3-bedroom flat · LA1 3FP
For saleListed 499 days
Opportunity summary
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About
This well-presented three-bedroom second floor apartment boasts of a spacious lounge/dining room and master bedroom with en-suite.
The accommodation has gas central heating and double glazed throughout whilst briefly comprising of; communal entrance and staircase leading to the second floor, vestibule, large hallway with access to loft space, lounge/dining room with double doors leading to a Juliet balcony, fitted kitchen, master bedroom with a Juliet balcony and a three-piece shower room, two further good size bedrooms and a three-piece bathroom suite.
Externally, the property has an allocated parking space with further parking available for visitors. We highly recommend an internal viewing to appreciate the size and standard of the property.
The Colonnade is part of the desirable Standen Park development, with the surrounding woodlands including those from the neighbouring Williamson Park.
Superbly maintained communal grounds allow residents to enjoy the quiet and private residency.
Situated within easy access of Lancaster City Centre which benefits from many high street retailers, restaurants and local run businesses. EPC rating: C.
Tenure: Leasehold, Length of lease (remaining): 225 years 10 months, Front Elevation Purpose built second floor apartment. Private car parking space.
Private front door allowing access to communal hallways and staircase leading to the second floor. Hallway Gas central heating radiator. Intercom system housed onto the wall.
Access to the loft via a pull-down ladder. Wooden flooring. Power points. Ceiling light point.
Lounge/Dining Room 9.41m x 2.47m (30'10" x 8'1") Wooden panel double glazed window to the side elevation. Wooden double-glazed doors to the front elevation allowing access to as Juliet balcony.
Gas central heating radiator. Open access into the kitchen. Television point. Power points. Two ceiling light point. Kitchen Wooden panel double glazed window to the rear elevation.
Modern fitted kitchen. Oven, grill and gas hob. Stainless steel extractor fan. Boiler housed onto the wall. Space for a tower fridge freezer. Partial tiling. Under cabinet spot lighting. Power points.
Ceiling light point. Bedroom One 3.27m x 3.09m (10'9" x 10'2") Wooden double doors leading to a Juliet balcony. Gas central heating radiator. Double bedroom with en-suite. Television point.
Carpet. Power points. Ceiling light point. En-Suite 1.94m x 1.45m (6'4" x 4'9") Towel radiator in white. Three piece in white with WC, hand wash basin with pedestal and shower cubicle.
Partial tiling. Bedroom Two 3.39m x 2.61m (11'1" x 8'7") Wooden panel double glazed window to the rear elevation. Gas central heating radiator. Double bedroom. Carpet. Power points.
Ceiling light point. Bedroom Three 1.96m x 4.27m (6'5" x 14'0") Wooden panel double glazed window to the front elevation. Single bedroom. Carpet. Power points. Ceiling light point.
Bathroom 1.69m x 1.95m (5'7" x 6'5") Towel radiator in chrome. Three-piece bathroom suite in white with WC, hand wash basin with pedestal and bath. Shower unit housed onto the wall.
Tiling floor to ceiling surround. Tiled flooring. Extractor fan. Spot lights.
Value & comps
No previous sales on record.
Returns
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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 The Colonnade, Lancaster, LA1
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