2-bedroom terraced house · LA1 3PN
Listing removedListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious, Part-Furnished Two-Bedroom Terraced Home Close to Lancaster City Centre Available now, this well-presented two-bedroom mid-terraced property offers spacious and versatile accommodation in a convenient residential location, within easy walking distance of Lancaster city centre.
The ground floor features a welcoming lounge and a generously proportioned second reception room, providing plenty of space for both relaxing and dining.
The bright, modern fitted kitchen offers ample cupboard and worktop space, along with an integrated oven and gas hob. To the rear is a tiled bathroom fitted with a bath and overhead shower.
Upstairs, the property offers two well-sized bedrooms, including a spacious double room and a comfortable second double bedroom.
Both rooms benefit from plenty of natural light and attractive wood-effect flooring.
Outside, there is a private, enclosed and low-maintenance rear yard, while on-street parking is available to the front of the property.
Garnet Street is ideally situated for access to local shops, schools, bus routes and Lancaster railway station, with the city centre and its wide range of shops, cafés, restaurants and amenities all close by.
This appealing home would be well suited to a professional couple, small family or individual seeking generous living space in a central and well-connected location.
Application & Viewing Information If you are interested in applying for this property please place an enquiry through Rightmove, Zoopla or On The Market.
Alternatively, you can fill out an application form directly on our website under the Lettings menu. We will need one application per household.
The landlord will make a decision on which applicants they wish to shortlist for viewings and their decision will be final.
If your application is shortlisted, we will then be able to get a physical viewing booked in before you commit to the property.
Cost Information The standard deposit on this property will be £925 JD Gallagher Estate Agents are part of Client Money Protect who provide them with cmp insurance and are part of The Property Ombudsman Scheme.
We may charge a tenant any or all of the following when required: 1. The rent 2. A security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year 3.
Default fee for late payment of rent (after 14 days) 4. Reasonable charges for lost keys or security fobs 5.
Payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant 6.
Payments associated with early termination of the tenancy, when requested by the tenant 7.
Payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.
Connectivity The estimated mobile coverage at this property is: EE: Excellent O2: Good Three: Good Vodaphone: Excellent The estimate available broadband speed at this property is: Basic (adsl): 14mb Fibre to the Street Cabinet (fttc): 59mb Fibre to the Premises (FTTP): 10,000mb The above speeds represent the average speeds and fibre availability in the area and do not necessarily mean that this property is currently connected to all available options.
Your chosen internet provider will be able to advise on the required equipment and what they are able to offer.
Please remember that you will need to seek permission if your provider needs to carry out any changes or drilling at the property. EPC Rating: C
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.
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 advisors 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 12 Garnet Street, Lancaster
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