaced roof, making it an excellent workshop, storage facility or hobby space.
The low-maintenance rear garden enjoys attractive Indian stone paving throughout, together with an outdoor water tap, providing an ideal space for outdoor seating and entertaining.
Overton is a popular village offering a range of local amenities including a primary school, children's play park, traditional public houses and a farm shop.
Regular bus services provide convenient access to Heysham, Morecambe and Lancaster, whilst the nearby Bay Gateway offers excellent transport links to the M6 motorway network.
Early viewing is highly recommended to appreciate the accommodation, location and extensive parking facilities on offer.
Freehold Council Tax Band - B Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
FAQ
About 3, Pedder Avenue, Morecambe
Explore nearby
.png){kind=logo}
