We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · LA3 2QP
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom Detached Bungalow with Lovely Views Over Half Moon Bay.
This two-bedroom, detached bungalow offers fantastic potential for renovation, set in an excellent position with lovely views of Half Moon Bay.
While the property is in need of refurbishment, it boasts spacious accommodation and a large plot with gardens to the front and side.
The bungalow features UPVC double glazing throughout and gas central heating. Externally, the property benefits from a large driveway and garage, providing ample space for parking and storage.
The generous plot size offers great scope for further development, subject to the necessary planning permissions, making this an ideal opportunity to create your dream home in a highly sought-after location.
NO ONWARD CHAIN. Council Tax Band: C (Lancaster City Council) Tenure: Freehold Main Entrance Door into: Hallway Wall light. Double central heating radiator.
Access to partly boarded loft space. Lounge 4.47m x 3.67m UPVC double glazed windows to the front and side aspects with views to the front of Half Moon Bay. Central heating radiator.
Wall lights. Power points. Dining Room 2.24m x 2.92m UPVC double glazed window to the front aspect with views over to Half Moon Bay. Central heating radiator. Power points.
Kitchen 2.62m x 2.92m UPVC double glazed window to the rear aspect. Range of fitted wall and base units with contrasting work surfaces over and inset stainless steel sink.
Space for fridge. Central heating radiator. Power points. Door to outside. Bedroom 1 4.85m x 3.03m UPVC double glazed window to the side aspect. Double central heating radiator.
TV point. Power points. Bedroom 2 3.11m x 3.56m UPVC double glazed window to the rear aspect. Double central heating radiator. Power points.
Shower Room 1.81m x 2.52m UPVC double glazed opaque window. Three piece suite comprising: low level WC, pedestal wash hand basin and shower cubicle. Tiled splash areas.
Central heating radiator. Airing cupboard with hot water tank. Externally There are garden areas to the front and side, mainly laid to lawn. Side driveway leading to detached garage.
Garage The garage has an up and over door. UPVC double glazed side door and window.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Cyprus Road, Heysham, Morecambe
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