4-bedroom terraced house · LA1 3BL
Listing removedListed 146 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Rent: From £155 pppw * Beds: 4 bedrooms, all en-suite * Move in: 5 August 2025 * Move out: 21 June 2026 * Minimum contract: 46 weeks * Bills included: Electricity, Gas, Water, Internet & TV Licence * Rental type: Individual rooms, you can rent rooms individually, or as a group of up to 6 people.
Newly renovated, 4 ensuite bedroom, student property. These ensuite rooms are available in August 2025. Prospect Street is a modern, new student house share a short walk from Lancaster City Centre.
This house is very well located for all the shops and pubs of the City.
Each of the 4 bedrooms comes with an ensuite bathroom, double bed, desk with a chair and their own individual 40" smart televisions.
The kitchen comes well equipped with washing machine/tumble dryer, kettle, toaster and microwave, perfect for cooking group dinners and the living room has comfy sofas and a flat screen 50" smart television.
The house also has BTfull fibre broadband.
Located only a few minute's walk from the high street, these ensuite rooms are ideal for any group or individual student who wants to ensure they make it to their 9am lectures or City job on-time without the rush hour commute.
Being close to all the Lancaster hotspots; it's all about balance, after all. In less than 5 minutes, you will be at your local shops, perhaps to pick up the ingredients for a house dinner.
Central Urban Living provide exceptional quality housing for young professional's and student's, in both shared houses and apartments, in 5 cities across the UK.
We are a provider of 2nd and 3rd year student accommodation and graduate/young professional homes in the UK, leading the way in offering very best accommodation in the market.
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
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FAQ
About Student House Share - Prospect Street, Lancaster
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