3-bedroom flat · LA1 3FP
For saleListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top floor self contained apartment on the very desirable Standen Park development which has surrounding woodlands, Williamson Park adjacent and is also close to the countryside and desirable schools.
The historic City Centre is well positioned and offers a multitude of retail options, leisure facilities, pubs and eateries.
The accommodation comprises; communal entrance and hallways, private hallway, open plan living arrangement with lounge / kitchen / dining area combined, the lounge area has double doors providing an open aspect and added light and the kitchen area has fitted appliances.
There is an inner hallway which provides direct access to all principal rooms which include the three bedrooms and bathroom with the master bedroom having its own en suite and further double doors for more added light and an open aspect.
Externally there are superb communal gardens, allocated and visitors parking.
Leasehold information: Service Charge: £1998 Length of the Lease: 250 years Start Date of the Lease: 01/01/2002 Council Tax Information: Band C Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations.
Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
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 The Colonnade, Lancaster
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