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See how verdicts work1-bedroom flat · LA1 4TF
For saleListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom ground floor flat in The Hastings, complete with private garage, offers comfortable and well-proportioned living throughout and benefits from a recent modern renovation and no upward chain.
The accommodation is double glazed and has electric heating whilst briefly comprising of; entrance hallway with storage cupboards, spacious lounge/dining room, modern fitted kitchen, double bedroom with built-in wardrobes and a well-presented three-piece shower room suite.
The property also benefits from visitor parking and a private garage situated in the under croft, which can be used for your own needs or as an additional rental income.
We would highly recommend an internal viewing to appreciate the size and standard of the property on offer.
Conveniently located for Lancaster University, Royal Lancaster Infirmary and University of Cumbria. Transport links are excellent with access to the M6 J33 and J34.
Bus stops served by regular bus routes just outside the main building on Greaves Road.
Local amenities are plentiful with access to the City Centre, a number of supermarkets and convenience stores are close by. EPC rating: D.
Tenure: Leasehold, Hallway Built in storage cupboards with one housing the water cylinder. Ceiling light point.
Lounge/Dining Room 4.22m x 4.72m (13'10" x 15'6") Wooden panel double glazed window to the side elevation. Two electric heaters housed onto the wall. Access to the kitchen. Television point.
Carpet. Power points. Ceiling light point. Kitchen 3.47m x 2.08m (11'5" x 6'10") Wooden panel double glazed window to the side elevation. Electric heater housed onto the wall.
Modern fitted kitchen with black laminated working surfaces accommodated with shaker cupboard doors. oven, grill and electric hob. Extractor fan. Stainless steel sink with drainer.
Space for a tower fridge freezer and washing machine. Partial splash back tiling. Extractor fan. Power points. Ceiling light point.
Bedroom One 2.55m x 3.72m (8'4" x 12'2") Wooden panel double glazed window to the side elevation. Electric heater housed onto the wall. Double bedroom with fitted wardrobe and storage space.
Carpet. Power points. Ceiling light point. Shower Room 1.97m x 1.8m (6'6" x 5'11") Wooden panel double glazed window to the side elevation with frosted effect.
Three piece suite in white with WC, hand wash basin set into a vanity unit and shower. Extractor fan. Ceiling light point.
Leasehold Details 954 Years Remaining £150 pcm Service Charge 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.
Fisher Wrathall 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 Hastings, Lancaster, LA1 4TF
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