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 work1-bedroom flat · LA4 6AP
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Are you looking for an exciting opportunity to create a dream home?
Situated in a quiet area of Bare, Morecambe, within walking distance of the stunning Morecambe Bay Coastline, this ground floor apartment has much to love.
This spacious one-bedroom flat provides ample space with generous room sizes as well as a handy basement, perfect for those looking for a work from home space or an occasional additional bedroom (with restricted head height).
With two Bathrooms and a generous front garden with on street parking, there is so much to love with this well connected home. No Chain.
Inside The Home - As you enter the home, you lead into a welcoming Entrance Hall, which proceeds into a generous Living Room, with a double bedroom with handy built in storage cupboards, as well as fitted Kitchen.
With a range of wall and base units providing ample storage solutions, and a fitted appliances including freestanding cooker with hob above and extractor, as well as space for a fridge freezer and plumbing for a washing machine.
To the rear of the kitchen, a three piece Bathroom suite can be found.
Access to the Basement can be found from the Entrance Hall, where stairs lead down to a generous Hall, with a handy built in storage cupboard.
Access to two further rooms can be found, both with windows providing ample natural light. A three piece modern Bathroom can also be found providing this wonderful apartment with two bathrooms.
This wonderfully versatile home is a perfect blank canvas for a multitude of buyers, looking for an exciting project.
Let's Take A Closer Look At The Area - Located in the seaside village of Bare, Morecambe, this exciting apartment has an awful lot to offer.
With the Morecambe Bay coastline a short stroll away, enjoy scenic walks whilst admiring the Lake District National Park in the distance.
Bare Train Station is also located a short distance away, which links with Lancaster Station, providing access to the West Coast Mainline.
For those who commute or would like to potentially run a holiday let from this property, the M6 Bay Gateway a short drive away and local bus service points provide access in and around the area.
Within walking distance of Princess Crescent, the heart of Bare, there are a range of local and national shops, including a butcher’s, chemist, bakery and a post office, as well as eateries and popular pubs and wine bars, perfect for those looking for a vibrant local community.
Let's Step Outside - To the front of the property, a stone chipped garden can be found with planted borders and mature shrubs.
This provides the perfect place for sitting out and relaxing on a warm summers day. On street parking is located directly in front of the property.
Services - The property is fitted with a gas central heating boiler, and has mains electric, mains water and mains drainage.
Tenure - The property is Leasehold - held on a balance of 999 years from the 24th April 1972, with a Peppercorn ground rent. Council Tax - This home is Band A under Lancaster City Council.
Viewings - Strictly by appointment with Houseclub Estate Agency. Energy Performance Certificate - View online or for more information contact our office for details.
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 Elms Road, Morecambe
Explore nearby