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See how verdicts work4-bedroom terraced house · LA1 5TZ
No longer listedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Africa Drive forms part of the established Riverside View development, positioned just off St George’s Quay on the western side of Lancaster city centre.
Built by Barratt Homes approximately ten years ago, the development is well placed for those wanting a modern residential setting while remaining within easy reach of the city.
The River Lune is close by, providing riverside walking and cycling routes towards Lancaster city centre and beyond.
Lancaster railway station is approximately a 12-minute walk away, making the property particularly convenient for commuters, while the city centre provides a wide choice of shops, cafés, restaurants and leisure facilities.
Everyday shopping is also straightforward, with Sainsbury’s nearby.
Road connections provide access towards Morecambe, the Bay Gateway and M6, while Lancaster’s main employment and education centres, including the Royal Lancaster Infirmary and universities, are readily accessible.
Property Information This modern four-bedroom townhouse provides approximately 1,018 sq ft of accommodation arranged across three floors, with a flexible layout that can adapt well to changing household requirements.
The ground floor opens into a hallway with built-in storage and a cloakroom/WC. To the front is a useful fourth bedroom, currently arranged as a home office.
The main living space occupies the rear of the house, combining the kitchen, dining and living areas within one generous open-plan room.
The kitchen is fitted with contemporary gloss units, wood-effect work surfaces and integrated cooking appliances, with a breakfast bar providing a natural separation from the dining and seating areas.
French doors open directly onto the rear garden. On the first floor, the principal bedroom is a generous double room with an en-suite shower room.
Also on this level is a separate lounge, providing a comfortable reception room away from the main ground-floor living area.
The flexible design means this room could potentially be used differently depending on a buyer's requirements.
The second floor provides two further bedrooms, both good-sized rooms extending across the width of the property.
One is currently used for a substantial model railway layout, demonstrating the usable proportions of the room. A separate three-piece bathroom completes the upper floor.
Outside, there is a small front garden with a pathway leading to the entrance.
The enclosed rear garden is predominantly laid to lawn, with a paved seating area immediately outside the French doors and timber fencing providing defined boundaries.
An allocated parking space is located within the nearby residents' parking area.
Material Information Tenure: Freehold Management Company: rmg Estate Charge/Ground Rent: £147.51 payable twice yearly – buyer's solicitor to confirm the precise nature of this charge Bedrooms: Four, including the ground-floor room currently used as an office Key Features Modern four-bedroom townhouse Approximately 1,018 sq ft of accommodation Flexible accommodation arranged over three floors Spacious open-plan kitchen, dining and living area French doors opening directly onto the rear garden Separate first-floor lounge Principal double bedroom with en-suite shower room Ground-floor fourth bedroom currently used as a home office Two further bedrooms on the top floor Family bathroom plus ground-floor WC Enclosed lawned rear garden with paved seating area Allocated parking space Gas central heating and uPVC double glazing Fibre broadband directly to the property Freehold property Riverside View development close to the River Lune Convenient access to Lancaster city centre Approximately 12 minutes' walk from Lancaster railway station Nearby everyday shopping facilities Good access towards Morecambe, Bay Gateway and the M6 Location Africa Drive forms part of the established Riverside View development, positioned just off St George’s Quay on the western side of Lancaster city centre.
Built by Barratt Homes approximately ten years ago, the development is well placed for those wanting a modern residential setting while remaining within easy reach of the city.
The River Lune is close by, providing riverside walking and cycling routes towards Lancaster city centre and beyond.
Lancaster railway station is approximately a 12-minute walk away, making the property particularly convenient for commuters, while the city centre provides a wide choice of shops, cafés, restaurants and leisure facilities.
Everyday shopping is also straightforward, with Sainsbury’s nearby.
Road connections provide access towards Morecambe, the Bay Gateway and M6, while Lancaster’s main employment and education centres, including the Royal Lancaster Infirmary and universities, are readily accessible.
Garden To the rear is an enclosed garden, predominantly laid to lawn with timber fencing to the boundaries.
A paved patio sits directly outside the French doors, providing space for outdoor seating and dining, with the garden offering a practical, low-maintenance outdoor area. Parking - Off Street
Value & comps
No previous sales on record.
Returns
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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.
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