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See how verdicts work1-bedroom flat · LA1 1AH
For saleListed 945 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Lune Square. A modern and spacious one bedroom apartment that offers its residents a peaceful escape in the heart of the Lancaster city centre with views over the River Lune.
On the doorstep you have a plethora of local amenities and transport links as well as great connections to Lancaster University.
The property is being sold as an investment with tenant in situ achieving £700 per calendar month.
This well presented one-bedroom apartment benefits from a well proportioned open plan kitchen, lounge and dining space with the added benefit of French Doors which give a view of the River Lune, making this a lovely bright space.
The kitchen itself is of a contemporary style with chrome and glass extractor and a glazed breakfast bar area. The double bedroom is generously sized and also enjoys a view of the river.
There is a bright and fresh modern white bathroom with white brick tiling to walls, the white three piece bathroom suite has a shower over bath with glass shower screen.
The entrance hallway has two additional walk in storage cupboards. There is electric storage heating.
With bright neutral decor and wood floor throughout this apartment offers the ideal location for modern city living with a quiet position. Tenure: - Leasehold 999 years from new 2004.
Service Charges: - £1450 PA. (Figures should be checked by your solicitor) Management Company: - Estates Management Ltd. Ground Rent: - £150 PA. (Figures should be checked by your solicitor)
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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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.
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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 Lune Square, Lancaster
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