5-bedroom terraced house · LA1 1TT
Listing removedListed 283 days
Opportunity summary
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About
An excellent sized five bedroom Victorian terraced house set over 3 floors with the added advantage of a huge cellar area with 3 rooms and excellent head space.
A few minutes walk to the railway station and city centre.
The accommodation briefly comprises: lounge, dining room and dining kitchen to the ground floor, 3 bedrooms, and family bath/shower room to the first floor and to the second floor there are a further 2 bedrooms.
The extensive cellar area has excellent head height meaning this space could easily be converted into further living space or a separate annex.
The property has some lovely period features and benefits from gas central heating, double glazing and very spacious accommodation.
Externally there is a good sized rear yard, ideal for sitting outside in the summer. Residents parking to the front.
This property would make a fantastic family home and viewings are advised to truly appreciate the size and potential of the property.
Council Tax Band: C (Lancaster City Council) Tenure: Freehold Main Entrance Door into: Entrance Porch: Space for coats, shoes etc. Glazed door with period stained glass upper window.
Hallway Stairs to upper floor. Central heating radiator. Lounge 4.59m x 3.94m Double glazed bay window to the front aspect. Period features and modern decor.
Central heating radiator. Power points. Dining Room 3.77m x 3.24m Double glazed window to the rear aspect. Fireplace with gas fire. Central heating radiator. Power points.
Dining Kitchen 4.59m x 3.42m A great sized kitchen diner with dual aspect double glazed windows.
Full range of wall and base units with contrasting work surfaces over and inset stainless steel one and a half bowl sink with mixer tap. Tiled splash areas.
New World range cooker with with eight ring gas hob and triple oven below. Space for fridge freezer. Central heating radiator. Power points. Door out to the rear yard.
First Floor Landing 4.07m x 1.83m Stairs to second floor. Bathroom 2.39m x 2.36m Double glazed frosted windows to the side aspect.
Four piece suite comprising: low level WC, pedestal wash hand basin, panelled corner bath and open shower. Tiled to complement. Heated towel rail.
Bedroom 1 5.02m x 3.78m Double glazed window to the front aspect with a secondary glazed second window. Central heating radiator. Power points.
Bedroom 2 3.75m x 3.27m Double glazed window to the rear aspect. Central heating radiator. Power points.
Bedroom 3 3.52m x 2.91m Double glazed window to the rear aspect. Central heating radiator. Power points.
Second Floor Landing 2.78m x 1.64m Double glazed velux window. Bedroom 4 5.0m x 3.48m Double glazed window to the front aspect. Door into eaves gives good storage.
Power points. Bedroom 5 3.45m x 3.19m Double glazed velux window. Central heating radiator. Power points. Basement A large dry basement that is split into three rooms.
Double glazed window to the front aspect. Great adaptable space for storage utility room etc Externally To the rear of the property is an enclosed courtyard.
Ideal for sitting outside and entertaining, pots and plants etc. Access to rear service alleyway to rear. On street parking with resident permits.
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 Blades Street, Lancaster
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