3-bedroom detached house · LA1 5TA
Sold STCListed 49 days
Opportunity summary
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About
Tenure: Leasehold The Location Crake Bank sits within Grosvenor Park, a popular residential area conveniently placed between Lancaster and Morecambe.
Well suited to families and professionals, the neighbourhood offers easy access to local schools, everyday amenities, parks and cycle routes.
Regular bus services connect the area with Lancaster city centre, where buyers will find a wider choice of shops, cafés, restaurants and cultural attractions.
For those travelling further afield, the Bay Gateway provides a straightforward route towards the M6 motorway and surrounding employment areas.
Set within a cul-de-sac, this location offers a welcome sense of separation from passing traffic while keeping the practicalities of work, school and leisure comfortably within reach.
The Property With three bedrooms, generous living space and a beautifully established garden, this link-detached Lancaster home offers an exciting opportunity to create something personal.
The property would benefit from modernisation, yet its proportions, practical layout and no-chain position provide excellent foundations for its next chapter.
An entrance vestibule provides space for coats and outdoor shoes before opening into the hallway.
The lounge is a comfortable room in which to relax, with a stone fireplace and coal-effect gas fire forming a natural focal point.
Double doors open directly onto the rear garden, allowing everyday life to flow outdoors during the warmer months.
The spacious kitchen diner is the social heart of the home, offering ample room for cooking, dining and gathering together.
Fitted storage, a breakfast bar and a walk-in pantry add everyday practicality, while a door gives further access to the garden. Upstairs are three bedrooms.
The main bedroom includes built-in wardrobes, while the second benefits from its own walk-in wardrobe. The third bedroom could work equally well as a child’s room, guest bedroom or home office.
A family bathroom provides both a bath and separate shower enclosure, complemented by a separate WC. Outside, the frontage provides off-road parking for up to three vehicles and access to the garage.
The fully enclosed rear garden is a particular highlight. Thoughtfully planted with trees, shrubs and seasonal colour, it includes a lawn, raised beds, several patio areas and a greenhouse.
It is a garden made for morning coffee, summer meals and relaxed weekends at home.
Material Information Link-detached house with three bedrooms Freehold tenure Council Tax Band D Gas central heating via a Vaillant combination boiler Double glazing Driveway parking for up to three vehicles and an attached garage Offered for sale with no onward chain EPC Rating: C Location Crake Bank sits within Grosvenor Park, a popular residential area conveniently placed between Lancaster and Morecambe.
Well suited to families and professionals, the neighbourhood offers easy access to local schools, everyday amenities, parks and cycle routes.
Regular bus services connect the area with Lancaster city centre, where buyers will find a wider choice of shops, cafés, restaurants and cultural attractions.
For those travelling further afield, the Bay Gateway provides a straightforward route towards the M6 motorway and surrounding employment areas.
Set within a cul-de-sac, this location offers a welcome sense of separation from passing traffic while keeping the practicalities of work, school and leisure comfortably within reach.
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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