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See how verdicts work2-bedroom house · LA1 3QE
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Where is Greenfield Street Greenfield Street is well placed on the edge of Lancaster city centre, offering easy access to many of the city’s most popular amenities.
The Lancaster Canal is close by for pleasant walks, while Williamson Park, with its open green space and Ashton Memorial, is also within easy reach.
Just along the road is The Dukes Playhouse, one of the city’s best-known cultural venues, along with the well-loved Gregson Centre.
The area is also convenient for local schools and offers straightforward access to the M6 for those commuting further afield.
About this Home This is a two-bedroom stone-built mid-terrace home, fully uPVC double-glazed and gas central heated throughout.
Entry is via a small front porch which provides a practical buffer from the street before stepping into the welcoming lounge.
The lounge is finished in neutral décor and offers a comfortable living space with a central heating radiator and good natural light.
A doorway leads through to the dining area, which benefits from additional light thanks to a fully glazed door opening out to the rear garden.
From here there is open access into the galley-style kitchen, creating a sociable and practical dining kitchen arrangement that works well for both everyday living and entertaining.
The kitchen is fitted with shaker-style units and finished with Mediterranean-style tiled splashbacks. To the first floor, the property offers two generous bedrooms.
The main double bedroom spans the front of the house and features original stripped and varnished wooden floorboards. The second double bedroom overlooks the rear garden.
Completing the first floor is a spacious three-piece bathroom suite, fitted in a more traditional style with a cast iron bath and Victorian-style wash basin.
Externally, the property benefits from an enclosed rear garden with a lawned area.
There is also a secure shared alleyway between the neighbouring houses, ideal for bicycle storage without needing to bring bikes through the house.
Key Features Ideal Logic Combi Boiler, located in the kitchen Room for freestanding appliances Neutrally presented throughout Exposed wooden floorboards on the first floor Enclose Back Garden with lawned area Attached outhouse offers great exterior storage Shared galley can also be used for extra storage Located on the edge of the city centre EPC Rating: D Location Greenfield Street is well placed on the edge of Lancaster city centre, offering easy access to many of the city’s most popular amenities.
The Lancaster Canal is close by for pleasant walks, while Williamson Park, with its open green space and Ashton Memorial, is also within easy reach.
Just along the road is The Dukes Playhouse, one of the city’s best-known cultural venues, along with the well-loved Gregson Centre.
The area is also convenient for local schools and offers straightforward access to the M6 for those commuting further afield.
Garden The property boasts a secluded back garden with shared alley access and lawned area. 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.
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FAQ
About 15 Greenfield Street, Lancaster
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