2-bedroom flat · LA3 1BL
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Big open house, Friday 25th & Saturday 26th September. 10AM – 4PM. Please call to book A viewing slot.
Two Bedroom First Floor Maisonette Flat, Morecambe An excellent opportunity for first-time buyers and investors alike, this spacious two-bedroom first floor maisonette is ideally situated within walking distance of Morecambe's seafront and offers convenient access to local shops, schools, regular bus services and the Bay Gateway providing links to the M6.
The accommodation briefly comprises an entrance porch leading into a generous hallway which opens into the fitted kitchen.
The kitchen is equipped with a range of wall and base units and offers space for a gas cooker, washing machine and freestanding fridge freezer.
A few steps lead up into the inviting lounge, providing a comfortable living space with useful under-stair storage.
To the upper level, the property benefits from a bathroom fitted with a bath and wall-mounted shower, wash hand basin, WC and chrome heated towel radiator.
Also on this level is the second bedroom, while a further short flight of stairs leads to the spacious master bedroom, offering ample room for wardrobes and storage solutions.
Externally, the property enjoys the added benefit of off-road parking for one vehicle on the driveway.
Stairs leading to the property's entrance also provide access to a generous roof terrace, creating an excellent outdoor space for seating, entertaining or simply relaxing.
Offering versatile accommodation in a convenient coastal location, this maisonette presents a fantastic chance to step onto the property ladder or acquire a ready-to-let investment.
Council Tax Band - A Leasehold Information: Length of Lease - 250 Years from 5th July 1991 Service Charge - N/A Ground Rent - N/A
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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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 116, Chatsworth Road, Lancashire
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