3-bedroom flat · LA1 3SY
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Residence, Kershaw Drive, Lancaster, Lancashire, LA1 3SY Leasehold – 250 Years Remaining Service Charge: £388 per annum Ground Rent: £250 per annum Situated within the highly regarded The Residence on Kershaw Drive, this exceptional third-floor luxury penthouse offers expansive living space, premium finishes, and outstanding outdoor areas, making it a rare opportunity within the Lancaster property market.
Occupying a prime position within the development, this impressive three-bedroom penthouse has been thoughtfully designed to provide both elegant entertaining space and practical day-to-day living.
The accommodation briefly comprises: A stunning master bedroom suite featuring generous proportions and a private ensuite bathroom.
Two further well-sized double bedrooms, ideal for family members, guests, or home office use. A contemporary main family bathroom, finished to a high standard.
A spacious and light-filled lounge area, offering ample room for relaxation and entertaining.
An impressive kitchen/breakfast room, beautifully appointed and designed as the heart of the home, complete with extensive workspace and storage.
A separate dining room, perfectly positioned for formal dining and social gatherings. A cloakroom, providing additional convenience.
A dedicated utility room, keeping laundry and household tasks separate from the main living areas.
Four substantial storage rooms, offering exceptional storage capacity rarely found in apartment living.
One of the standout features of this penthouse is the presence of two exceptionally large terrace balconies.
These expansive outdoor spaces provide ideal areas for al fresco dining, entertaining, or simply enjoying elevated views and open-air relaxation.
The terraces significantly enhance the overall living experience and offer a seamless extension of the internal accommodation.
The property benefits from two allocated parking at the premises with ample of visitors parking, ensuring convenience and security for residents and visitors alike.
Location & Amenities Kershaw Drive is ideally positioned in a sought-after residential area of Lancaster.
The development offers excellent access to the city centre, with its wide range of high-street shops, independent boutiques, cafés, and restaurants.
Residents are also within easy reach of Lancaster’s railway station, providing direct links to major cities including Manchester and London, as well as convenient access to the M6 motorway for commuting further afield.
The area is well-served by reputable schools, leisure facilities, green spaces, and scenic canal-side and riverside walks, making it a superb setting for both families and professionals seeking a blend of city convenience and lifestyle appeal.
The property is also within walking distance to Williamson park And Grammar school. Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria. Exclusivity Fee: You can secure the purchase by paying an exclusivity fee of £2,000.
This grants the buyer exclusive rights to proceed with the purchase for the duration of the conveyancing process, during which time the seller agrees to remove the property from the market and not negotiate with other parties.
The exclusivity fee is returned to the buyer upon successful completion of the purchase.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This agreement sets out the terms of exclusivity and seller commitment but does not constitute an exchange of contracts.
This arrangement provides buyers with reassurance that the property is secured exclusively for them, reducing the risk of gazumping and unnecessary aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
Lounge (6.6m x 5.87m) Kitchen/Breakfast Room (5.15m x 5.63m) Dining Room (3.18m x 2m) Master Bedroom (5.26m x 2.65m) Bedroom 2 (4.88m x 2.64m) Bedroom 3 (3.86m x 4.88m) Bathroom (1.65m x 2.36m) En-Suite (3.3m x 1.45m) Terrace Balcony (5.06m x 2.54m)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 301 South Wing, The Residence,, Kershaw Drive, Lancashire
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