We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LA1 3TF
For saleListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a highly regarded Grade II listed development, this is an opportunity to purchase a beautifully presented first floor apartment of style and quality set within extensive communal grounds in a stunning conservation area.
The location of The Residence is ideal and offers the best of both worlds, set within a prime position within approximately two miles of Lancaster City Centre yet with rolling countryside and Williamson Park on your doorstep.
The historic city of Lancaster has so much to offer people of all ages with a growing cultural and music scene, excellent range of high street and independent shops and a great choice of health care and local amenities.
There is an exceptional choice of primary schooling, the highly rated Boys and Girls Grammar Schools and Ripley St Thomas.
The ready to walk into accommodation comprises: Hallway with inbuilt storage, generously proportioned open plan living area incorporating a lounge diner and extensive fitted kitchen.
A personal door lends access to a private balcony ideal for an early morning coffee or glass of wine in the evening.
There are two bedrooms, with the main bedroom benefitting from fitted wardrobes, plus a lovely three piece shower room. Internal inspection can not come too highly recommended.
Leasehold information: Ground Rent Payable: Yes Annual Ground Rent: £180 Service Charge: £2500 Length of the Lease: 250 years Start Date of the Lease: 01/01/2014 Council Tax Information: Band C 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Kershaw Drive, Lancaster
Explore nearby