3-bedroom terraced house · LA3 1TB
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***RENT TO BUY SCHEME***CALL TO EXPRESS YOUR INTEREST*** The property benefits from a 24 / 7 repairs & maintenance service, spacious lounge, modern kitchen / diner, GCH, 3 piece bathroom, uPVC windows / doors, 3 good size bedrooms, garden and on street parking.
It is ideally located within walking distance of Morecambe Bay and the promenade.
HOST OF LOCAL AMENITIES are all within walking distance and include a Co-op Foodstores, post office, pharmacy, GP / medical centre, village shop, cafes, takeaways, leisure centre, local pub / restaurant and only minutes away from Morecambe Train Station.
Primary and secondary schools are both within walking distance. The property also benefits from EXCELLENT PUBLIC TRANSPORT links / bus routes.
It is also commutable distance to Lancaster and surrounding areas with the M6 motorway closeby. Applicants must be in employment working a minimum of 16 hours per week.
No under occupying must have a 3 bedroom need. Applicants will be assessed for suitability.
Rent to Buy properties are let at immediate rent and after five years residents will have the option to buy the property.
Applicants must be either first-time buyers or returning to the market place after a relationship breakdown.
As a provider of affordable housing an offer of a home will be subject to an affordability and financial assessment to ensure we comply with our charitable aims.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Marlborough Road, Heysham, Lancashire LA3 1TB
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