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See how verdicts work1-bedroom property · LA20 6HP
For saleListed 577 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is an extremely rare opportunity to acquire a derelict property in the heart of the Lake District Market Town of Broughton in Furness with the wonderful benefit of full planning permission for development.
Here is an opportunity that should not be overlooked! This property is Tickety Boo! ………………………………………………………………………………………..
Broughton in Furness is a market town in the civil parish of Broughton West in the Westmorland and Furness district of Cumbria, England.
It had a population of 529 at the 2011 Census.[1] It is located on the south western boundary of England's Lake District National Park, and in the Furness region, which was historically part of Lancashire.
History [edit] Broughton in Furness is mentioned in the Domesday Book of 1086 as one of the townships forming the Manor of Hougun held by Tostig Godwinson, Earl of Northumbria.[2] Dating from around the eleventh century, the original settlement grew to become the local market town for both fishing and agriculture.
Wool was particularly important for the town's development. The town was given a charter in 1575.
The Market Square was formally laid out in 1760 by John Gilpin Sawrey, the Lord of the Manor, who lived at Broughton Tower, a large mansion just a short distance from the Square.
Key developments around the Market Square included the Old Town Hall.[3] In the 1990s the A595 road was diverted in an attempt to improve the environment of the town and help it retain its rural feel.[4]
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
Agent & docs
FAQ
About The Old Band Room, Market Strett, Broughton in Furness
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