3-bedroom terraced house · LA1 1YX
For saleListed 82 days
Opportunity summary
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About
A Grade II listed, three bedroom, stone-built terrace occupying a central Lancaster location, with direct views of the historic Lancaster Castle and in close proximity to all city centre amenities.
The property retains a number of traditional features, including cast-iron radiators, ceiling coving and a cast-iron fireplace, while offering three bedrooms, a spacious first-floor bathroom and an en suite shower room.
The accommodation begins with a welcoming lounge opening into a fitted kitchen, with stairs rising through the property.
A generous bedroom and bathroom occupy the first floor, while the second floor provides two further bedrooms, including a larger front bedroom with its own en suite.
If you are looking to buy a stunning & characterful, terrace house overlooking Lancaster Castle then this could be the one for you. NO ONWARD CHAIN.
Council Tax Band: D (Lancaster City Council) Tenure: Freehold Main Entrance Door into: Lounge 3.85m x 3.35m The front entrance door opens directly into the lounge, where a double-glazed window with fitted blind looks onto St Mary’s Parade.
A cast-iron fireplace creates a traditional focal point, complemented by a cast-iron radiator, laminate flooring and ceiling coving. Doorway leading through to the kitchen.
Kitchen 3.85m x 2.94m Fitted with a range of wall and base units with complementary work surfaces and tiled splashbacks.
A one-and-a-half bowl stainless-steel sink and drainer sits beneath the rear-facing double-glazed window, while appliances include an integrated gas hob, electric oven and brushed stainless-steel extractor hood.
There is plumbing for a washing machine, a cast-iron radiator and a rear external door. Stairs with a spindled balustrade rise to the first floor.
FIRST FLOOR: Landing Double-glazed window to the rear set within a stone surround, cast-iron radiator and stairs continuing between the ground and second floors.
Doors provide access to the bedroom and bathroom.
Bedroom 1 3.85m x 2.73m A well-proportioned double bedroom with a double-glazed window overlooking the front, radiator and ceiling coving.
Bathroom 2.02m x 3.56m A spacious bathroom featuring a freestanding claw-foot bath, low-flush WC and pedestal wash hand basin.
Further details include a rear-facing double-glazed window, cast-iron radiator, tiled flooring and ceiling coving.
SECOND FLOOR: Landing Providing access to both second-floor bedrooms and the en suite shower room.
Master bedroom 3.85m x 3.0m A generous double bedroom with a double-glazed window overlooking the front, radiator and ceiling coving. Door leading into the en suite shower room.
En Suite Shower Room 2.05m x 1.25m Fitted with a shower cubicle and thermostatic shower, low-flush WC and pedestal wash hand basin.
Finished with a heated towel radiator and tiled flooring.
Bedroom 3 2.05m x 1.89m A useful third bedroom, home office or dressing room with a rear-facing double-glazed window and radiator.
Externally The property forms part of an attractive row of traditional stone-built homes along a characterful cobbled street.
The front elevation features stone window and door surrounds, multi-pane sash-style windows and a panelled entrance door.
A rear external door is accessed from the kitchen to a small low maintenance courtyard.
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
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FAQ
About St Marys Parade, Lancaster
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