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 1AY
For saleListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the picturesque area of Waterside, Lancaster, this spacious apartment offers a delightful living experience with stunning views of the River Lune.
Boasting two well-proportioned bedrooms and two modern bathrooms, this property is perfect for individuals or small families seeking comfort and convenience.
The heart of the home is a fitted kitchen that seamlessly flows into a lovely reception room, where natural light floods in, creating a warm and inviting atmosphere.
From the reception room, step out onto a charming balcony, an ideal spot for enjoying morning coffee or unwinding in the evening while taking in the serene views.
An added feature of this apartment is the mezzanine level, which provides versatile space that can be utilised as an additional bedroom or a dedicated office area, catering to your personal needs and lifestyle.
With excellent transport links and a prime location near local amenities, this property ensures that everything you need is within easy reach.
Whether you are commuting to work or enjoying the vibrant local community, this apartment is perfectly positioned to enhance your daily life.
In summary, this apartment in Waterside, Lancaster, combines spacious living with modern conveniences, making it an attractive option for those looking to settle in a charming and accessible area.
*To comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, when an offer is accepted, all legal purchasers will be required to complete an anti-money laundering and ID check.
Our partner, Thirdfort, will carry out the initial checks on our behalf. The individual cost is £75 inclusive of VAT and will be charged before the offer can be officially accepted.
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 Waterside, Lancaster
Explore nearby