2-bedroom flat · LA1 3LZ
Sold STCListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superb and Spacious First Floor Flat with Shared Garden and Off Road Parking! This surprisingly spacious and modern first-floor flat offers a range of features that make it stand out.
Benefiting from its own driveway for off-road parking and access to a shared lawned, fence-enclosed garden, this property provides a rare combination of indoor and outdoor space.
Conveniently located just a 30-second stroll from a bus stop with regular services to Lancaster city centre and surrounding areas, commuting has never been easier.
Entering through a smart composite front door, you are welcomed into a contained hallway with stairs leading up to the main accommodation.
A large under-stairs storage cupboard adds practical convenience. The central hallway, featuring stylish wooden flooring, connects all the main rooms.
The expansive lounge boasts a full wall of windows, allowing natural light to flood in and offering plenty of space for large sofas, a dining table, and more.
Adjacent is the well-equipped kitchen with ample wall and base units, perfect for those who love to cook. Both bedrooms are generous doubles, offering versatility and comfort.
The contemporary bathroom features slate-grey tiles and a sleek white suite, completing this modern home.
The flat is gas centrally heated, fully double-glazed, and ready for you to move in and make it your own.
With low lease costs, this property is an affordable option for first-time buyers, investors, or as a convenient bolt-hole for those working in the city part-time.
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
Agent & docs
FAQ
About Patterdale Road, Lancaster, Lancashire, LA1
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