2-bedroom house · LA1 2AX
Listing removedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3021699.
Two-Bedroom Mid-Terrace House - Mainway, Lancaster £895 pcm + 1 month's deposit Unfurnished Two-bedroom mid-terrace house located in Mainway, Lancaster, recently redecorated and ready to let.
The property benefits from new carpets, freshly painted walls, new flooring, a new front fence, rear security gates and of course off street parking.
The front living room has lovely views over the River Lune, with large windows and new carpets.
There is a spacious kitchen with new flooring, a separate dining area and useful storage throughout the property.
The master bedroom is particularly spacious, having been converted from two bedrooms into one. It features two double windows and two radiators.
There is also a second bedroom at the rear of the property.
Property features Two bedrooms Large living room with River Lune views Spacious kitchen Separate dining area Gas central heating Brand-new carpets and flooring Freshly painted throughout Storage on landing and under the stairs Front garden with new privacy fencing Rear garden with trees and gates Private off-street parking Gas cooker and electric oven Security gates The property is conveniently located for Lancaster City Centre and local amenities, with Sainsbury's, Pizza Hut, Laura Ashley, Farm Foods and the city centre all within approximately 5-10 minutes' walk.
Rent: £895 per month Deposit: 1 month's rent Unfurnished Summary & Exclusions: - Rent Amount: £895.00 per month (£206.54 per week) - Deposit / Bond: £895.00 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 31 August 2026 - Maximum number of tenants is 3 - Students welcome to enquire - Smokers considered - Bills not included - Property has parking - Property has garden access - EPC Rating: D If calling, please quote reference: 3021699 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
About Hills Court Mainway, Lancaster
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