2-bedroom bungalow · LA1 5DA
For saleReduced £20k (−10%) on 24 JulListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Well-presented two bedroom semi-detached true bungalow conveniently located between Morecambe and Lancaster, within easy reach of the 'Bay Gateway' M6 link road, Torrisholme village, Asda and Aldi supermarkets and approximately one and a half miles from Lancaster city centre.
The property is fully uPVC double glazed, gas central heated from a 'combi' boiler and briefly comprises: Front entrance, hallway, lounge with open fireplace, modern fitted breakfast kitchen with integrated oven, hob, washing machine, dishwasher and fridge freezer, two double bedrooms; one with fitted wardrobes and modern three-piece shower room/wc.
Outside the property there is a low maintenance front and side garden with timber garden shed and rear driveway providing off-road parking leading to the detached garage with covered drying area/bin store to the rear.
Overall, this is a 'ready to move into' bungalow in a popular and convenient location and internal viewings are highly recommended. Sold with vacant possession and no upward chain.
Front entrance UPVC double glazed door leading into: Hallway Central heating radiator. Ceiling light. Electric power points. Cupboard housing the electric meter and consumer unit. Loft hatch access.
Lounge 3.43m x 3.46m (11'3'' x 11'4'') uPVC double glazed window to the front elevation. Central heating radiator. Feature open fireplace. Telephone point. Coving. Wall light. Ceiling light.
Electric power points. Breakfast kitchen 3.20m x 3.20m (10'6'' x 10'6'') uPVC double glazed windows to the side and rear elevations. UPVC double glazed back door. Central heating radiator.
Range of fitted furniture comprising base units, wall units and drawers with complementary working surfaces in part to two walls plus a breakfast bar.
Inset one and half bowl stainless steel sink with mixer tap. 'Worcester' gas combination condensing boiler (housed in wall unit).
Built-in 'Lamona' double electric oven and grill, electric hob and stainless steel cooker hood with extractor fan and lights. Integrated dishwasher, washing machine and fridge freezer. Ceiling lights.
Electric power points. Bedroom one 3.99m (into the bay) x 3.31m (13'1'' x 10'10'') uPVC double glazed box bay window to the front elevation. Central heating radiator. Fitted wardrobes. Ceiling light.
Electric power points. Bedroom two 2.70m x 2.65m (8'10'' x 8'8'') uPVC double glazed window to the rear elevation. Central heating radiator. Display cabinet. Ceiling light. Electric power points.
Shower room/WC 1.89m x 1.82m (6'2'' x 6'0'') uPVC double glazed window to the rear elevation. Heated towel rail.
Three piece suite in white comprising aquaboarded shower cubicle with 'Mira' electric shower and fitted wall seat, wash hand basin set into a vanity unit and WC. Mirror fronted bathroom cabinet.
Ceiling light. Outside the property front & side gardens Laid to concrete and paving with stone chipped shrub borders. Natural hedge border and timber courtesy gate. Timber garden shed.
External gas meter. Rear driveway Dropped kerb off Penrhyn Road, through double wrought iron gates onto the tarmacadam driveway providing off-road parking for one vehicle leading to the garage.
Timber courtesy gate. Outside cold water tap. Outside light. Detached garage + covered drying area/bin store Detached garage accessed via double timber doors. Timber side door.
Covered drying area/bin store with power at the rear of the garage. Council Tax Band: B (Lancaster City Council) Tenure: Freehold
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 35 Lymm Avenue, Lancaster
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