3-bedroom terraced house · LA1 4AH
Sold STCListed 33 days
Opportunity summary
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About
The Location Ulster Road sits in the heart of Bowerham, one of south Lancaster’s best-established residential areas and a location that makes day-to-day life particularly easy.
Local shops, schools and regular bus services are all close at hand, while Lancaster city centre, the University of Cumbria and the Royal Lancaster Infirmary are readily accessible.
Williamson Park provides a welcome stretch of green space nearby for weekend walks, running and time outdoors.
Bowerham has long appealed to families and professionals thanks to its strong community feel and the convenience of having so much within walking distance.
For buyers wanting a traditional Lancaster home without feeling removed from the city, it is an excellent place to put down roots.
The Property If you like the proportions and character of a traditional Lancaster terrace but would rather avoid taking on a long list of immediate jobs, Ulster Road deserves a closer look.
With a new roof completed in March 2025 and a newly fitted kitchen, bathroom, carpets and decoration during 2026, much of the hard work has already been taken care of.
The front door opens into a traditional entrance hall, leading into a bay-fronted lounge which provides a comfortable space to settle down in the evening.
A second reception room sits behind and gives the house the flexibility that family life often demands.
It could work equally well as a dining room, second sitting room, playroom or a generous everyday family space.
To the rear, the kitchen was renovated in 2026 and has a fresh, contemporary finish, creating a practical workspace for cooking and everyday meals.
Useful storage and the ground-floor WC add further practicality. Upstairs are three bedrooms, with the largest positioned to the front of the house.
The remaining rooms lend themselves well to children’s bedrooms, guest accommodation or working from home.
The family bathroom was also replaced in 2026, meaning the two rooms buyers most commonly want to update have already been addressed.
A staircase continues upwards to the boarded loft, providing valuable additional storage and useful flexibility.
Outside, there is a small garden area to the front and an enclosed west-facing garden to the rear.
Its orientation is a real plus for anyone who enjoys sitting outside later in the day, with space for summer evenings, a table and chairs or children to play.
Offered with no onward chain , this is a traditional home that has benefited from significant recent investment and is ready for its next chapter. Material Information Tenure: Freehold.
Construction: Early 20th-century stone-built property with brick/block construction and slate roof. Roof: Roof works completed in March 2025.
Heating: Gas central heating; boiler approximately ten years old and serviced in September 2026. Utilities: Mains water supply; no water meter. On-street parking is available.
Recent Improvements: Kitchen and bathroom renovated in 2026, together with new carpets and redecoration; loft is boarded.
Key Features Three-bedroom period terrace in the heart of Bowerham Two reception rooms offering flexible space for family life Newly fitted kitchen completed in 2026 New family bathroom installed in 2026 Roof renewed in March 2025 West-facing rear garden for afternoon and evening sunshine Boarded loft providing valuable additional storage No onward chain, making the move potentially much simpler EPC Rating: D Location Ulster Road sits in the heart of Bowerham, one of south Lancaster’s best-established residential areas and a location that makes day-to-day life particularly easy.
Local shops, schools and regular bus services are all close at hand, while Lancaster city centre, the University of Cumbria and the Royal Lancaster Infirmary are readily accessible.
Williamson Park provides a welcome stretch of green space nearby for weekend walks, running and time outdoors.
Bowerham has long appealed to families and professionals thanks to its strong community feel and the convenience of having so much within walking distance.
For buyers wanting a traditional Lancaster home without feeling removed from the city, it is an excellent place to put down roots.
Yard To the rear is an paved yard, offering a private and low-maintenance outdoor space.
Walled boundaries and mature greenery provide a degree of screening, while gated rear access adds everyday practicality. Parking - On Street
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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About 15 Ulster Road, Lancaster
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