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See how verdicts work3-bedroom house · LA1 4AH
No longer listedReduced £10k (−4.3%) on 5 JulListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Positioned in the heart of Bowerham, Ulster Road is perfectly placed for buyers looking for a well-connected residential area with a strong community feel.
This is one of Lancaster’s most consistently popular locations thanks to its excellent access to local schools, Lancaster Royal Infirmary, Lancaster University and the city centre.
Everyday essentials are all close at hand, with local shops, cafés, takeaways and supermarkets all within easy reach, making day-to-day living straightforward and convenient.
Williamson Park is also nearby, offering open green space, woodland walks and views across the city towards Morecambe Bay.
Bowerham continues to appeal to professionals, families and university staff alike because of the balance it offers between convenience and lifestyle.
Regular bus routes run into the city centre and there is straightforward access towards the M6 for commuters travelling further afield.
The surrounding streets are lined with traditional period homes, giving the area a settled and established feel.
Whether it’s grabbing coffee from a nearby café, walking into the city for an evening out or enjoying the nearby parks and amenities, this is a location that makes everyday life easy.
Property Description Set back behind a small forecourt garden, this bay fronted mid terrace home offers spacious and well-balanced accommodation, alongside features that are rarely available on Ulster Road.
The welcoming hallway leads through to a bright bay fronted lounge at the front of the home, finished in modern grey tones that create a calm and contemporary feel.
To the rear, the separate dining room enjoys a lovely outlook over the garden through a large picture window, making it an ideal space for family meals, entertaining or simply relaxing at the end of the day.
The galley kitchen is fitted with light beige units, wood trim detailing and wood effect work surfaces, providing practical workspace and direct access out to the rear garden.
To the first floor are three bedrooms, including two comfortable doubles and a third single room positioned to the front of the property.
The smaller room works well as a nursery, dressing room or home office, giving flexibility for modern lifestyles.
The shower room has been recently updated and now features a contemporary three-piece suite with a large walk-in shower, vanity wash basin and WC, all finished in clean modern tones.
Externally, the property stands out from many others on the street thanks to its south east facing rear garden and larger than average garage.
The garden combines a paved seating area with a lawn, creating a sunny and low maintenance outdoor space that is easy to enjoy through the warmer months.
To the rear sits the generously sized garage with an up and over door, offering excellent storage, workshop potential or secure parking - a real rarity for this location.
Material Information • Tenure: Freehold • Council tax band: B • Heating: Gas central heating • Windows: Double glazed throughout • Recently updated shower room completed in 2024 • Parking: On street parking and larger than average garage • South east facing rear garden with patio seating area and lawn Key Features • Bay fronted mid terrace home in popular Bowerham • Larger than average garage - a rare feature for the street • South east facing rear garden enjoying good natural light • Spacious bay fronted lounge with modern grey décor • Separate dining room with garden outlook • Three bedrooms including two doubles • Flexible third bedroom ideal as a nursery or home office • Stylish updated shower room fitted in 2024 • Excellent access to Lancaster Royal Infirmary and Lancaster University • Within easy reach of local schools, parks and amenities • Well-maintained throughout with a neutral finish • Practical layout suited to professionals, couples or young families Location Positioned in the heart of Bowerham, Ulster Road is perfectly placed for buyers looking for a well-connected residential area with a strong community feel.
This is one of Lancaster’s most consistently popular locations thanks to its excellent access to local schools, Lancaster Royal Infirmary, Lancaster University and the city centre.
Everyday essentials are all close at hand, with local shops, cafés, takeaways and supermarkets all within easy reach, making day-to-day living straightforward and convenient.
Williamson Park is also nearby, offering open green space, woodland walks and views across the city towards Morecambe Bay.
Bowerham continues to appeal to professionals, families and university staff alike because of the balance it offers between convenience and lifestyle.
Regular bus routes run into the city centre and there is straightforward access towards the M6 for commuters travelling further afield.
The surrounding streets are lined with traditional period homes, giving the area a settled and established feel.
Whether it’s grabbing coffee from a nearby café, walking into the city for an evening out or enjoying the nearby parks and amenities, this is a location that makes everyday life easy.
Garden The south east facing rear garden combines a paved seating area with a lawn, creating a bright and easy-to-maintain outdoor space.
The larger than average garage to the rear is a rare and valuable addition for this part of Bowerham. Parking - On Street
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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About 24 Ulster Road, Lancaster
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