65 South Road, Lancaster, Lancashire LA1 4XJ

Description

A bay fronted mid terraced house in an excellent residential location well placed for the hospital, canal, city centre and a wide range of excellent amenities including schools, shops, pubs, cafes and restaurants. The accommodation is arranged over three floors and offers well-proportioned living space together with useful basement storage.

Accommodation

Comprises: porch, hallway, dining room, lounge with access to the basement, fitted kitchen. There are two double bedrooms to the first floor and a further double bedroom and three-piece bathroom to the second floor. To the rear, there is a small sitting area and access via a lower ground floor shared lobby to the front of the property.

Location

Excellent residential location well placed for the hospital, canal, city centre and a wide range of amenities including schools, shops, pubs, cafes and restaurants.

Tenure / Property Information

Investment Analysis

The supplied sold evidence for South Road ranges from £102,500 to £485,000. The most recent comparable, 55 South Road, sold for £305,000 on 27 May 2026, but the evidence does not provide floor areas, condition, specifications or bedroom comparisons. The wide range means a reliable GDV cannot be established from the supplied data alone. The £150,000 guide is materially below the most recent comparable, but this may reflect condition or other property-specific factors that have not been supplied.

Investment Snapshot

Strategy Recommendation

Do not commit based on the guide alone. Proceed only after legal-pack review, physical inspection, survey, confirmation of any basement/shared-lobby issues and independent evidence of achievable resale value and rent.

Works Required

No specific defects or required works are described. Obtain a full survey and inspect the three-storey accommodation, basement, kitchen, bathroom, services, roof, windows, heating and EPC-related requirements before bidding. Any works allowance remains unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably because refurbishment costs, achievable rent and a defensible GDV are not supported. At the guide, the stated admin charge is £4,125, with possible additional legal, search, transfer, seller-cost reimbursement and other disbursements noted in the auction evidence.

Buy-to-Let Analysis

The property is vacant and described as a three-bedroom freehold house, but no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent and gross yield therefore cannot be established. The known buyer/admin charge at the £150,000 guide would be £4,125, before any disbursements or other fees.

Flip Analysis

The supplied comparables indicate substantial price variation, from £102,500 to £485,000, and do not establish the subject property's resale value or condition-adjusted GDV. Refurbishment, selling costs and a reliable project surplus cannot therefore be calculated.

Investor Risks & Due Diligence

• Unknown condition and refurbishment requirement.

• Wide variation in supplied sold prices makes GDV uncertain.

• No sufficiently specific rental evidence, so rental income and yield cannot be assessed.

• Basement storage and access via a lower-ground-floor shared lobby require legal and physical due diligence.

• Additional auction disbursements and other charges may apply under the legal pack.

• Current EPC rating E may require future improvement assessment.

Recommendation

Do not commit based on the guide alone. Proceed only after legal-pack review, physical inspection, survey, confirmation of any basement/shared-lobby issues and independent evidence of achievable resale value and rent.

Strategy Rating

Analysis Confidence

The address, tenure, occupancy, accommodation, guide and admin charge are supplied, but there is no condition assessment, floor area, rental evidence, works budget or sufficiently comparable condition-adjusted valuation evidence.