We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · LA1 1AH
Listing removedListed 483 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Lune Square – where city living meets convenience. Set just off St George’s Quay, Lune Square offers modern, easy living right in the heart of Lancaster.
Positioned on the upper ground floor near the main entrance, this apartment benefits from an elevated outlook and a location that’s moments from the city centre, the train station, and the River Lune.
Whether you commute, enjoy riverside walks, or simply like to be close to local shops and cafes, you’ll find it all within reach here. Step inside this smartly presented one-bedroom apartment.
The living area is open plan, creating a sociable space that combines comfort and style.
The high-gloss white kitchen is fitted along one wall, with grey stone-effect worktops that add a contemporary edge.
A raised glass breakfast bar provides a natural divide between the kitchen and lounge, offering a place to dine or catch up over coffee.
There’s space to position both a sofa and a small dining table, making it easy to relax or entertain.
French doors open out to a Juliette balcony, drawing in light and offering a pleasant outlook from its slightly elevated position at the front of the building.
The layout works well for everyday living, and the neutral décor gives the new owner a blank canvas to make it their own.
The bedroom is a generous double, while the bathroom includes a modern white three-piece suite and contemporary metro-style tiling.
Neutrally decorated throughout, this apartment is ready to move straight into.
Extra Useful Information This apartment was built by Persimmon Homes in 2004 It is located on the upper ground floor, close to the main entrance There is a secure intercom entry system It is electrically heated It is double-glazed The management company is Estates Management Ltd The management fees are £130.10 per month The annual ground rent is £150 This is council tax band A There is no onward chain EPC Rating: C Location Set just off St George’s Quay, Lune Square offers modern, easy living right in the heart of Lancaster.
Positioned on the upper ground floor near the main entrance, this apartment benefits from an elevated outlook and a location that’s moments from the city centre, the train station, and the River Lune.
Whether you commute, enjoy riverside walks, or simply like to be close to local shops and cafes, you’ll find it all within reach here.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About 16 Lune Square Damside Street, Lancaster
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