We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house · LA4 5LR
Listing removedListed 500 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this spacious four bedroom mid terraced house located in the heart of Morecambe.
This property is a fantastic opportunity for those looking to invest in a renovation project, as it is being sold chain-free and is ready for your personal touch.
Upon entering, you are greeted by a welcoming entrance porch that leads into a generous hallway.
The ground floor features two well-proportioned reception rooms, ideal for family gatherings or entertaining guests.
At the rear, you'll find a kitchen with access to both the cellar and a quaint rear yard, perfect for enjoying the outdoors or for additional storage.
Moving to the first floor, you'll discover two inviting double bedrooms that offer plenty of natural light.
The spacious four-piece bathroom is a highlight, featuring a freestanding shower, a cozy bath, a sink, and a toilet, providing all the essentials for your family’s needs.
The second floor continues to impress with another double bedroom and a single bedroom, both equipped with Velux windows that fill the space with sunlight and provide lovely views.
This property is ideally situated in central Morecambe, just a stone's throw away from a variety of amenities, including shops, restaurants, schools, and medical facilities.
With excellent transport links, you will find frequent buses to Heysham village and Lancaster city centre, as well as proximity to Morecambe train station, making commuting a breeze.
Don’t miss out on this opportunity to transform this house into your dream home! Freehold Council Tax Band - B
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
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FAQ
About 10, North Street, Lancashire
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