8 bed end terrace house for sale

South Road, Lancaster, Lancashire LA1

Time-served investors alert! A renovation project with incredible potential
Seasoned investors, developers and cash buyers – take note!
Offered with incredible potential for those with the vision and resources to unlock its full value, this substantial investment opportunity occupies a prime location and offers a significant scope for refurbishment and improvement.

The property comprises six bedsit flats arranged over three floors, plus an additional one-bedroom basement flat, providing a total of seven separate accommodation units. The main accommodation is served by two communal shower rooms, while the basement flat benefits from its own private bathroom.
The property currently holds HMO status, due for renewal in November 2027, and is offered vacant, allowing the successful purchaser to plan and undertake the necessary works from the outset.
The extent of the refurbishment required is reflected in the instruction to appeal to experienced investors who can fully assess the project, recognise its potential and move forward with a clear strategy. While a substantial programme of works will be required, the opportunity to transform this property into a valuable investment is evident.

Key features include:
- Prime location
- Six bedsit flats over three floors
- Additional one-bedroom basement flat
- Two communal shower rooms
- Private bathroom to the basement flat
- HMO status in place, due for renewal in November 2027
- Offered vacant
- Significant renovation and investment potential

Please note: This is a project for buyers with the necessary financial means, experience and resources to complete the required works in a timely fashion. Early consideration is recommended for those seeking their next substantial refurbishment opportunity.
Unlock the potential. Realise the opportunity.

* Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead *