3-bedroom terraced house · LA1 3EA
Sold STCReduced £25k (−10.4%) on 22 MayListed 441 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom bay fronted Victorian terrace with a fully tanked Cellar room, located just a short walk from the City Centre with all the amenities it has to offer and directly opposite the esteemed Boys’ Grammar School, this well-presented mid-terrace property is an ideal home for a family, or an excellent investment opportunity as well.
The ground floor comprises an entrance hallway, a generously Lounge at the front of the house (currently used as a 4th Bedroom), a comfortable Dining room (currently used as communal Lounge), and a good size, modern fitted kitchen to the rear.
From the kitchen, there are steps leading to a fully tanked cellar, currently set up as a games room – however this would also make a great, private, work from home space.
On the first floor, you’ll find a large family bathroom and two further double bedrooms.
There is another set of stairs from the landing, leading to another double bedroom on the top floor which has an en-suite shower room and fantastic views over the City.
Making this property perfect for family or buy to let investment. The property is neautrally decorated throughout, in very good condition, also benefitting from gas central heating and double glazing.
Externally, there is a rear yard with an outhouse providing useful storage space. A fenced in terrace frontage and on-street parking is available to the front.
This property is tenanted until July 2026 and currently boasts an income of £25,920 a year.
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
Agent & docs
FAQ
About Wyresdale Road, Lancaster, Lancashire, LA1
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