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See how verdicts work1-bedroom flat · LA1 3TG
No longer listedReduced £5k (−2.9%) on 21 JunListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Location The Residence on Kershaw Drive is one of south Lancaster’s most distinctive addresses.
Set within beautifully converted period buildings, this development combines architectural presence with a calm, landscaped setting.
Williamson Park is close by for weekend walks and open views across the city, and the M6 is easily accessible for those commuting further afield.
There is Co-Op Convenience store close by and just a short walk is Lancaster Leisure Park which includes the Farm Shop, Cafe, Hairdressers and Lancaster Brewery.
The development itself has a settled, well-kept feel, attracting professionals, downsizers and those looking for something a little different from the ordinary apartment.
It’s a location that balances practicality with character. The Property Step inside and the sense of space immediately stands out.
This ground floor apartment is arranged over split levels, creating a layout that feels interesting and far from standard.
The main lounge is bright and welcoming, with high ceilings and a feature internal window that allows light to travel between levels.
From here, doors open directly onto a private terrace overlooking the central courtyard – an ideal spot for morning coffee or unwinding at the end of the day.
A short set of steps leads down to the kitchen, neatly fitted with contemporary white cabinetry and generous worktop space.
There is room for a small dining table, making it a sociable area for everyday meals. The open connection back to the lounge ensures you’re never cut off from guests while cooking.
From the lounge, steps rise to the bathroom and bedroom.
The bathroom has been updated with striking tiled walls and a modern walk-in shower, pedestal basin and WC, creating a clean, hotel-inspired feel.
The bedroom is a comfortable king size with soft neutral décor and fitted storage, positioned to feel tucked away from the main living space.
Even through it is a one bedroom apartment, the current owners have a sofa in the spacious lounge which converts into a king sized bed, enabling for visitors to stay over night.
Material Information Leasehold – 238 years remaining Service charge £2,910.03 per annum (payable annually or monthly) Ground rent £375 per annum Management company: Glide Property Management Allocated parking space for one vehicle Key Features Split-level design that creates a sense of space and individuality Direct access to a low maintenance private terrace overlooking the courtyard Impressive high ceilings and architectural character Bright open-plan lounge ideal for relaxing or entertaining Contemporary kitchen with space to dine Modern shower room with statement tiling Large storage space leading off the cupboard in the hallway.
Sought-after development in south Lancaster Allocated parking within a well-maintained setting EPC Rating: C Location The Residence on Kershaw Drive is one of south Lancaster’s most distinctive addresses.
Set within beautifully converted period buildings, this development combines architectural presence with a calm, landscaped setting.
Tucked away just off the A6 in Scotforth, it offers both privacy and convenience.
Booths supermarket, local cafés, takeaways and everyday amenities are all within easy reach, while regular bus routes provide direct access into the city centre and Lancaster University.
Williamson Park is close by for weekend walks and open views across the city, and the M6 is easily accessible for those commuting further afield.
The development itself has a settled, well-kept feel, attracting professionals, downsizers and those looking for something a little different from the ordinary apartment.
It’s a location that balances practicality with character. Garden Direct access to a private terrace overlooking the courtyard Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 4 South Wing, Lancaster
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