2-bedroom flat · LA1 3TG
Sold STCReduced £15k (−5.7%) on 10 FebListed 346 days
Opportunity summary
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About
Location The Residence at Kershaw Drive is one of Lancaster’s most prestigious developments, set within beautifully converted historic buildings surrounded by landscaped grounds.
The setting offers peace and privacy, yet remains conveniently close to Lancaster city centre, Williamson Park, and the M6.
Residents enjoy a sense of community, secure gated entry, and access to tree-lined walkways and green open spaces.
It’s a location that perfectly balances heritage architecture with modern living, all within easy reach of the city’s independent shops, restaurants, and transport links.
Property Overview Positioned on the ground floor of the South Wing, this beautifully presented two-bedroom apartment enjoys its own private entrance and enclosed garden – a rare feature within this highly regarded development.
The property combines elegant period proportions with a contemporary, open-plan layout designed for modern lifestyles.
Step inside to a spacious open-plan living area, brightened by large sash windows and French doors leading directly to the garden.
The living space flows effortlessly into a sleek, modern kitchen fitted with gloss units, integrated appliances, and a breakfast bar for informal dining.
The apartment offers two well-proportioned double bedrooms, both finished in light, neutral tones. The main bedroom includes a wall of built-in wardrobes and access to a stylish en-suite shower room.
The second bedroom is served by a modern bathroom featuring grey tiling, chrome fittings, and a shower over the bath.
Outside, the private garden is enclosed by mature hedging, offering a peaceful outdoor retreat with direct access from the living area.
The property also benefits from a secure allocated parking space and use of the beautifully maintained communal grounds that surround The Residence.
Key Information Council Tax Band: C Tenure: Leasehold Lease Term: 250 years from 2014 (approx.
239 years remaining) Ground Rent: £187.00 per annum Service Charge: £3,140.00 per annum (paid monthly or quarterly) Gas central heating (Ideal combi boiler, regularly serviced) UPVC double glazing throughout Private garden and separate private entrance (one of the largest on the site) Allocated parking spaces x2 within secure gated grounds Managed by Glide Property Management EPC Rating: C Location The Residence at Kershaw Drive is one of Lancaster’s most prestigious developments, set within beautifully converted historic buildings surrounded by landscaped grounds.
The setting offers peace and privacy, yet remains conveniently close to Lancaster city centre, Williamson Park, and the M6.
Residents enjoy a sense of community, secure gated entry, and access to tree-lined walkways and green open spaces.
It’s a location that perfectly balances heritage architecture with modern living, all within easy reach of the city’s independent shops, restaurants, and transport links.
Garden The property has a wrap-around garden surrounded by hedges with a lawn and patio area. Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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