3-bedroom house · L40 5TJ
Listing removedListed 126 days
Opportunity summary
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About
"Victoria Estates are now in receipt of an offer for the sum of £247,500 for 23, Mill Lane, Burscough, Ormskirk, Lancashire, L40 5TJ Anyone wishing to place an offer on the property should contact Victoria Estates, 49, Liverpool Road North, Burscough, Ormskirk, Lancashire, L40 0SA before exchange of contacts" Ideally located on the ever-popular Mill Lane, this three-bedroom semi-detached property enjoys a fantastic position within easy reach of local amenities and the village strip.
Requiring a degree of modernisation and tlc, the property offers an excellent opportunity for buyers looking to create a wonderful family home.
Occupying a generous plot and backing directly onto the canal, the accommodation comprises an entrance hall, spacious lounge, kitchen/dining room, bathroom, and three bedrooms.
Externally, the property benefits from a superb rear aspect overlooking the canal, offering plenty of potential for outdoor entertaining and landscaping.
Offered to the market with no onward chain, this is a fantastic opportunity not to be missed and early viewing is highly recommended.
Please note - All services/appliances have not and will not be tested EPC Rating: D Location Use L40 5TJ for satnav Entrance Hall Front door into hallway with door into lounge and stairs to 1st floor.
Lounge (5.78m x 4.28m) Bow window to front and doors into kitchen. Electric fireplace. Kitchen (5.29m x 2.48m) A range of eye and low level units incorporating a stainless steel sink and drainer unit.
Built in gas hob with extractor over and built in electric oven. Partly tiled walls, tiled flooring and door to side driveway. Open plan into dining area.
Dining Room (3.55m x 3.39m) French doors into rear garden and door into bathroom.
Bathroom Four piece suite comprising panelled bath, corner shower unit with electric shower over, pedestal wash hand basin and low level WC. Window to rear.
Landing Doors to 3 bedrooms and loft access. Window to side. Bedroom One (3.96m x 3.19m) Window to front, built in storage and wardrobes. Bedroom Two (3.28m x 2.78m) Window to rear.
Bedroom Three (2.44m x 2.38m) Window to rear. Front Garden Front garden with lawn, planted borders and private driveway front and side.
Rear Garden Good sized rear garden backing onto the canal with great views and huge potential, the garden comprises lawn, patio and sheds to the rear.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 23 Mill Lane, Ormskirk
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