2-bedroom house · LA1 3DH
Sold STCListed 155 days
Opportunity summary
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About
Gregson Road, Lancaster Location Gregson Road sits in south Lancaster, a well-liked area for first-time buyers, young professionals and anyone who wants easy access into the city without losing that neighbourhood feel.
From here, Lancaster city centre is within comfortable walking distance for cafés, shops, restaurants and nights out, while Williamson Park is close by for weekend walks, fresh air and time outdoors.
The area also works well for those connected to the University of Cumbria, Lancaster University or the Royal Lancaster Infirmary, with regular transport links and main road connections nearby.
Period terraces remain popular here, especially homes with two reception rooms and an upstairs bathroom, giving buyers more flexibility than many properties at this price point.
The Property Set behind a traditional stone frontage, this Victorian terrace offers a great opportunity for buyers wanting space, character and day-to-day convenience in one of Lancaster’s most accessible residential areas.
It has a layout that works particularly well, with two separate reception rooms on the ground floor, two genuine double bedrooms upstairs and a first-floor bathroom.
The front living room provides a comfortable place to unwind, with natural light from the front window and enough space for relaxed seating.
The room has an easy everyday feel, ideal for quiet evenings, box sets or catching up with friends. Beyond this, the dining room is a real advantage.
It creates a second living space that could work just as well for shared meals, working from home, reading or simply having that extra room to spread out.
The staircase rises from here, adding to the traditional flow of the house, while the space around it offers useful flexibility for furniture or storage.
To the rear, the fitted u-shaped kitchen is practical and well arranged, with light cabinetry, dark worktops, an integrated oven and hob, space for appliances and a window looking out towards the courtyard.
It is a compact but functional cooking space, well suited to everyday use.
Upstairs, the main bedroom sits across the front of the home and feels like a proper double, with good proportions and a bright outlook.
The second bedroom is also a genuine double, giving the property more flexibility than many starter homes.
It could work well as a guest bedroom, housemate’s room or a work-from-home space, depending on how the next owner wants to live.
The bathroom is positioned on the first floor, a layout many buyers actively prefer, and includes a white three-piece suite with shower over the bath.
Outside, the enclosed rear courtyard gives the home a private outdoor space with room for seating, pots and planters.
With its stone walling, raised steps and gated access, it has a pleasing tucked-away feel and offers a useful spot for a morning coffee, summer drinks or some fresh air at the end of the day.
With its space, good layout, stone-built character and convenient south Lancaster location, this is a strong option for those wanting a period home with plenty of potential.
Material Information Freehold property Council Tax Band A Fully UPVC double glazed Gas central heating throughout Modern combination boiler installed in 2019 and serviced in 2025 Fibre to premises installed.
Location Gregson Road sits in south Lancaster, a well-liked area for first-time buyers, young professionals and anyone who wants easy access into the city without losing that neighbourhood feel.
From here, Lancaster city centre is within comfortable walking distance for cafés, shops, restaurants and nights out, while Williamson Park is close by for weekend walks, fresh air and time outdoors.
The area also works well for those connected to the University of Cumbria, Lancaster University or the Royal Lancaster Infirmary, with regular transport links and main road connections nearby.
Period terraces remain popular here, especially homes with two reception rooms and an upstairs bathroom, giving buyers more flexibility than many properties at this price point.
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.
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About 29 Gregson Road, Lancaster
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