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See how verdicts work2-bedroom terraced house · LA2 0LL
Listing removedListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting the perfect blend of character features with contemporary finishes and providing an ideal opportunity for a first time buyer, is this impressive two bedroom mid-terraced cottage in the popular village of Galgate.
Ready to move in, the charming property briefly comprises on the ground floor of an entrance hall, an inviting lounge / diner complete with feature fire place and a modern fitted kitchen.
To the first floor are two good sized double bedrooms and a spacious three piece bathroom suite.
Externally, the characterful home provides a pleasant front garden that allows the cottage to sit back from the road, whilst also boasting a shared yard to the rear with outbuilding and a divorced private garden.
The convenient location of the property enables easy access onto the M6 motorway, as well direct access into Lancaster city centre with its wide range of amenities including shops, schools, the highly regarded University of Lancaster, a mainline railway station and the Royal Lancaster Infirmary.
Galgate itself is a thriving village with excellent nursery and primary school provision, doctors surgery, pharmacy, pub and basic shopping facilities.
The cottage also lies within a short distance of Lancaster canal that provides pleasant walks with countryside surroundings.
Entrance Hall (1.06 by 0.85 (3'5" by 2'9")) Lounge Diner (4.8 by 3.23 (maximum measurements) (15'8" by 10'7") Feature fireplace with potential for a working fire, feature exposed ceiling beams, double glazed window to front aspect, double panel radiator, electricity points, a ceiling light point and stairs to the first floor.
Kitchen (3.28 by 3.34 (10'9" by 10'11")) Modern fitted kitchen with a range of base and wall mounted units, four ring ceramic hob, integral fan oven, plumbing for washing machine, integral fridge, sink and drainer unit.
Door leading out to rear yard and garden, double glazed window to rear aspect, double radiator and ceiling spot lighting. Access to large under stairs storage cupboard.
First Floor Bedroom One (3.23 by 2.65 (10'7" by 8'8")) Double bedroom, double glazed window to front aspect, double radiator, electricity points and ceiling light.
Bedroom Two (3.3 by 2.49 (10'9" by 8'2")) Doubled bedroom, double glazed window rear aspect, double radiator, electricity points and ceiling light.
Bathroom (2.1 by 2.41 (6'10" by 7'10")) Three piece suite comprising a panel bath with shower over, low flush WC and pedestal wash hand basin, Velux window, access to large over stairs storage cupboard housing the updated gas central heating boiler, double radiator, ceiling down lighting.
Externally A shared rear yard with a storage out building. Access leading to a raised private lawned garden with plenty of room for potted plants and table and chairs.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 4, Salford Road, Lancaster
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