5-bedroom terraced house · LA3 1DP
Sold STCListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Without a word of exaggeration this substantial period home has one of the finest outlooks in the whole of the UK.
With intelligently designed living space providing two reception rooms which look over Morecambe Bay you will never be disappointed.
The sunsets are exquisite and the position on the Promenade is ideal for walks into Morecambe or Heysham in the fresh sea air.
With accommodation over four floors, pertaining to five bedrooms, four bath/ shower rooms and three reception rooms it will make either a fantastic family home or a very good conversion opportunity subject to the necessary consents and permissions.
Read on for more details.. The Accommodation - Well, where do we start?!
Set over four floors the substantial and versatile home and former guest house offers huge potential to any number of prospective buyers.
Accessible from the front elevation, the ground floor boasts a spacious lounge with views across Morecambe Bay, a fitted kitchen and a bedroom with ensuite facilities.
The first floor has another Bay facing reception room, two bedrooms and a shower room whilst the top floor has two more bedrooms including one ensuite as well as a family bathroom.
The handy basement offers storage potential and the internal accommodation is rounded off by the utility room and garden room which opens into the garage.
Lets Look Outside - The property has courtyard frontage and a concrete rear yard as well as the integral garage with up and over door.
The Location - Located in the vibrant seaside town of Morecambe and with the breath-taking Morecambe Promenade on its doorstep, you are sure to enjoy walking the coastline and soaking up the spectacular scenery surrounding this remarkable property.
It has been said by many that these views are comparable with anything else seen and when you see the sun setting it is hard to disagree.
Situated in a highly accessible area with the M6 bay gateway a short drive away, bus stops within easy walking distance providing access in around the area and Morecambe and Heysham both walkable it should be accessible to most.
For those with a family seeking excellent local schooling, this property is within the catchment area for both Lancaster boys and girls grammar schools.
The Situation - The property is to be sold with no onward chain and full vacant possession.
Services - The property is serviced with gas with the central heating boiler being in the lower ground floor games room, mains electricity, mains water and drainage.
Tenure - The property is Freehold with title number LA590264. Council Tax - Band D via Lancaster City Council Viewings - Strictly by appointment with Houseclub Estate Agency.
Energy Performance Certificate - Available online - contact our office for further information if required.
Value & comps
No previous sales on record.
Returns
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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 Sandylands Promenade, Heysham, Morecambe
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