2-bedroom house · LA1 5DG
Sold STCListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Sylvester Street is situated in the heart of Fairfield, one of Lancaster's most desirable residential neighbourhoods.
The area is particularly popular with professionals, first-time buyers and those looking to enjoy city living with excellent access to green space.
Fairfield Nature Reserve and the open expanse of the Racecourse are just a short stroll away, offering scenic walks and outdoor recreation right on the doorstep.
Lancaster city centre and the railway station are both within comfortable walking distance, providing an excellent selection of independent shops, cafés, restaurants and cultural attractions, together with direct rail links to Manchester, Preston and London.
Resident permit parking operates along the street, while nearby road links provide straightforward access to the Bay Gateway and M6 motorway.
Property Information This attractive stone-built mid-terrace home offers approximately 618 sq. Ft. of well-proportioned accommodation arranged over two floors.
Full of character and offered with no onward chain, it presents an excellent opportunity for first-time buyers, investors or those looking for a conveniently located city home.
The property opens directly into a welcoming living room, where the recently installed wood-burning stove forms an attractive focal point within the original fireplace.
Natural light fills the room through the front-facing window, while the generous proportions comfortably accommodate both seating and occasional dining furniture.
To the rear, the kitchen has been fitted with modern kitchen with white gloss units and contrasting worktops and tiled splashbacks.
There is space for casual dining, along with direct access to the rear courtyard, making it a practical and sociable space for everyday living.
Outside, the west-facing courtyard enjoys the afternoon and evening sun and offers a low-maintenance outdoor seating area.
Two useful brick-built outhouses provide excellent storage, with one housing the gas combination boiler, and there is also an outside tap.
The first floor comprises two genuine double bedrooms, each offering comfortable proportions and plenty of natural light.
Positioned between the bedrooms, the bathroom is fitted with a white three-piece suite incorporating a bath with shower over, wash hand basin and WC.
The property benefits from uPVC double glazing, gas central heating and is ready for a new owner to personalise over time.
Material Information Freehold Gas central heating Gas combination boiler (located in rear outhouse) UPVC double glazing Resident permit parking No onward chain Key Features Stone-built mid-terrace home Two well-proportioned double bedrooms Walking distance to Lancaster city centre Newly installed wood-burning stove Modern fitted kitchen with dining space West-facing rear courtyard Two useful brick-built outhouses UPVC double glazing throughout Gas central heating with combination boiler No onward chain EPC Rating: D Location Sylvester Street is situated in the heart of Fairfield, one of Lancaster's most desirable residential neighbourhoods.
The area is particularly popular with professionals, first-time buyers and those looking to enjoy city living with excellent access to green space.
Fairfield Nature Reserve and the open expanse of the Racecourse are just a short stroll away, offering scenic walks and outdoor recreation right on the doorstep.
Lancaster city centre and the railway station are both within comfortable walking distance, providing an excellent selection of independent shops, cafés, restaurants and cultural attractions, together with direct rail links to Manchester, Preston and London.
Resident permit parking operates along the street, while nearby road links provide straightforward access to the Bay Gateway and M6 motorway.
Yard The west-facing rear courtyard is a low-maintenance outdoor space that enjoys the afternoon and evening sun, making it an ideal spot for outdoor seating or dining.
Enclosed by mature planting and stone walls for added privacy, it also benefits from two useful brick-built outhouses, offering excellent storage, with one housing the gas combination boiler.
Parking - Permit
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 16 Sylvester Street, Lancaster
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