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See how verdicts workStudio flat · LA2 0PR
Listing removedListed 84 daysAuction 18 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 18/08/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A modern studio apartment forming part of a student specific accommodation block. Offered Vacant.
Potential erv £8,100pa Description A modern studio apartment forming part of a student specific accommodation development close to the University of Lancaster and Cumbria.The studio is finished to a modern standard with a fitted kitchen and integrated appliances, bedroom/living area and en-suite shower room.Within Silk Mill there is also a reception area, a communal area to socialise, bike store, gym, games room, cinema room and laundry.
Transport Lancaster Railway Station 2.8 Miles Bus Stop towards Lancaster University 0.2 Miles Accommodation Studio Double Bedroom Kitchen facilities En-suite Shower room An approx. 430sq ft
Value & comps
No previous sales on record.
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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 starting price
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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
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FAQ
About 55 Galgate Mill, Galgate
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