1-bedroom flat · LA1 5AW
For saleReduced £2k (−2%) on 16 OctListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious One Bedroom Second Floor Apartment with Allocated Undercroft Parking.
No Chain Situated south of the City, just off Bridge Road, this well-presented one-bedroom second floor apartment enjoys a highly convenient location within walking distance of the Royal Lancaster Infirmary and Ripley St Thomas CE Academy.
The property also benefits from excellent transport links, with the A6 and its frequent bus services to Lancaster City Centre and Lancaster University just a short stroll away.
Accessed via a communal staircase, the apartment opens into a welcoming central hallway, providing access to all rooms and creating a practical layout throughout.
The bright and airy lounge/diner is a standout feature, boasting a large picture window with a sunny aspect.
Enjoying a pleasant leafy outlook with mature trees opposite, the room benefits from excellent natural light whilst maintaining a good degree of privacy.
Located next to the living area, the separate fitted kitchen offers a range of wall and base units, ample worktop space, and an integrated electric oven and hob, making it both functional and well-equipped for everyday living.
The double bedroom is generously proportioned, providing plenty of space for a wardrobe and additional furniture.
Like the lounge, it enjoys a leafy outlook, creating a peaceful and relaxing atmosphere.
Completing the accommodation is an immaculate three-piece bathroom, fitted with a white suite and complemented by partially tiled walls.
In addition, a useful storage cupboard located off the hallway houses the hot water tank while providing valuable extra storage space.
Externally, the property benefits from an allocated parking space within the building's undercroft, offering convenient sheltered parking throughout the year.
Offered to the market with no onward chain, this ready-to-move-into apartment would make an ideal first-time purchase, investment opportunity, or convenient home for those working at the nearby hospital.
Early viewing is highly recommended. Contact our office today to arrange your appointment.
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 38, Ashwood Court, Lancaster
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