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See how verdicts work1-bedroom flat · LA2 0PR
For saleReduced £5k (−5.6%) on 21 JunListed 456 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guildhall Sales and Lettings are delighted to introduce this excellent opportunity to purchase a one bedroomed studio apartment within the refurbished Silk Mill in Galgate to the market.
Situated within the well sought after area of Galgate, within close proximity to Lancaster university, commuter routes and local amenities, this property is well suited for investors and internally comprises briefly: Entrance through to the open plan living / kitchen / bedroom space with a door to storage and the three piece shower room.
This property offers communal spaces including a games room, gym, bike store and a laundry room. Viewings are essential, for further information, please call the team on .
Open Plan Living Kitchen Bedroom (4.65 x 3.49 (15'3" x 11'5")) Shower Room (2.4 x 1.29 (7'10" x 4'2"))
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
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FAQ
About Unit 57, Chapel Lane, Lancaster
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