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See how verdicts work4-bedroom terraced house · LA2 9AU
For saleReduced £15k (−4.3%) on 28 OctListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This riverside home is part of a unique mill conversion, combining the heritage of a historic building with the comfort of modern living.
Its characterful design, waterside setting and generous proportions create a home that is both welcoming and distinctive, offering a lifestyle perfectly balanced between history and contemporary convenience.
The building has stood proudly since 1797, originally serving the Dolphinholme Worsted Mill, a key player in the textile industry, known for producing fine quality thread and uniforms during the Napoleonic Wars.
In its day, the mill was an innovator, among the first to introduce gas lighting to its workspaces.
The remains of its gasworks still survive as a scheduled monument, a reminder of the pioneering spirit of the era.
Over the decades, the mill buildings were adapted to many uses, from a gentlemen’s club and a dining hall to a badminton court and rifle range, before their careful conversion into riverside homes in the late twentieth century.
Evidence of this layered past remains visible today in the carved date stone on the gable end and in the presence of the neighbouring Grade II listed bridge that spans the River Wyre.
The village of Dolphinholme is as charming as its history.
Sitting on the edge of the Forest of Bowland, designated an Area of Outstanding Natural Beauty, it offers endless opportunities for walking, cycling and exploring the countryside.
The coast is also just a short drive away, making the location versatile for both rural and coastal lifestyles.
The village itself thrives with a close knit community centred around its two churches, a traditional pub and the welcoming village hall.
Families will find excellent schooling nearby, with the local primary rated “Good” by Ofsted, and easy links to Lancaster Grammar Schools, Lancaster University, UCLan and the University of Cumbria.
With Lancaster city centre and the M6 motorway only minutes away, Dolphinholme provides the perfect combination of rural tranquillity and practical connectivity.
EPC Rating: D Porch The home opens with an inviting entrance porch, a practical yet welcoming space, ideal for coats, shoes and umbrellas after a day outdoors.
From here, a glazed internal door draws you into the warmth of the first reception room.
Workshop/Utility Room On the lower level, a large utility and workshop room connects directly to the garden and offers a highly versatile space, perfect for laundry or DIY projects.
Kitchen/Dining/Living Space A spacious and characterful open-plan kitchen, dining and living area, creating a fantastic sociable space at the heart of the home.
The kitchen is fitted with a range of traditional wooden wall and base units complemented by contrasting work surfaces and tiled splashbacks, with a freestanding oven and hob and space for a fridge/freezer.
French doors open directly onto the rear garden, allowing plenty of natural light into the room and providing an excellent connection between the indoor and outdoor spaces.
The adjoining dining and living area offers ample space for both dining and lounge furniture, making it ideal for everyday family life and entertaining.
Useful understairs storage provides additional practicality, while the staircase rises from the room to the first-floor accommodation.
First Floor Landing The first-floor landing provides access to further living accommodation, with a bright, neutral finish and wooden balustrade.
Living Room A beautifully presented separate living room offering a cosy and inviting space to relax.
A large window provides plenty of natural light and a pleasant outlook, while the feature wallpaper adds character to the room.
Fitted shelving and media storage provide an attractive focal point as well as excellent practical storage.
Bedroom One A well-proportioned bedroom offering ample space for a range of freestanding bedroom furniture.
A large window overlooks the surrounding greenery and allows plenty of natural light into the room.
The bedroom also benefits from its own useful storage room and a private en-suite, adding excellent practicality to the principal bedroom.
En-Suite A well-appointed en-suite comprising a shower enclosure, wash hand basin with vanity storage beneath and WC.
The room is finished with tiled walls and benefits from a window providing natural light and ventilation.
Second Floor Landing The staircase continues to the second-floor landing, providing access to the upper-floor accommodation.
The space is neutrally presented and benefits from natural light from the adjoining rooms, creating a bright transition between rooms.
Bedroom Two A generously sized double bedroom offering plenty of space for a range of bedroom furniture.
The room benefits from extensive fitted shelving, providing excellent storage and display space, while a large window brings in plenty of natural light and enjoys a pleasant leafy outlook.
Bedroom Four A bright and well-presented single bedroom, ideal for use as a child’s bedroom, guest room or home office.
A good-sized window provides plenty of natural light and a pleasant outlook, with space for a bed and additional bedroom furniture.
Bathroom A well-presented family bathroom comprising a panelled bath with shower attachment, pedestal wash hand basin and WC.
The room is finished with tiled surrounds and benefits from a frosted window providing natural light and privacy.
A useful built-in storage cupboard positioned behind the door provides additional space for towels and household essentials.
Third Floor Landing The staircase rises to the third-floor landing, providing access to the upper-floor accommodation.
This additional level adds to the versatile layout of the home, with the landing offering space for useful shelving and storage.
Bedroom Three A unique and versatile third bedroom occupying the upper floor and making excellent use of the attic space.
The room is cleverly divided into two distinct areas, creating separate sleeping and additional living, study or dressing space.
Characterful exposed beams and sloping ceilings add charm, while roof windows provide plenty of natural light.
Rear Garden The rear garden is a true haven, designed for enjoying the outdoors and the riverside setting.
A raised deck leads out from the kitchen, creating a perfect spot for alfresco dining or evening drinks while looking down towards the river.
Steps descend to a neatly kept lawn, bordered by established planting, and a sheltered terrace beneath the balcony provides a second, more private seating area.
With the gentle sound of running water as your soundtrack, this is a garden made for relaxation and entertaining alike.
Parking - Garage Adjoining the utility, the integral garage provides secure parking as well as storage space complete with lighting and electric.
Parking - Allocated parking Disclaimer Every effort has been made to ensure the accuracy of these particulars at the time of publication.
However, they do not form part of any offer or contract and should not be relied upon as statements of fact.
All measurements, floor plans, photographs, and descriptions are for illustrative purposes only and may not reflect the current state of the property.
Buyers are advised to carry out their own due diligence and inspections before proceeding with a purchase. Prices, tenure details, and availability are subject to change without notice.
Any services, appliances, or systems mentioned have not been tested, and no warranty is given as to their condition or operation. Please consult with the branch for the most up-to-date information.
The content of this brochure and all associated marketing materials are protected by copyright and may not be reproduced, distributed, or used without prior written permission.
Value & comps
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About Dolphinholme, Lancaster, LA2
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