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See how verdicts work2-bedroom flat · LA4 5LG
For saleReduced £2k (−2.7%) on 21 JunListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover this inviting two-bedroom apartment on the first floor, situated within a lively over 55’s community in the heart of Morecambe.
This spacious dwelling combines comfort and convenience, making it the perfect choice for those desiring a tranquil lifestyle.
As you enter, a roomy hallway welcomes you, complete with two handy storage cupboards to accommodate your belongings.
The expansive lounge flows effortlessly into a compact yet functional kitchen, which features an integrated electric oven, hob, and extractor fan.
The apartment includes two generous double bedrooms, each providing ample room for wardrobes and personal decor.
The elegant shower room is equipped with a freestanding sink and toilet, enhancing your daily experience.
Fully double-glazed and fitted with electric heaters, this residence ensures year-round comfort. This complex also benefits from communal utility room, lounge and gardens.
Centrally located in Morecambe, you’ll find yourself just moments away from a variety of amenities, including shops, medical facilities, cafes, and retail outlets.
The property is also well-served by regular bus routes to Heysham village, Bare, and Lancaster city centre, and is conveniently close to Morecambe train station.
Seize the chance to make this charming apartment your new home!
Leasehold Information: Length of Lease: 125 years from 1st November 1994 Ground rent: Tbc Annual Service Charge: Tbc Council Tax Band - C
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 18, Ribblesdale Court, Morecambe
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