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See how verdicts work8-bedroom house · LA4 4HY
For saleListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this terraced property in Morecambe which has been split into three self-contained flats.
Flat 1: This is on the ground floor and includes an inner hallway, spacious lounge, modern fitted kitchen and bathroom and two bedrooms. This flat comes with a rear yard.
Flat 2: Comprises, flat entrance hall, good size rear lounge, modern kitchen, bathroom and two bedrooms.
Flat 3: On The top floor this comes with a good size lounge, kitchen with space for dining, two bedrooms and modern bathroom suite.
There are communal areas and the property comes with a cellar which includes a shower room. The property is been sold as a buy to let purchase with three successful ongoing tenancies.
The property currently provides the existing owner with a good regular income, full details of the tenancies and income can be obtained via the vendors agents.
Located on Albert Road the property is very close to the sea front and promenade.
This would make a great long term investment with the potential of the Eden Project close by and the expected growth in the local economy.
Council Tax Information: Band A Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations.
Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further 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
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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 Albert Road, Morecambe
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