Detached house · LA12 7NB
Opportunity summary
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About
We are pleased to bring to market this impressive Grade II Listed former gentleman’s residence, ideally located in the heart of the vibrant market town of Ulverston.
Currently classed as a commercial property, it offers outstanding flexibility for a range of future uses.
With planning permission granted for conversion into a spacious family home or up to seven high-quality apartments, the property represents a rare opportunity for developers and investors alike.
Alternatively, its current classification makes it equally suitable for continued use as business premises or office space, particularly for those seeking a distinctive and central base in a thriving community.
We are pleased to bring to market this impressive Grade II Listed former gentleman's residence, ideally located in the heart of the vibrant market town of Ulverston.
Currently classed as a commercial property, it offers outstanding flexibility for a range of future uses.
With planning permission granted for conversion into a spacious family home or up to seven high-quality apartments, the property represents a rare opportunity for developers and investors alike.
Alternatively, its current classification makes it equally suitable for continued use as business premises or office space, particularly for those seeking a distinctive and central base in a thriving community.
Set within a generous plot, the property includes extensive outside space, offering potential for private gardens and off-road parking-an increasingly valuable asset in town-centre locations.
Its superb position places it just walk from Ulverston train station, bus routes, schools, shops, restaurants and a wide range of other local amenities.
Excellent transport links via the A590 provide easy access to Barrow-in-Furness and the Lake District National Park.
This is a unique opportunity to secure a property with enormous character, versatility, and potential, whether for residential development, commercial use, or a blend of both.
Offered with vacant possession and now at a reduced price to encourage a prompt sale, full planning details and architectural drawings are available from jh Homes.
Vestibule 6' 4" x 6' 5" (1.93m x 1.96m) entrance hall Access to two ground floor rooms, two inner halls and main stairs to first floor.
Office 19' 8" x 15' 11" (5.99m x 4.85m) meeting room 19' 2" x 17' 9" (5.84m x 5.41m) inner hall Secondary stairs to first floor, cupboard, door to rear and door to: Office 17' 2" x 15' 9" (5.23m x 4.8m) office 11' 6" x 10' 4" (3.51m x 3.15m) kitchenette 6' 8" x 11' 10" (2.03m x 3.61m) WC 9' 0" x 3' 11" (2.74m x 1.19m) inner hall rear vestibule WC 4' 9" x 4' 11" (1.45m x 1.5m) first floor landing office 13' 5" x 16' 0" (4.09m x 4.88m) office 7' 1" x 11' 6" (2.16m x 3.51m) office 11' 9" x 11' 5" (3.58m x 3.48m) office 14' 8" x 11' 2" (4.47m x 3.4m) WC 10' 6" x 4' 2" (3.2m x 1.27m) inner hall Stairs to second floor and door to: Office 17' 5" x 16' 0" (5.31m x 4.88m) Open doorway to: Office 19' 9" x 12' 0" (6.02m x 3.66m) second floor landing Doors to two further offices and further few steps to three additional offices.
Office 20' 6" x 11' 11" (6.25m x 3.63m) office 13' 7" x 16' 4" (4.14m x 4.98m) office 11' 7" x 11' 8" (3.53m x 3.56m) Open to: Side office 5' 1" x 7' 9" (1.55m x 2.36m) office 23' 4" x 11' 3" (7.11m x 3.43m) office 21' 1" x 11' 2" (6.43m x 3.4m) exterior Ample amount of parking and outside space.
General information tenure: Freehold council tax: Business Rates Currently local authority: Westmorland & Furness Council services: Mains, gas, electric, drainage and water are connected.
Please note: Information in relation to the planning ref 2023/1045/fpa can be found by way of the following link: Under the references 2023/1045/fpa, 2025/0524/fpa
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 Bellevue, Princes Street, Ulverston
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