2-bedroom terraced house · LA1 5QA
Listing removedListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Location Cavendish Street offers a convenient Lancaster lifestyle, with the city centre and railway station around a ten-minute walk away.
Independent cafés, restaurants, shops and everyday amenities are all within easy reach, making this an excellent location for professionals, first-time buyers and anyone who enjoys having the city on their doorstep.
Lancaster Royal Infirmary, the universities and major road connections are also readily accessible, creating a practical base for work, leisure and travel further afield.
The Property Behind its traditional end-terrace frontage, this two-bedroom home offers high ceilings, generous rooms and original details, together with an exciting opportunity to update the interior and introduce your own style.
The entrance hallway sets the tone with stripped wooden flooring and original coving.
At the front, the lounge is filled with natural light from its bay window, while a cast-iron fireplace and wood-burning stove provide a welcoming focal point for relaxed evenings at home.
The separate dining room has space for everyday meals, entertaining friends or working from home.
Stripped flooring and original built-in cupboards add interest and useful storage, while a door leads down to the cellar.
The kitchen is fitted with a range of cabinets, an oven and gas hob, with scope to refresh or reconfigure the space to suit the next owner.
The cellar has power, lighting and plumbing for a washing machine, together with direct access to the rear yard.
Upstairs are two well-proportioned double bedrooms, both featuring stripped wooden floors.
The bathroom includes a bath with thermostatic shower, wash basin and WC, while a walk-in cupboard on the landing provides valuable additional storage.
Outside, the spacious rear yard offers room for outdoor seating, pots and planters. Gated access and an under-house store add further practicality.
For a buyer with ideas, this is a generously proportioned Lancaster home with plenty of potential in a highly convenient location.
Useful Information Freehold property Lancaster City Council tax band A Gas central heating through an Ideal combination boiler Boiler is less than 12 months old A combination of double-glazed windows and original single-glazed sash windows Wood-burning stove present but not tested Cellar with power, lighting and laundry plumbing; loft insulated but not boarded EPC Rating: D Location Cavendish Street offers a convenient Lancaster lifestyle, with the city centre and railway station around a ten-minute walk away.
Independent cafés, restaurants, shops and everyday amenities are all within easy reach, making this an excellent location for professionals, first-time buyers and anyone who enjoys having the city on their doorstep.
Lancaster Royal Infirmary, the universities and major road connections are also readily accessible, creating a practical base for work, leisure and travel further afield.
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.
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FAQ
About 31 Cavendish Street, Lancaster
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