2-bedroom flat · LA1 1BB
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two bedroom, two bathroom apartment situated in the prestigious "Bridge Square Apartments" situated on the edge of the historic city of Lancaster with easy access to all the amenities the historic city has to offer, including, universities, hospital and transport links.
The apartment entrance opens into the hallway, which gives access to all of the rooms. The door entry telephone system is located in the hall and all of the doors have contemporary chrome handles.
There is a large internal utility room off the hallway, which houses a washer/dryer and will be useful for general storage.
The property has been redecorated throughout in neutral tones and has a large open plan living room and kitchen, there are twin Sky+ sockets, TV and radio aerial points.
There are also plenty of double sockets, all finished in brushed stainless steel. The kitchen area includes a stainless steel oven and extractor.
There is also a flush fitting ceramic electric hob and plumbing is installed for a dishwasher. The master bedroom has a telephone and aerial point, along with bedside and other plug sockets.
The en-suite bathroom has a white three piece suite with a walk in shower. The second bedroom also has a telephone and aerial point.
The ample main bathroom has a three piece white suite and the bath benefits from a detachable shower head. The double glazed windows in the apartment are fitted with sound reducing glass.
The property is heated with modern slimline electric panel heaters. Hot water is provided by a large heavily pre-insulated electric storage tank.
Entry to the lobbies and undercroft parking spaces are controlled by a key ring fob through electronic entrance gates and doors.
There is also a very large room on the ground floor allocated for secure bicycle storage. The property is in band B for council tax and water is supplied on a meter. Features Double Bedrooms
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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

FAQ
About Bridge Square Apartments, Kingsway, Lancaster, LA1
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