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See how verdicts work2-bedroom flat · LA2 6JN
For saleReduced £10k (−10%) on 7 OctListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful first floor apartment for the over 55s, situated in the lovely Arden Close in Slyne with Hest to the north of Lancaster.
Originally built as the show home for this incredible site, this detached apartment offers spacious and well proportioned living spaces, situated within a popular, quiet development.
With new windows and doors within the last 5 years and a modern Kitchen and Shower Room, this is certain to be a popular choice for those looking to downsize to an easier way of life.
Offered for sale with no upward chain.
The Accommodation Situated on the first floor in this charming development and with its own front door, the accommodation is intelligently designed and ready to move into.
With two well proportioned Bedrooms, a fitted Shower room, a spacious yet cosy Living Room and a modern fitted Kitchen it has more than enough accommodation for a retiree to thrive in, whilst remaining relatively easy to maintain.
The Kitchen, is fitted with a Howdens shaker style Kitchen, and boasts wall and base units with complementary worktops over and integrated appliances which include an electric oven with a gas hob and overhead extractor.
The finish is complemented with laminate up stands, ceiling spot lighting and a wealth of electricity points. The property also comes with handy loft storage.
Well maintained communal gardens, gorgeous views bringing natural light throughout the day and private parking just by the front door.
The Location The attractive property benefits from being within a short distance of a wide range of amenities and sits in an ideal position for access to the nearby city of Lancaster and the delightful Morecambe Bay.
A multitude of high street shops, restaurants, bars and supermarkets are all within easy reach, as well as the Royal Infirmary and a handy West Coast mainline railway station.
For commuters, junction 34 of the M6 lies just five minutes away and the property doubtlessly acts as a good base for the Lake District National Park, the Forest of Bowland and the western Yorkshire Dales for those who enjoy scenic walks as retirement approaches.
The Situation The property is offered for sale with no onward chain. Full vacant possession is available. Services The property is serviced with gas, electricity, mains water and drainage.
Tenure The property is leasehold with title number LAN103441, held on a balance of 125 years with 85 years remaining.
The ground rent is one peppercorn (nil) and the service charges are £1439.85 per annum. Council Tax Band B via Lancaster City Council. Viewings Strictly by appointment with Houseclub Estate Agency.
Energy Performance Certificate Will be available online - contact our office if further details are required.
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 19, Arden Close, Lancaster
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