2-bedroom flat · LA4 5BH
For saleReduced £5k (−2.9%) on 11 OctListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the prestigious location of Broadway, this spacious two bedroom ground floor apartment in a detached purpose built building, containing of two apartments is perfect for a wide range of buyers.
Featuring a sea view from the living room window, front garden, driveway and garage. Excellent alternative for anyone looking for a bungalow within the area.
This accommodation has recently undergone some modernisation, is fully double glazed, gas central heated and briefly comprises: Communal porch to the front, welcoming entrance hall with storage cupboard, beautiful living room featuring a stunning bay window with sea views, two double bedrooms, newly installed modern bathroom, spacious kitchen diner and a rear porch offer private access.
Externally the property offers a large front garden with patio area, long driveway for multiple cars leading to a detached garage at the rear.
Located in the popular area of Bare, walking distance to Morecambe promenade, Happy Mount Park and Morecambe golf club. Within easy reach of amenities in Morecambe Town centre and Bare.
Transport links are plentiful with a regular bus route on Broadway, Bare Lane railway station and access to the M6 via Bay Gateway link road. Freehold Council Tax Band - C
Value & comps
No previous sales on record.
Returns
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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 4, Broadway, Morecambe
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