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See how verdicts work4-bedroom house · L40 4BF
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
KO1148- Canal views, walks along the towpath and a welcoming pub just across the water make Top Locks a lovely place to call home.
Extensively remodelled, this four-bedroom semi-detached character cottage in Lathom, brings together exposed beams, brick and stone fireplaces and the comfort of underfloor heating powered by an air source heat pump.
Its generous living spaces flow from a Shaker-style kitchen and dining area to a canal-facing sitting room and an open plan, light-filled family room, where wide bi-fold doors open onto the terrace and garden.
A ground-floor bedroom and shower room add flexibility, while a £10,000 flooring allowance gives buyers the freedom to personalise the finish.
With approximately 1,905 sq ft including basement storage, parking for two cars and Burscough and Ormskirk nearby, this is a home with character, space and a canalside setting to enjoy every day.
accommodation in brief • Modern kitchen • Dining room • Lounge • Open plan living/family room • Ground floor bedroom • Ground floor shower room • 3 First-floor bedrooms • First-floor shower room outside • Off road parking for 2 cars • Raised decked terrace to rear • Stone terracing to rear • Rear lawn • Basement storage • Fenced and hedged boundaries to the rear • External lighting • Power and water points to rear please note: Some images have been virtually staged to illustrate possible furnishings and floor finishes.
These are illustrative and are not included in the sale. No log burners are currently installed.
Property information Tenure: Freehold with vacant possession Services: Mains water, Electric, Underfloor heating throughout (via air-sourced heat pump), Superfast broadband (estimated), Double glazing.
External lighting. Council Banding: Tbc EPC: Tbc Local Authority: West Lancashire Borough Council, 52 Derby Street‚ Ormskirk‚ Lancashire‚ L39 2DF. Viewing: Strictly by appointment via Karl Ormerod
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
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FAQ
About Top Locks,4, Wheat Lane, Ormskirk
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