2-bedroom flat · LA4 5JL
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom purpose built apartment in this modern block that includes a lift to all floors and a car parking space.
Close to the town centre this spacious property has plenty of feature windows and includes a fridge freezer.
The front door opens into a spacious lobby area that gives access to all of the rooms and includes a walk in storage cupboard.
The open plan living room and kitchen is a great socialising area with plenty of space for a table and chairs.
The kitchen has a stainless steel electric hob and oven along with an integrated fridge freezer. The main bedroom has plenty of space for a double bed, wardrobe and chest of drawers.
The second bedroom can also accommodate a double bed, this would also make an ideal study or home office. The spacious bathroom has a white three piece suite with the benefit of an over bath shower.
The property is in band B for council tax and water is supplied on a meter.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Queen Square, Station Road, Morecambe, LA4
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