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See how verdicts work4-bedroom detached house · LA1 3JY
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a compact smallholding with extensive development opportunities in a prime location!
With the added advantage of being sat within 26.20 Acres [14.97 Hectares] of grassland and amenity land adding to its desirability.
In a superb private rural setting with open rural views over the Lancaster countryside, yet highly accessible situated just 0.5 miles from junction 34 of the M6 motorway network.
A great property offering extensive opportunities to farming, amenity, equestrian, developers and lifestyle buyers!
Moorside Farm is in a superb private rural setting with open rural views over the Lancaster countryside, yet highly accessible situated just 0.5 miles from junction 34 of the M6 motorway network.
Lancaster city centre is just over 2 miles with its extensive range of amenities and services.
The property is excellently located accessed off the partially improved Moor Lane off Quernmore Road which extends to just over 1 mile which makes this a private, rural property but within easy access links.
Alternative access can be gained via Grimeshaw Lane to the north of the property.l A rare opportunity to acquire a compact smallholding with extensive development opportunities in a prime location with the added advantage of being sat within 37.00 Acres of grassland and amenity land adding to its desirability.
Moorside Farm has the added advantage of planning consent for the demolition of the existing farmhouse and the erection of a replacement dwelling with annexed accommodation and garage.
A previous application was granted for the change of use of a traditional stone building to a large four bedroomed detached barn conversion.
A further range of traditional buildings which have obvious alternate use potential. A range of more modern style portal frame buildings which can be adapted and configured.
The land is situated in a ring fence surrounding the property which in total extends to 37 Acres [14.97 Hectares].
In summary, a great property offering extensive opportunities to farming, amenity, equestrian, developers and lifestyle buyers!
The farmhouse requires a complete programme of modernisation and refurbishment or the purchasers can exercise the valid live planning consent for the demolition of the existing farmhouse and the creation of an annex and garage which was granted 12th December 2023.
The proposed plans create for a large 3 storey farmhouse with kitchen, family room, lounge, utility, entrance hallway, cloakroom.
To the first floor master bedroom with en-suite, two further bedrooms and family bathroom and to the third floor/attic floor large open plan games room.
The annexed accommodation includes kitchen, living area, bedroom, bathroom. The first floor further bedroom suite and attached double garage.
Currently the farmhouse comprises of kitchen, 3 reception rooms, to the first floor 4 bedrooms and family bathroom.
Outside of the property is an attractive open south-westerly garden overlooking the farmland with views towards Morecambe Bay.
Surrounding the farmhouse the farm buildings comprise of a range of traditional and modern farm buildings, well laid out but the traditional stone buildings have obvious alternate use development potential.
The barn to the south of the yard achieved outline planning consent for the conversion to a large bespoke 4 bedroomed dwelling as at 12th November 2020 however the planning consent has now lapsed but the principal development was approved.
There is a further range of traditional farm buildings and more portal frame buildings which can be altered and adapted.
The land is one of the main highlights of Moorside Farm, extending in total to 37 Acres [14.97 Hectares] set within a ring fence surrounding the property.
The land can be accessed from the stoned private in part farm driveway.
The land is currently classed as grade 3 under the DEFRA Agricultural Land Classification Act for England and Wales, relatively level by nature and offers tremendous amenity and agricultural opportunities.
Disclosure Please note there is a proposed construction of a solar farm with associated access infrastructure to include substation, inverter station and control room, perimeter fencing and associated works all contained within application 22/00017/FUL.
Full information is available on the planning authority website. Purchasers should familiarise themselves with the location of the solar farm prior to viewing.
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 Grimeshaw Lane, Bulk, Lancaster, Lancashire
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