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See how verdicts work2-bedroom flat · LA12 7LN
Sold STCListed 332 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 x 1-bedroom flats - £275,000 First and Second floor flats available with vacant possession, 999 year lease to be granted to the ground floor.
Prominently located in the centre of town, above the Cumberland Building Society and just a minutes walk away from the cobbled Market Street, shops, pubs, cafes and restaurants, banking hub, post office, Roxy Cinema and The Coronation Hall that hosts shows and events throughout the year.
There is a shared access door to the back of the building leading to the first floor landing where there is access to 26a and 26b.
Both accommodation is spacious and features an open plan living space with fitted kitchen. There is a double bedroom just across the hall with a large bathroom accessed alongside.
There is double glazing and electric night storage heaters. No upper chain.
Location What3Words///fakes.florists.grad Description Situated on the first and second floor, directly above the Cumberland Building Society, the spacious apartments will appeal to many buyers searching for a town centre location.
There is a shared access door to the rear of the building, providing access to 26a on the first floor and 26b on the second floor.
The private entrance door opens into a central hall where there is a shelved cupboard offering valuable storage, access to the bathroom, bedroom and the impressively sized open plan lounge with kitchen.
This dual function space has lots of natural light flooding in through the 3 large windows that overlook New Market Street.
The lounge area offers plenty of floor space to create a dining area alongside the fitted kitchen which has fitted wall and base cabinets, drawers and a large expanse of work surface with an inset sink.
There is space for a freestanding cooker, a fridge and plumbing for a washing machine. The bedrooms are spacious double rooms with the bathroom conveniently located alongside.
The bathroom suite is finished in white with chrome coloured fittings to the bath, hand basin and WC. The room has a rear facing window and a cylinder airing cupboard. Tenure Freehold.
Further details to be confirmed. Services Mains electricity, water and drainage.
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
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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
Agent & docs

FAQ
About New Market Street, Ulverston, LA12 7LN
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