1-bedroom flat · LA1 3PZ
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on Norwood Court, just off Bath Street in the popular Freehold area of Lancaster, this well-presented one-bedroom ground floor flat offers modern accommodation within easy walking distance of Lancaster city centre.
The property provides a bright and contemporary living space ideal for a single professional or couple. The accommodation benefits from a spacious lounge, modern fitted kitchen.
bathroom with bath and overhead shower, double bedroom with useful walk-in storage cupboard, and a uPVC conservatory providing additional living space.
Externally, the property has the added benefit of an allocated off-road parking space.
Entrance Hallway Accessed via a uPVC double glazed front door, the entrance hallway provides access to the accommodation and benefits from a ceiling light point.
Door leads into the following rooms: Living Room 3.15m x 4.65m (10'4" x 15'3")** A bright and well-presented reception room with neutral décor, ceiling light point, power points and uPVC double glazed patio doors leading into the conservatory, allowing for plenty of natural light.
Conservatory 3.55m x 1.94m (11'7" x 6'4") A useful additional living space constructed with uPVC double glazing, offering flexibility as a dining area, home office or relaxation space, with a door providing access to the rear.
Kitchen 1.93m x 3.17m (6'3" x 10'4")** Fitted with a modern range of wall and base units complemented by laminate work surfaces.
The kitchen includes a stainless steel sink and drainer, electric oven and hob with extractor hood, plumbing for a washing machine, space for a fridge freezer, ample power points and a uPVC double glazed window to the front elevation.
Bedroom 2.64m x 4.17m (8'7" x 13'8")** A generously sized double bedroom with a uPVC double glazed window overlooking the rear, ceiling light point, power points and the added benefit of a walk-in storage cupboard.
Bathroom 1.74m x 2.36m (5'8" x 7'8") Fitted with a contemporary three-piece suite comprising a panel bath with shower over, pedestal wash hand basin and low-level WC.
Finished with a uPVC double glazed window to the front elevation and ceiling light point.
External Areas To the front is a small enclosed area, while to the rear the property benefits from an allocated off-road parking space.
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 Norwood Court, Bath Street, Lancaster, Lancashire, LA1
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