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See how verdicts work1-bedroom flat · LA3 2PY
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this delightful one bedroom, second floor apartment situated in an attractive Grade II Listed Building located in the sought-after location of Heysham.
The property benefits from double glazing and gas central heating and the accommodation briefly comprises; communal hallway and stairs leading to a private entrance allowing access into, vestibule, spacious lounge/dining room, modern kitchen, double bedroom and a three piece shower room suite with walk-in shower.
Externally there is a residents' car park with bin storage. The property appeals to a range of buyers from first time buyers to investors looking to start or expand their portfolio.
We highly recommend an internal viewing to appreciate the size and standard of the property.
Penhale Court is situated in a popular residential area with many local amenities close by from 'Co-op' and a parade of shops located on Heysham Road.
The Bay Gateway provides easy access into Lancaster, Morecambe and the M6 Motorway. EPC rating: C.
Tenure: Leasehold, Length of lease (remaining): 963 years 1 months, Lounge/Dining Room 5.34m x 4.32m (17'6" x 14'2") Double glazed window to the side elevation. Skylight window with opener.
Central heating radiator. Access into the kitchen and storage cupboard. Television point. Power points. Two ceiling light point. Kitchen Skylight window with opener.
Modern kitchen with wood effect laminated worktop accommodated with gloss cupboard doors. Oven, grill and hob with extractor fan over. Stainless steel sink with drainer.
Space for a washing machine and fridge. Partial grey tiling. Power points. Ceiling light point. Bedroom 4.23m x 2.9m (13'11" x 9'6") Double glazed window to the side elevation.
Skylight window with opener. Central heating radiator. Double bedroom. Power points. Ceiling light point. Shower Room 3.1m x 1.67m (10'2" x 5'6") Skylight window with opener.
Three piece shower room suite with W.C., hand wash basin and walk-in shower with waterfall effect. Ceiling light point.
Leasehold Details Lease Term: 999 years from 1st April 1990 Annual Service Charge: £360pa Ground Rent - tbc
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
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FAQ
About Penhale Court, Heysham, LA3
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