6 bed HMO Property – St Margaret’s Road – Morecambe

6 Bedroom | 6 Bathroom | Design & Build Investment Opportunity

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Morecambe HMO Investment Morecambe HMO Investment Morecambe HMO Investment Morecambe HMO Investment Morecambe HMO Investment

Financial Breakdown

  • Purchase Price: £135,000.00
  • Deposit: Ask for details (includes 6 months interest for bridging loan)
  • Conversion/Build: Ask for details (subject to further onsite visits)
  • Set up & Design Fees: Ask for details
  • Stamp Duty: Ask for details
  • Legals Estimate: £1,400.00
  • Survey: £650.00
  • Furniture & Flooring Packs: Ask for details(optional)
  • Total Project Cost: Ask for details (includes 6 months interest for bridging loan)
  • Total Cash Outlay: Ask for details (includes 6 months interest for bridging loan)
  • Projected Rental Income: £35,870/year (£115 PPPW x 6 net of bills)
  • Management Fees (10% incl. VAT): £5,241.60
  • Net Income After Management: £30,628.40/year
  • Post-Refinance Cash Left: Ask for details
  • ROI After Refinance: 37.38%
  • Refinance & Cash-Out: Ask for details

Why Invest in Morecambe?

  • Great value for money and excellent potential growth in a coastal town.
  • Close commuting links with Lancaster and easy access to local amenities; town centre a few minutes away.
  • Demand from relocating professionals and contractors, including BAE Systems contractors.
  • Shortfall of shared accommodation for contractors and professionals — strong rental demand.
  • Regional projects and defence programmes (e.g., Dreadnought programme) supporting long-term employment.
  • Potential for increased demand from projects such as The Eden Project and regional renewables.

Planned Features

  • An Inspire landlord thermostatic system will be fitted to control central heating, potentially saving up to £1,000/year.
  • The property will be refurbished to the highest standard and will include a full furniture pack (washing machine, vacuum cleaner, microwave).
  • All rooms will be rented at market rates (£115 PPPW ensuite per person per week).
  • The property will be fully regulated and compliant with local council requirements upon completion.
  • Every room will be fitted with interlinked smoke alarms, emergency lighting, fire panels, and heat sensors.

Property Location

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* VAT and terms apply where applicable.

Disclaimer: All figures are estimates and subject to market conditions, lender criteria, and planning outcomes. Capital at risk. Past performance is not a guarantee of future results. Always seek independent financial advice before investing. We also refer you to our terms and conditions which supersede any previous versions.