1-bedroom house · LA1 1NN
To rentReduced £13 (−2.2%) on 16 OctListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3023067. We are proud to offer two rooms available in a 4 bedroom, 1 bathroom shared house in a great location.
It is perfectly positioned for access into town (5 min walk to centre). Lidl and Sainsbury's are also a 5 min walk away as is B&M Bargains.
Plenty of visitor parking available in the Halfords car park (2 min walk).
The ground floor has a generous sized kitchen (new flooring) with washing machine, fridge, freezer, new electric cooker and gas hob that overlooks a living area with TV, sofa, dining table and chairs.
House freshly painted within last year. New oven and washing machine. All four bedrooms have double beds and the bathroom is on the ground floor with a modern newly renovated shower.
Three of the bedrooms also contain a private sink and mirror. All bills and unlimited broadband are included. Room 4 available to move in. Property is offered furnished.
Room 1 (with wash basin) available to move in from 14th September. Viewing highly recommended. Contact OpenRent today for more details or to arrange a viewing!
Summary Room 4 - Double room for 1 person - £440.00 per four weeks (£110.00 per week) Deposit / Bond is £220.00 Room 1 - Double room for 1 person - £540.00 per four weeks (£135.00 per week) Deposit / Bond is £270.00 Lovely clean house mates.
It's a no brainer! Minimum tenancy is 6 months (24 weeks based on 4 weekly rental) Maximum number of tenants is 4.
Summary & Exclusions: - Rent Amount: 2 rooms available, from £476.67 each per month (£110.00 per week) - Deposit / Bond: From £220.00 per room - 4 Bedroom Property (2 rooms currently available for rent) - 1 Bathrooms - Property comes furnished - Available to move in from 01 September 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills Included - No Parking Available - No Garden Access - EPC Rating: EPC Not Required (Shared Accommodation) If calling, please quote reference: 3023067 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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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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
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About St Leonards Gate, Lancaster
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