We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · LA1 4UX
Listing removedReduced £6k (−3.7%) on 21 JunListed 490 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Percy Road Located in the heart of Lancaster, just off the city centre, this stone-built terrace offers an excellent base with easy access to shops, bus routes, and the train station.
It’s within walking distance of local schools and parks, and the area is popular with first-time buyers, investors, and young families looking for practicality and central convenience.
Royal Lancaster Infirmary is only a stones throw away so its great for anyone working here. The Overview This mid-terrace home offers deceptively spacious accommodation across three levels.
The ground floor includes a comfortable lounge with a modern fireplace, neutral décor, and a deep front window allowing plenty of light.
To the rear, the kitchen is fitted with modern units in a wood effect, space for appliances, and access to the rear courtyard.
On the first floor is a generous double bedroom and a spacious bathroom with three-piece suite and over-bath shower.
The top floor houses a large converted attic room with a skylight, sloped ceilings, and space for a full double bed setup, making it ideal for a main bedroom or a home office.
Outside, the rear yard is paved and enclosed with whitewashed walls and a red gate, providing a pleasant, low-maintenance outdoor space.
Extra Information Three-storey mid-terrace home Sellar for storage New roof has been installed UPVC double glazing Ground floor lounge with fireplace Fitted kitchen with rear access Large bathroom with over-bath shower Enclosed rear yard with gated access On-street parking available Freehold Council Tax Band: A EPC Rating: D Garden The private rear yard is enclosed and can be used for a small table and chair to sit and enjoy.
Parking - Permit
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
FAQ
About 4 Percy Road, Lancaster
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