3-bedroom terraced house · LA1 2BY
Listing removedListed 112 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
To the Ground Floor there is a a great sized lounge that comes part furnished with a sofa across from the large bay window providing a light and airy atmosphere, this room also comes completed with shelving as an added storage bonus.
The Kitchen and open bar to the dining area is to the rear of the property and comes complete with washer, dryer, fridge freezer and an integrated oven with hob.
The diner is equipped with a table and chairs and more storage and overlooks the garden. Upstairs the property offers 3 bedrooms and a three piece bathroom.
The double master bedroom is to the front of the property and comes complete with bed and mattress. This room is complete with a built in wardrobe and storage cupboards.
Bedroom two is another double bedroom to the rear of the property and overlooks the expansive garden. This room is also complete with an open built in wardrobe and storage.
Bedroom three is a single room to the front of the property and comes with a freestanding wardrobe.
The garden is to the rear of the property with a decked area in which to sit out and enjoy the space. The garden also plenty of storage options as it has three sheds running the length of the garden.
Application & Viewing Information If you have seen our virtual viewing video, and are interested in applying for the property please follow the link to the application page (This may only appear on the web version rather than the app).
We will need one application per household. The landlord will make a decision on which applicant they wish to proceed with and their decision will be final.
If your application is accepted, we will then be able to get a physical viewing booked in. Reposit We’ve partnered with a company called Reposit who offer an alternative to paying a cash deposit.
By using Reposit you can save a lot of money upfront as you will only need to pay the Reposit fee of £184.61 instead of a cash deposit which will be £923.00.
The Reposit fee is not refundable at the end of the tenancy. You can use the money you save to spend on something you actually want!
Please note that just like a normal deposit, you are still liable for any valid, end of tenancy charges.
The difference with Reposit is that you keep control of your cash and only pay these if they actually occur at the end of your tenancy, rather than paying at the start.
If you stay beyond a 12 month period, a £30 charge will be payable to reposit once a year to continue the cover. This is optional and a normal deposit scheme is also available.
Reposit is subject to certain referencing criteria and may not be granted following referencing.
Cost Information If your application is successful and, following a viewing, you proceed to the referencing stage, a holding deposit equal to £184.61 will be taken via our referencing platform Goodlord this will then go towards your first month's rent when the tenancy starts.
The holding deposit will be retained by the agent if the tenancy falls through for one of the following reasons: * You decide not to rent the property * You give wrong or misleading information * You cannot pass a 'right to rent' immigration check The standard deposit on this property will be £923.00 JD Gallagher Estate Agents are part of Client Money Protect who provide them with CMP insurance and are part of The Property Ombudsman Scheme.
We may charge a tenant any or all of the following when required: 1. The rent 2. A security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year 3.
Default fee for late payment of rent (after 14 days) 4. Reasonable charges for lost keys or security fobs 5.
Payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant 6.
Payments associated with early termination of the tenancy, when requested by the tenant 7.
Payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.
Connectivity The estimated mobile coverage at this property is: EE: Okay O2: Good Three: Okay Vodaphone: Okay The estimated available broadband speed at this property is: Basic (ADSL): 7mb Fibre to the Street Cabinet (FTTC): 60mb Fibre to the Premises (FTTP): 10000mb The above speeds represent the average speeds and fibre availability in the area and do not necessarily mean that this property is currently connected to all available options.
Your chosen internet provider will be able to advise on the required equipment and what they are able to offer.
Please remember that you will need to seek permission if your provider needs to carry out any changes or drilling at the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Laburnum Road, Lancaster, LA1
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