1-bedroom house · LA1 4AR
Listing removedListed 224 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located less than a mile from historic Lancaster city centre, Williamson Court is an exclusive Retirement Living PLUS development for the over 70s, offering 54 stylish one and two-bedroom apartments.
Enjoy the privacy of your own spacious home alongside a warm, welcoming community and the reassurance of tailored support when you need it.
A friendly on-site manager is available 24/7, with weekly domestic support included and optional personal care.
Apartments are thoughtfully designed to be low maintenance, energy efficient and easy to live in, with modern safety features throughout. Parking is available and well-behaved pets are welcome.
Apartment 39 is located on the third floor and measures 535.66 square feet. The spacious living room is decorated in a natural colour which gives a bright and airy feel.
The fitted kitchen comes complete with integrated fridge freezer, ceramic hob, extractor fan and waist height oven.
The master bedroom benefits from a wardrobe with sliding mirrored doors and is fitted with hanging space and shelving units.
The shower room is complete with slip resistant flooring and a level access shower, a chrome towel radiator and a fitted mirror.
This fantastic apartment comes complete with fitted flooring throughout, curtains and light fittings and can also include furniture.
Council tax band: A Reservation deposit: £500 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security deposit: £2,279 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent)
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
Agent & docs
FAQ
About 142 Greaves Road, Lancaster, Lancashire, LA1 4AR
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