4-bedroom house · WF10 5LD
Listing removedListed 502 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic investment opportunity! Four bedroom detached home (previous planning for 4 flats) with three tenanted one bedroom flats.
Sat on just over 1200m2 plot, this opportunity has a great deal of potential for an investor/developer or even a family looking to upsize and acquire investment properties.
For full information please get in touch.
Ground Floor Entrance Hall Double doors lead you into a period entrance hall with tiled flooring, central heating radiators and access to all ground floor accommodation.
Kitchen/Dining Room A good sized kitchen area with breakfast bar, range master cooker, 1 1/2 sink drainer and a window overlooking the rear garden.
Living Room A great sized room with high ceilings, wooden flooring, log burner and feature bay window.
Sitting Room A large social space with a stunning fire place, wooden floor, radiator and large bay window overlooking the front garden.
Second Kitchen/Laundry Room Previously used as a commercial kitchen, this is now being used as a laundry room Downstairs Shower Room Walk in shower, WC, extractor fan, radiator and wash hand basin.
First Floor Principle Bedroom A large room with panelled walls, two windows and double doors leading into a large en-suite.
En-Suite Shower, bidet, wash hand basin, extractor fan, radiator and window to the front of the property. Bedroom Two A good sized double room with window over looking the rear garden.
Bedroom Three A good sized double room overlooking the rear garden Bedroom Four A double room with a window overlooking the front garden.
Family Bathroom Bath with over head shower, WC and wash hand basin. Attic Space A large open space that could very easily be converted.
Cellar The full footprint of the ground floor, again, this may be converted into additionally accommodation. External Just over 1000m2 plot.
Tenanted Flats At the bottom of the garden, the newly build building contains two 1 bedroom flats that are currently tenanted additionally with the side extension to the property there is a tenanted 1 bedroom flat.
There was planning in place to convert the family home into four flats but this planning has now expired. Plans can be provided upon request.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 74, Lumley Street, Castleford
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