1-bedroom flat · LA1 5UZ
Sold STCReduced £5k (−3.5%) on 10 FebListed 406 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately presented to the very highest of standards, this spacious ground floor apartment is simply stunning.
Premium in appearance and only ever used by the current owner for occasional weekend stays, it presents an exceptional opportunity for the discerning buyer.
Perfect as a stylish first-time home, an easy downsize, or a secure bolt-hole, this apartment will appeal to a wide range of purchasers.
Positioned at the rear of the building, the property enjoys peace and seclusion away from the communal entrance, with the added benefit of an allocated parking space directly in view from the living room window plus additional visitors spaces in the residents' car park.
There is also a lockable bike store. Inside, the décor is warm, contemporary, and beautifully presented throughout.
The apartment windows have been fitted with made-to-measure, bi-fold shutters, and each room feels light, open, and generously proportioned.
There are quality, large fitted wardrobes and beautiful decorative panelling detail in the bedroom.
The main living space is open plan; incorporating a high gloss kitchen with integrated smeg appliances: Hob, microwave, cooker, washing machine, fridge and freezer.
A particular highlight is the cleverly designed utility store off the hallway-plumbed for a washing machine, complete with shelving and storage; ideal for keeping everyday essentials neatly tucked away so the main living space remains uncluttered.
The location is equally impressive.
Lancaster city centre is just a short stroll away, with the train and bus stations within easy reach, alongside a delightful collection of restaurants, cafés, and local amenities.
Offered chain free, this superb apartment offers one-level living that is truly a cut above the rest. Early viewing is highly recommended.
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
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FAQ
About Flat A, 7, New Quay Road, Lancashire
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