Summary - 2 CLAREMONT ROAD MORECAMBE LA4 4HJ
3 bed 2 bath House
Turnkey short‑stay income with scope to add value through conversion.
Strong serviced-accommodation income from ground-floor flat and upper maisonette
Option to purchase furniture and take on existing bookings for immediate yield
Newly renovated interior with modern décor and double glazing throughout
Basement present with scope for conversion to increase rental return
Original sandstone walls likely uninsulated — retrofit may be required
Electric room heaters only — higher running costs and limited heating efficiency
Small rear terrace only outdoor space; plot size and external amenity limited
Located in a very deprived area with very high crime; impacts lettability and values
This mid-terrace Victorian property on Claremont Road is presented as a ready serviced-accommodation investment, currently split into a spacious one-bedroom ground-floor flat and a two-bedroom maisonette above. The building has been sympathetically modernised with contemporary décor, double glazing and optional furnished turnover, delivering a strong ongoing commercial income from holiday and contract guests. A rear enclosed terrace provides outdoor space and there is a basement with scope for conversion to increase returns.
Buyers should note material constraints tied to the location and construction: the wider area is very deprived with a very high crime rate and a transitional Eastern European neighbourhood profile, and the property sits in a constrained rental market. The building’s original sandstone/limestone walls likely lack cavity insulation and heating is by electric room heaters, which may raise running costs and limit tenant attraction in colder months.
For an investor, the opportunity is clear: established income, optional continuity of bookings and contents, plus immediate uplift potential by improving the basement and addressing insulation/heating. For cautious purchasers, factor in local socio-economic challenges, ongoing management for serviced accommodation, and potential refurbishment costs to enhance energy efficiency and guest comfort.
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