2-bedroom flat · LA1 2DG
Let agreedListed 33 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious and modern TWO bedroom second floor apartment available unfurnished with gas central heating, double glazing and parking Council Tax Band: A (Lancaster City Council) Holding Deposit: £165 Accommodation Comprises Entrance hallway.
Two double size bedrooms. Modern bathroom with shower over the bath and storage cupboard. Lounge with Juliet balcony and views over Lancaster.
Kitchen with fitted appliances including fridge freezer and washing machine. Externally Good size storage room. Allocated parking space.
Please note Under the terms of the lease pets are not permitted in the building. Council Tax Band A EPC RATING C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Bank Road, Lancaster
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