4-bedroom terraced house · LA1 2HU
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Slyne Road is a well-established residential area on the northern side of Lancaster, conveniently positioned for access into the city centre as well as neighbouring Skerton, Scale Hall and Morecambe.
Everyday amenities are readily accessible, with local shops, schools and regular bus services nearby, while Lancaster city centre offers a wider choice of shops, cafés, restaurants and leisure facilities.
For commuters, the location provides straightforward road connections towards the Bay Gateway and M6, along with easy access towards Morecambe and the surrounding villages.
The property's rear position is particularly appealing, with the garden backing towards established greenery and playing fields, creating a more open outlook than might typically be expected from a traditional city terrace.
Property Information An impressive four-bedroom Victorian mid-terrace offering generous proportions, original character and considerable potential for renovation.
The handsome stone frontage features substantial bay windows to both the ground and first floors, while internally the house retains features including fireplaces, stripped floorboards, decorative plasterwork and traditional joinery.
The ground floor begins with a long entrance hallway leading to two particularly spacious reception rooms.
The front living room is enhanced by its large bay window, high ceiling and decorative detailing, while the second reception provides an excellent dining or family room.
Beyond is a generously sized kitchen with an original range and hearth providing a striking reminder of the property's Victorian origins.
There are also separate utility areas and useful additional storage. Upstairs, the sense of space continues with four bedrooms.
The principal bedroom is an especially impressive room with a large front-facing bay window, exposed floorboards and an original cast-iron fireplace.
There are three further bedrooms, offering flexibility for family life, home working or guest space, together with a three-piece bathroom.
Outside, the rear garden is arranged over different levels with areas of lawn, established planting and pathways.
Mature trees and greenery beyond create a pleasantly leafy backdrop, with the garden backing towards playing fields.
The property now requires a substantial programme of repair, renovation and modernisation.
Areas of damaged plasterwork and ceilings are clearly visible, and buyers should approach the house as a renovation project rather than a property ready for immediate occupation.
For those prepared to undertake the work, its scale, period character and generous layout provide an excellent opportunity to create an impressive family home.
Material Information Tenure: Freehold Property Property Type: Victorian mid-terrace Parking: On-street parking – buyers should confirm any restrictions Outside Space: Tiered rear garden Condition: Significant renovation and modernisation required Key Features Substantial Victorian mid-terrace Four bedrooms Two generous reception rooms Impressive bay windows to the front Original fireplaces and period detailing Large kitchen with original range and hearth Separate utility areas and useful storage Tiered rear garden with a leafy outlook Excellent renovation opportunity EPC Rating: D Location Slyne Road is a well-established residential area on the northern side of Lancaster, conveniently positioned for access into the city centre as well as neighbouring Skerton, Scale Hall and Morecambe.
Everyday amenities are readily accessible, with local shops, schools and regular bus services nearby, while Lancaster city centre offers a wider choice of shops, cafés, restaurants and leisure facilities.
For commuters, the location provides straightforward road connections towards the Bay Gateway and M6, along with easy access towards Morecambe and the surrounding villages.
The property's rear position is particularly appealing, with the garden backing towards established greenery and playing fields, creating a more open outlook than might typically be expected from a traditional city terrace.
Garden The tiered rear garden offers a pleasant mix of lawn, established planting and mature greenery.
Backing towards playing fields, it enjoys a leafy outlook and provides plenty of scope for further landscaping. Parking - On Street
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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About 40 Slyne Road, Lancaster
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