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See how verdicts work2-bedroom flat · LA12 7AY
Sold STCListed 445 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented mixed-use property is ideally located on Market Street in the heart of Ulverston and offers an excellent opportunity to acquire a substantial town-centre living space with the added benefit of potential rental income.
The upper floors comprise a spacious and self-contained two/three bedroom flat, providing comfortable and well-maintained living accommodation with its own private access.
At ground floor level, a retail unit with good frontage occupies a prominent position and offers scope for ongoing or future rental income, subject to use.
Maintained to a high standard throughout, the property presents an attractive option for owner-occupiers seeking central living with an income stream, as well as residential-focused investors.
Welcome to this beautifully presented mixed-use property, perfectly positioned on the bustling Market Street in Ulverston.
The ground floor boasts an attractive double-window shop frontage, ideal for showcasing products and drawing in passing trade.
Inside, you’ll find a bright and inviting retail space finished with stylish wood-effect flooring, ceiling spotlights, and convenient changing rooms.
To the rear, there’s a practical store room, a well-equipped kitchenette, and a WC. A rear entrance also provides access to the residential accommodation above.
From the private entrance, a staircase leads you to a stunning self-contained first-floor flat.
The open-plan kitchen and living area is a real highlight, featuring modern base and wall units, laminate work surfaces, tiled splashbacks, a gas hob, and a double oven.
Natural light floods in through the sash window to the rear, while the living area is elegantly decorated in a modern blue palette, complete with a charming coal-effect stove on a wooden plinth and a front-facing sash window with a delightful window seat.
On the second floor, the property continues to impress with a luxurious four-piece bathroom suite, including a standalone curved bath, a walk-in shower, a stylish vanity unit, and contemporary tiling.
The generously sized main bedroom benefits from front-facing sash windows, creating a bright and welcoming retreat.
The third floor offers additional versatile living space, comprising a second double bedroom and a study or potential third bedroom – perfect for guests, a home office, or a hobby room.
This property offers an exceptional opportunity for investors or owner-occupiers, combining a prime ground-floor retail unit with spacious and thoughtfully designed living accommodation above, all presented to an excellent standard.
Shop Front (Ground Floor) - 8.069 x 4.178 (26'5" x 13'8") - Kitchenette (Ground Floor) - 2.228 x 2.163 (7'3" x 7'1") - Store Room (Ground Floor) - 3.538 x 2.619 (11'7" x 8'7") - Wc (Ground Floor) - 1.700 x 1.221 (5'6" x 4'0") - Rear Entrance (Ground Floor) - 1.387 x 1.028 (4'6" x 3'4") - Landing (First Floor) - 4.150 x 1.556 (13'7" x 5'1") - Kitchen-Living Room (First Floor) - 3.941 x 3.557 (12'11" x 11'8") - Landing (Second Floor) - 3.874 x 1.478 (12'8" x 4'10") - Bedroom One (Second Floor) - 4.621 x 3.943 (15'1" x 12'11") - Bathroom (Second Floor) - 3.479 x 2.750 (11'4" x 9'0") - Landing (Third Floor) - 3.848 x 1.534 (12'7" x 5'0") - Bedroom Two (Third Floor) - 4.413 x 3.308 (14'5" x 10'10") - Study (Third Floor) - 3.126 x 2.747 (10'3" x 9'0") -
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.
Area
Agent & docs
FAQ
About Market Street, Ulverston
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