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See how verdicts work2-bedroom flat · LA2 8JF
For saleReduced £5k (−3.4%) on 20 SepListed 381 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and airy first floor apartment in the popular Strands Farm development in Hornby, deep within the heart of the stunning Lune Valley.
Spacious accommodation within walking distance of the village amenities offer style, space and convenience and with good transport links via bus or car to both Lancaster and Kirkby Lonsdale it is extremely well connected.
This charming flat is available with full vacant possession and no upward chain and comes with the added benefit of a strong C energy efficiency rating, reasonable maintenance charges, contemporary finishes and off street parking.
Read on for more information..
The Accommodation The first floor apartment is accessed into the welcoming entrance hallway and the single level accommodation comprises a spacious yet cosy lounge, a contemporary fitted kitchen, a modern bathroom suite and two well proportioned bedrooms.
The decor is tasteful and it offers a good chance for the next owner to move straight in and concentrate on living life.
Let's Look Outside Strands Farm is a small development hosting just 28 properties with communal grounds and visitor parking, This apartment has it's own private parking space. The Location..
Hornby is an idyllic river side village in the ever popular Lune Valley.
The apartment is a short walk of the village amenities which include a great cafe, a convenience store, post office public house and nursery.
Scenic strolls around the rover are available and there are regular bus services to Kirkby Lonsdale Lancaster and with great access to junction 34 of the M6 for the working professional, as well as the Yorkshire Dales and Lake District National Park.
The Situation The property is offered for sale with full vacant possession and no onward chain.
Services The property boasts gas central heating, double glazing, electricity and mains water and drainage.
Tenure The property is Leasehold with a title number of LA960211 and a balance of 999 years from the 1st of April 2004.
The ground rent is £100 per annum with service charges at approximately £1316.40 per annum. Council Tax Band C via Lancaster City Council.
Viewings Strictly by appointment with Houseclub Estate Agents. Energy Performance Certificate Available online with any additional queries to please be directed to our sales office.
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
About 6, Strands Farm Court, Lancaster
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