14-bedroom terraced house · LA4 5AQ
For saleListed 19 daysAuction 12 Nov · in 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction. 12th of November 2026.
An exceptional opportunity to acquire a beautifully presented, established 12-bedroom guest house, occupying a prime seafront position on Marine Road East in the popular coastal town of Morecambe.
The property offers 12 well-appointed guest bedrooms, all benefiting from their own en-suite facilities, providing an attractive and established hospitality business in a highly desirable coastal location Description The Shipping Lanes, 363 Marine Road East, Morecambe, LA4 5AQ An exceptional opportunity to acquire a beautifully presented, established 12-bedroom guest house, occupying a prime seafront position on Marine Road East in the popular coastal town of Morecambe.
The property offers 12 well-appointed guest bedrooms, all benefiting from their own en-suite facilities, providing an attractive and established hospitality business in a highly desirable coastal location.
Presented to a high standard throughout, the guest house is ready for a new owner to step in and continue trading, making this an exciting proposition for both experienced hospitality operators and investors looking to acquire a substantial income-producing asset.
Adding further appeal is a separate two-bedroom, two-bathroom annexe, offering ideal accommodation for an owner, resident manager or staff member, allowing the business and residential accommodation to operate independently.
With its enviable seafront location, substantial bedroom capacity, separate living accommodation and ready-to-trade condition, The Shipping Lanes represents a rare opportunity to acquire a sizeable hospitality business in a prominent coastal setting.
Offered for sale by auction, early viewing is strongly recommended to appreciate the scale, presentation and potential of this impressive property.
Tenure Freehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.
The legal pack is available to download free of charge under the LEGAL DOCUMENTS'.
Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 363 Marine Road East, Morecambe, Lancashire, LA4 5AQ
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