2-bedroom flat · LA3 1FR
For saleListed 757 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover this delightful two double bedroom second floor flat, perfectly situated to enjoy coastal living.
This accommodation is fully double glazed, gas central heated and briefly comprises: Enter through the secure communal entrance.
Upon entering the flat, you are welcomed by a spacious hallway that leads to a family bathroom, ensuring convenience for residents and guests alike.
Both double bedrooms are equipped with built-in wardrobes, maximizing storage space.
The master bedroom further enhances your living experience with a stylish shower ensuite, offering a touch of luxury.
The open plan kitchen and living area serves as the heart of the home, designed for modern living and entertaining.
Bright and airy, this space is filled with natural light, thanks to the patio doors that open to a charming Juliette balcony.
Here, you can relish in the partial sea views, providing a serene backdrop for your daily life. Within the kitchen there is a washer/dryer, under counter fridge and freezer.
It is also worth noting the owners are willing to include the corner sofa. This flat is a perfect blend of comfort and style, ideal for those looking to embrace a vibrant coastal lifestyle.
Don't miss out on the opportunity to make this lovely property your new home! Externally the property benefits from allocated parking, visitors parking, bin store, bike store and communal gardens.
Conveniently situated a short walk to Morecambe promenade/beach and 1 mile from the Eden Project site. Close to a wide range of local amenities including schools, shops, library and medical practice.
Transport links are plentiful and access to the M6 is simple due to the Bay Gateway link road. A perfect time to buy in this location.
Leasehold Information: Length of Lease: 980 Ground rent: £300 per annum Annual Service Charge: £1500 per annum Council Tax Band – A
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 21 Egret House,, Mears Beck Close, Morecambe
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