3-bedroom house · LA3 1EP
For saleReduced £20k (−10%) on 30 SepListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain-Free Three Bedroom Semi-Detached Home – Ideal First-Time Buy or Investment Opportunity Offered to the market chain free, this well-presented three-bedroom semi-detached property is an excellent opportunity for first-time buyers, families or buy-to-let investors seeking a home in a convenient Morecambe location.
The accommodation briefly comprises an entrance hallway leading to a welcoming front living room, featuring a bay window and electric fireplace.
To the rear, the property boasts a spacious open-plan kitchen/diner, fitted with modern cream gloss wall and base units complemented by wood-effect laminate worktops.
Integrated appliances include an electric oven, hob and extractor fan, with additional space provided for a washing machine.
The dining area benefits from useful built-in storage, housing the boiler, while the hallway also offers an understairs storage cupboard and access to the rear garden.
To the first floor are two generous double bedrooms, a single bedroom, and a contemporary tiled bathroom comprising a bath with wall-mounted shower attachment, freestanding WC, vanity sink unit with storage beneath, and an illuminated electric mirror.
Externally, the property offers off-road parking via a driveway extending to the front and side.
Wooden gates provide access to the enclosed rear garden, which has been designed for low maintenance and enjoyment, featuring a block-paved seating area, artificial lawn and a substantial summer house with power connected.
This versatile space is ideal as a home office, gym, hobby room or entertaining area.
Conveniently located close to local shops, schools, businesses and regular bus services, the property offers easy access to Morecambe town centre, Heysham Village and Lancaster City Centre.
Early viewing is highly recommended to appreciate all this fantastic home has to offer. Freehold Council Tax Band - B
Value & comps
No previous sales on record.
Returns
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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 232, Westminster Road, Lancashire
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