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See how verdicts work3-bedroom terraced house · LA4 5LP
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Situated in the heart of Morecambe, this traditional terraced home enjoys a convenient position close to a wide range of local amenities.
The town centre offers an excellent selection of shops, supermarkets, cafés and restaurants, while Morecambe's famous promenade and seafront provide beautiful coastal walks and views across Morecambe Bay towards the Lakeland Fells.
The property is well placed for access to local schools, public transport links and everyday facilities, making it a practical choice for families and first-time buyers.
Morecambe railway station provides connections towards Lancaster, where further shopping, leisure facilities and mainline rail services are available.
For those commuting further afield, the Bay Gateway provides convenient access to the M6 motorway, connecting Morecambe with the wider region.
Property Information This attractive three-bedroom stone-fronted terraced home offers approximately 1,023 sq. ft. of accommodation, arranged over three floors, together with a useful cellar.
Having been a much-loved family home for approximately 40 to 50 years, the property retains plenty of traditional character, generous room proportions and high ceilings, providing an excellent starting point for its next chapter.
The property has benefited from improvements over the years, including works undertaken through a grant-funded scheme approximately 20 years ago.
However, it now presents an exciting opportunity for a new owner to undertake a programme of refurbishment and redecoration, creating a home tailored to their own tastes and requirements.
Stepping inside, a welcoming entrance hallway leads to two separate reception rooms.
The front living room is a particularly attractive space, featuring a bay window that brings in natural light, traditional ceiling coving and generous proportions.
To the rear, the dining room provides a versatile second reception area, ideal for family meals or everyday living, with access through to the kitchen.
The kitchen is fitted with a range of wood-effect units and worktop space, although it would benefit from updating as part of the property's refurbishment.
The first floor offers two bedrooms, including a particularly spacious principal bedroom with two windows providing plenty of natural light.
The second bedroom is another well-proportioned room, suitable for children, guests or use as a home office.
Completing this floor is a generous bathroom fitted with a corner shower enclosure, wash basin and WC.
A further staircase leads to the second floor, where a substantial third double bedroom provides a wonderful additional space.
With exposed timber floorboards, sloping ceilings and a roof window, this characterful room offers excellent potential to become an attractive principal bedroom, guest room or teenager's retreat.
The property also benefits from a useful cellar, providing additional storage space.
Outside, an enclosed rear yard offers a practical, low-maintenance outdoor area, with a paved surface, space for bins and a timber gate providing rear access.
With some attention, this could be transformed into a pleasant courtyard-style seating area.
Whilst the property requires modernisation throughout, its attractive stone frontage, spacious accommodation and flexible layout make it an appealing opportunity for buyers looking to create a home of their own.
After decades of family ownership, it is ready for a new chapter and someone to make it their own.
Material Information Freehold Property Accommodation: Arranged over three floors, plus cellar Outside Space: Enclosed paved rear yard with gated access Parking: On-street parking, subject to availability and local restrictions Condition: Requires refurbishment and redecoration throughout Key Features Attractive three-bedroom stone-fronted terrace Spacious accommodation over three floors Two separate reception rooms Characterful bay-fronted living room Generous bedrooms with excellent proportions Spacious second-floor double bedroom First-floor bathroom with shower enclosure Useful cellar and enclosed rear yard Excellent opportunity for refurbishment EPC Rating: D Yard To the rear, the property benefits from an enclosed, paved yard providing a practical and low-maintenance outdoor space.
Surrounded by boundary walls and featuring a timber gate for rear access, the yard offers plenty of potential for improvement.
With some attention and a few personal touches, it could become an attractive courtyard-style seating area, ideal for enjoying a morning coffee or relaxing outdoors. Parking - On street
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.
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FAQ
About King Street, Morecambe | Character & Potential
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