1-bedroom flat · LA1 1TE
For saleListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Lancaster city centre, this one bedroom first floor flat offers the perfect blend of modern convenience and urban living.
Perfectly suited for first time buyers, professionals, or investors, this property places everything the historic city has to offer right on your doorstep.
The accommodation features a spacious open plan living area, with a kitchen, making it an ideal space for entertaining or relaxing after a busy day.
The flat continues to impress with a generous double bedroom, offering ample space for storage and furnishings, alongside a well appointed bathroom.
Residents also benefit from well maintained communal areas Location is key here, you are just a short stroll from Lancaster’s vibrant amenities, including bars and restaurants, as well as excellent transport links via the nearby bus station and mainline railway.
Properties in this central location are highly sought after—call Farrell Heyworth today to arrange your viewing!
Leasehold information: Ground Rent Payable: Yes Annual Ground Rent: £100 per annum Service Charge: £1000 per annum Length of the Lease: 999 years Start Date of the Lease: 10/05/2007 Council Tax Information: Band A 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 Fenton Street, Lancaster
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