3-bedroom bungalow · LA2 6DP
Sold STCReduced £30k (−8.8%) on 22 MayListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OFFERS INVITED! Chain free, perfect property for spacious, flexible living. Bedrooms on both ground floor and first floor. En suite and views!
There is a fabulous panoramic view which stretches all the way to the hills of the Lake District from the superb loft extension in this 1930’s style detached dormer bungalow.
The master bedroom on the first floor is spacious and light and has a contemporary en suite shower room to boot.
The property has undergone extensive renovation including a full re wire and re plumbing including a new boiler during current ownership.
Every room has been re plastered and a further ground floor side extension has created a beautiful kitchen diner with top of the range integrated appliances and sleek high gloss units.
This lovely room forms the heart of the home although the separate lounge is also a great space in which to relax.
There are two further bedrooms on the ground floor as well as the main shower room which was also completely renewed as part of the renovations.
Externally the outside space is private and secluded- the front garden is well established with two fruit trees.
The garden areas are low maintenance and wrap around the property with the off road parking to the rear accessed by double gates.
There is also a summerhouse here which is great for storage or as a hobby space Located on the road which runs through the highly popular and sought after village of Hest Bank, within an easy stroll of the canal, local pubs and the seafront with the added advantage of a regular bus service to Morecambe and Lancaster it is ideally suited to families, downsizers, or even as a second home.
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
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FAQ
About The Crescent, Hest Bank, Lancaster, LA2
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