1-bedroom flat · LA1 1RS
Let agreedListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great value one-bedroom flat with one reception room, a kitchen-diner and one bathroom.
The property is located within a traditional stone-built terrace and is accessed from Queen Street through a communal passageway leading to the entrance door.
The accommodation includes full double glazing, gas central heating supplied by a combi boiler and on-road parking is available with a permit from the council.
The reception room is a spacious main living area with a front-facing double-glazed window.
The room has neutrally painted walls, a radiator and electrical sockets positioned around the room, providing space for standard living-room furniture.
The bedroom accommodation includes a double-glazed window, curtains, a radiator and carpeted flooring.
The kitchen-diner is fitted with base units, work surfaces and a stainless-steel sink with drainer and mixer taps beneath a double-glazed window.
The kitchen includes an electric freestanding cooker with hob and oven, a fridge freezer and a washing machine.
The dining area forms part of the same room, providing space for a table and chairs alongside the kitchen fittings. A door provides access from the kitchen area to the rear of the accommodation.
The bathroom contains a full-size bath with a shower attachment and glazed shower screen, a WC and a wash hand basin. The walls around the bath are tiled, while the floor has dark tiled covering.
The room also benefits from a double-glazed window and painted areas above the tiled sections.
The property retains features associated with the surrounding terraces, and parking is available on the road outside the property, subject to local restrictions and availability.
The property is in band A for council tax and rated for water.
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 Queen Street, Lancaster
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