3-bedroom house · LA3 1JB
For saleReduced £3.5k (−2%) on 22 MayListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to present to the market this semi detached property with accommodation which comprises two reception rooms, kitchen and utility/boot room.
To the first floor there are three bedrooms and family bathroom. Externally there is a good size rear garden with a great rear aspect over surrounding countryside.
The property is offered as a buy to let investment with a successful ongoing tenancy.
The current tenancy provides a good regular income for the seller which can easily be transferred to a new landlord buyer. Full details of these figures are available through the vendors agents.
The Heysham and Morecambe areas takes full advantage of the Bay Gateway link road which provides direct access via the M6 to the Lake District, Kendal, Yorkshire Dales, Preston and central Lancashire.
Morecambe is currently under review for the potential construction of the Eden Project North which we believe will significantly enhance the popularity of the area and boost the local economy.
The location of this property will benefit significantly from the installation of this project.
Please note images supplied were taken pre-tenancy as the property is currently occupied and for sale as a buy to let investment.
Council Tax Information: Band B 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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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 Lordsome Road, Heysham, Morecambe
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