3-bedroom house · LA1 5FX
For saleReduced £10k (−5.9%) on 13 SepListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description 8 Addenbrook Close is situated within the much sought after Highgrove Estate, South Lancaster.
Located just a 5 minute walk from Ripley St Thomas CE High School, Royal Lancaster Infirmary and the picturesque Deep Cutting at Lancaster Canal this could be the perfect place for a young family.
There's a host of amenities close by including Booths Supermarket, bp Petrol Station, The Boot & Shoe Pub/Restaurant and a popular family run Pet Shop.
The property itself is an attractive Semi Detached Home with lush green lawn to the front and Double Driveway to the side.
The interior is just as impressive benefiting to the ground floor a large Living Room, neutral in decor with modern wooden flooring, a contemporary open plan Kitchen Diner (which houses a newly installed Combi Boiler) with French Doors looking out to the landscaped Rear Garden.
There's also a useful WC just off the Entrance Hall. The first floor features 2 Double Bedrooms and a Single, all neatly decorated with neutral coloured carpets.
There's also a Family Bathroom in white. The home is fully Double Glazed and features Gas Central Heating.
Externally to the rear of the property is a beautifully landscaped Garden featuring patio seating area, well kept lawn, attractive raised flower beds and useful Storage Shed.
This home is available on an affordable 75% Property Share Scheme to those who fulfill the criteria. A rent is due monthly on the remaining 25%.
Council Tax Band: C Tenure: Leasehold (125 years) Shared Ownership: 75% being sold, £179.02 per month rental payments Shared Ownership Rent includes Buildings Insurance.
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.
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FAQ
About 8, Addenbrooke Close, Lancaster | Affordable Family Home
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