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See how verdicts work2-bedroom flat · LA2 9HY
For saleListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on the fourth floor of the highly sought-after Grade II listed Low Mill development, this generously proportioned and individual apartment offers a rare opportunity to enjoy character living in an exceptional rural setting.
The building benefits from lift access, a designated private parking space, and additional visitor parking.
Bordering open countryside and the River Lune, residents have the privilege of approximately seven acres of beautifully maintained communal grounds—an idyllic environment for peaceful walks and outdoor relaxation.
Despite the tranquil surroundings, the apartment is only a short stroll from the heart of Caton village, with its post office, village shop, doctors’ surgery, pharmacy, café and pubs.
The M6 and the historic city of Lancaster are also within easy reach, providing excellent transport links and a wide range of amenities.
The accommodation includes a welcoming hallway, a generous split-level lounge and dining area, a fitted kitchen, cloakroom, shower room and two double bedrooms.
The master bedroom features a three-piece en-suite bathroom. Ample under-eaves storage is accessible from the lounge and both bedrooms.
Low Mill is a unique and highly regarded development in the picturesque Lune Valley, perfectly positioned for riverside walks and countryside living. Early viewing is strongly recommended.
Leasehold information: Service Charge: £3009.00 Length of the Lease: 999 years Start Date of the Lease: 01/01/1992 Council Tax Information: Band D Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations.
Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
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
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FAQ
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