3-bedroom terraced house · LA18 5EG
Listing removedReduced £10k (−4.5%) on 22 MayListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented end-terrace home that truly must be viewed to be fully appreciated.
Situated on the outskirts of Millom, the property is conveniently located close to local schools and within walking distance of the town’s amenities.
Palmers Lane offers generous living accommodation, featuring two well-proportioned lounges, one centred around an attractive log burner.
The home also boasts a modern fitted kitchen, three double bedrooms, and a spacious four-piece family bathroom.
Externally, there is a large, private rear garden with summer house, currently being used as a spacious gymnasium that includes fully fitted rubber flooring.
All gym equipment can be included in the sale should any potential buyers wish. As you approach this end-terraced property, you are welcomed by a forecourt area to the front and side.
Entry is via a uPVC front door into the entrance hall. The ground floor offers two reception rooms.
The main living room benefits from two large windows that flood the space with natural light and features original ceiling cornicing, neutral décor, and an electric fire as a focal point.
The second reception room is currently used as a dining room, with the same flooring continuing through, neutral wallpapered walls, and a multi-fuel log burner (recently serviced).
The kitchen is fitted with a good range of cream base and wall units complemented by contrasting work surfaces, grey tiled splashbacks, and tiled flooring.
Appliances include a single sink unit with mixer tap and inset drainer, along with an integrated hob, oven, microwave, and fridge/freezer. Also on the ground floor is a useful rear porch.
To the first floor are two double bedrooms and a family bathroom.
The bathroom is fitted with a white four-piece suite comprising a WC, wash basin, bath, and separate shower cubicle, with black and white wall cladding and tiled flooring.
The second floor features a spacious attic room with a Velux window, central heating, and grey fitted carpet.
To the rear of the property is a good-sized garden with a patio area, lawn, and a pathway running down the side.
At the bottom of the garden is an outbuilding with full plumbing (water and drainage), electrics, and insulation, currently housing the washing machine and used as a gym.
A wooden gate provides access to the rear backstreet.
Entrance Hall - 1.178 x 0.954 (3'10" x 3'1") - Living Room - 4.445 x 3.988 (14'6" x 13'1") - Dining Room - 4.446 x 3.902 (14'7" x 12'9") - Kitchen - 3.426 x 2.384 (11'2" x 7'9") - Rear Porch - 2.924 x 1.295 (9'7" x 4'2") - First Floor Landing - 4.476 x 1.721 (14'8" x 5'7") - Bedroom One - 4.465 x 4.060 (14'7" x 13'3") - Bedroom Two - 3.500 x 3.170 (11'5" x 10'4") - Bathroom - 3.432 x 2.425 (11'3" x 7'11") - Attic Room (Bedroom Three) - 5.854 x 3.360 (19'2" x 11'0") - Outbuilding Utility/Gym - 4.112 x 3.935 (13'5" x 12'10") -
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.
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FAQ
About Palmers Lane, Millom
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