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See how verdicts work2-bedroom bungalow · LA4 6EN
Listing removedReduced £10k (−4.3%) on 8 JulListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Immaculately presented two bedroom semi-detached true bungalow situated on this pleasant and ever popular road off Stuart Avenue, conveniently located for Bare village shopping amenities, railway station, Morecambe Golf Club, sea front promenade and within approximately two miles radius of Morecambe town centre.
The accommodation is fully uPVC double glazed, gas central heated from a 'combi' boiler and briefly comprises: Front entrance, vestibule, spacious lounge, newly fitted kitchen with integrated oven, hob and fridge freezer, inner hallway, double bedroom, bedroom two with French doors leading out to the garden and newly installed bathroom/wc.
Outside the property, there is a lawned front garden and paved driveway providing off-road parking.
Finally, there is an enclosed rear garden, laid to lawn and paving with a potting shed and large storage outbuilding.
In summary, this is a truly 'ready to move into' bungalow situated in a highly popular and convenient cul-de-sac location which will particularly appeal to the semi-retired/retired purchaser, though not exclusively so.
Internal viewings are highly recommended and will certainly not fail to impress. Sold with no upward chain.
Front entrance UPVC double glazed door with patterned glass and matching glazed side panel leading into: Vestibule Laminate flooring. Central heating radiator. Ceiling light. Electric consumer unit.
Lounge 4.13m x 3.10m (13'7'' x 10'2'') uPVC double glazed window to the front elevation. Laminate flooring. Central heating radiator. Wall mounted electric fire (remote controlled). Telephone point.
Coving. Ceiling light. Electric power points. Kitchen 3.22m x 2.24m (10'7'' x 7'4'') uPVC double glazed window and door to the side elevation. Laminate flooring.
Range of newly fitted kitchen furniture comprising base units, wall units, display cabinets and drawers with complementary working surfaces in part to four walls.
Inset ceramic sink with flexible mixer tap. Built-in 'Beko' electric oven, four ring hob and cooker hood above with extractor fan and lights. Integrated 'Beko' fridge freezer.
Plumbing/space for washing machine. Ceiling lights. Electric power points. Inner hallway Built-in storage cupboard. Coving. Ceiling light. Loft hatch access.
Bedroom one 4.36m (max) x 2.77m (max) (14'4'' x 9'1'') uPVC double glazed window to the rear elevation. Central heating radiator. Ceiling light. Electric power points.
Bedroom two 2.55m x 2.42m (average) (8'4'' x 7'11'') uPVC double glazed door and glazed side panel leading out to the rear garden. Central heating radiator. Ceiling light. Electric power points.
Bathroom/WC 1.85m x 1.63m (6'1'' x 5'4'') uPVC double glazed window to the side elevation. Tiled floor. Heated towel rail.
Three piece suite in white comprising bath with mains shower over and glazed shower screen, wash hand basin and WC both set into a vanity unit. Fully aquaboarded around the bath. Ceiling light.
Outside the property front garden Laid to lawn with flower/shrub borders. Driveway Dropped kerb onto the paved driveway providing off-road parking. External gas and electric meters.
Outside cold water tap. Gated access into the rear garden. Rear garden Laid to lawn, concrete and paving with flower/shrub beds. Potting shed. Surrounded by natural hedging.
Storage outbuilding 5.95m x 3.12m (19'6'' x 10'3'') Block and concrete sectional construction. UPVC side door. Two uPVC double glazed windows. Power and light. Separate fuse supply.
Council Tax Band: C (Lancaster City Council) Tenure: Freehold
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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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
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FAQ
About 22 Grasmere Road, Morecambe
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