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See how verdicts work3-bedroom bungalow · LA2 9EQ
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a renovation project with outstanding potential.
This detached, single-storey bungalow presents an exceptional opportunity to create a truly bespoke home, set within a generous, elevated plot of 0.52 acres (0.21 hectares).The property is superbly situated in the desirable village of Quernmore, combining the tranquillity of rural living with convenient transport connections.
The City of Lancaster lies three miles west providing rich historic heritage, a wide range of amenities including highly regarded schools and excellent transport links via the M6 and West Coast Main Line The property also lies within the Forest of Bowland National Landscape, offering an abundance of walking, cycling and outdoor pursuits in the locality.
The vendors have obtained positive pre-application advice for a replacement dwelling from Lancaster City Council.
The Council have confirmed the principle of a replacement dwelling is acceptable, subject to an appropriately designed proposal to coincide with the properties sensitive location within a National Landscape.
Importantly, no objection has been raised to the principle of redevelopment.
Requiring complete renovation throughout, this property offers a blank canvas for buyers looking to undertake a rewarding redevelopment project.
Leading down a private access road off Quernmore Brow, the property opens into a spacious plot with far reaching views over Morecambe Bay and the Lake District, and offers a large driveway providing ample parking, with elevated lawned gardens to the front, side and rear.
The existing accommodation provides an excellent starting point over a generous footprint, comprising a spacious entrance hallway, kitchen diner, lounge, sun room, utility room, bathroom and three double bedrooms.
The adjoining garage and loft space provide further potential to extend or expand and create a significantly larger family home.
The property also benefits from two outbuildings and footings of former agricultural buildings tucked away from the main house.
Subject to obtaining the necessary consents, the outbuildings present further possibilities for conversion into a home office, workshop, gym, or guest accommodation.
With generous outside space, outstanding potential, and the chance to add significant value, this property represents an exciting project limited only by your imagination.
AML checks : Buyers who have had an offer accepted in principle, will need to complete an Anti-Money Laundering (AML) and Identity Verification check, this is a legal requirement.
We use a specialist third party to conduct these checks.
Individuals purchasing a property have checks conducted directly by Coadjute and a non-refundable fee of £45.00 plus VAT per purchaser will be payable.
This fee cannot be refunded even if the property purchase does not go ahead.
We will be notified once the checks have been completed, if successful the Memorandum of Sale will then be sent to solicitors.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Quernmore, Lancaster, Lancashire
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