2-bedroom flat · LA14 2SF
Listing removedListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Calling all property developers/landlords We are bringing to the market this ground floor leasehold flat in a block of 8 on Barrow Island, which is a grade ll listed building, close to local amenities, transport links, popular school and local employer BAE.
The property is in need of updating and modernising, which is reflected in the asking price. The property comprises of lounge, kitchen, bathroom and 2 bedrooms.
The property benefits from wooden double glazed windows, except 1, electric heating, communal entrance hall area, we are waiting on the management fee and copy of the lease.
The property is being sold with vacant possession and is cash buyers only.
SERVICES Electric, Water, Telephone, Drainage LOCATION Schooner Street is located on Barrow Island behind Anchor Road and in the same vicinity of Barque/Steamer/Brigg St, all the same building block of flats FRONTAGE Communal area and door to ENTRANCE HALL Storage cupboard with frosted window, laminate flooring and doors to LOUNGE 13' 6" x 12' 10" (4.12m x 3.93m) Double glazed UPVC window, laminate flooring, wall heater and open to kitchen KITCHEN Double glazed wooden window, fitted kitchen with wall base units with worktops to compliment, inset stainless steel sink with mixer taps, cooker point, part tiled walls and open to utility area UTILITY ROOM Plumbing for washer, double door storage cupboard and door to bathroom BEDROOM 1 11' 8" x 10' 5" (3.58m x 3.19m) Double glazed wooden window, laminate flooring and wall heater BEDROOM 2 10' 9" x 7' 11" (3.28m x 2.43m) Double glazed wooden window, laminate flooring and wall heater BATHROOM Double glazed wooden windows, white 3-piece suite, low level WC, pedestal hand wash basin with taps, panelled enclosed bath with taps, shower over, tiled walls and tiled flooring AGENCY NOTE In order to be able to purchase a property in the UK, all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations.
Ross Estate Agencies outsource this check to a third party and an additional charge to purchasers will apply. Please contact the office for more details.
Anti-Money Laundering checks cost - £25.00 + VAT ** This is non refundable once the AML check has been carried out **
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Schooner Street, Barrow-in-Furness
Explore nearby