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 1FB
No longer listedReduced £5k (−5.9%) on 12 AugListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold The Location Ushers Meadow is one of Lancaster's most established retirement developments, purpose-built exclusively for the over 55s and occupying a peaceful position just off the ever-popular Dallas Road.
Surrounded by mature trees and attractive communal gardens, the development offers a welcoming community atmosphere whilst remaining within easy reach of everything the city has to offer.
Lancaster city centre is only a short walk away, providing an excellent selection of shops, cafés, restaurants, healthcare facilities and everyday amenities.
Residents also benefit from nearby Aldi supermarket, regular bus services and scenic walks along the Lancaster Canal.
At the heart of the development is a beautifully maintained communal courtyard with seating areas, creating an attractive space to relax or socialise with neighbours.
Property Information Located on the first floor, this well-presented one-bedroom apartment offers comfortable, low-maintenance living within a popular retirement community.
Accessed via a smart communal entrance with stairs leading to the apartment, the accommodation is bright, neutrally decorated and ready for a new owner to move straight into.
The spacious living room provides plenty of room for both seating and dining furniture, with a large window framing pleasant views across mature trees and neighbouring gardens.
An attractive electric coal-effect fire creates a focal point, while modern rointe electric heating ensures efficient warmth throughout the apartment.
The kitchen has been updated in recent years and is fitted with a range of cream gloss units arranged in a practical u-shaped layout.
There is space for an electric cooker, washing machine and under-counter fridge freezer, making excellent use of the available space.
The double bedroom is generously proportioned, continuing the neutral décor and enjoying the same leafy outlook to the rear.
Completing the accommodation is a modern shower room fitted with a white three-piece suite, pedestal wash basin, WC and a walk-in shower cubicle with electric shower.
Outside, residents enjoy beautifully maintained communal gardens centred around an attractive courtyard with seating, together with private resident parking.
The apartment is offered with no onward chain, making it an ideal opportunity for buyers seeking a straightforward move.
Material Information Tenure: Leasehold Property Type: First-floor retirement apartment Development: Purpose-built over 55s community Management Company: Parkinson Service Charge: £1,200 per annum Council Tax Band: A Modern rointe electric heating UPVC double glazing Resident parking Beautifully maintained communal gardens and courtyard seating areas No onward chain Key Features First-floor apartment within a popular over 55s development Peaceful Dallas Road location Walking distance to Lancaster city centre Attractive communal courtyard and landscaped gardens Spacious lounge with dining space Electric coal-effect feature fire Modern rointe electric heating throughout Updated cream gloss fitted kitchen Generous double bedroom with leafy outlook Modern shower room with walk-in shower Resident parking available No onward chain EPC Rating: D Location Ushers Meadow is one of Lancaster's most established retirement developments, purpose-built exclusively for the over 55s and occupying a peaceful position just off the ever-popular Dallas Road.
Surrounded by mature trees and attractive communal gardens, the development offers a welcoming community atmosphere whilst remaining within easy reach of everything the city has to offer.
Lancaster city centre is only a short walk away, providing an excellent selection of shops, cafés, restaurants, healthcare facilities and everyday amenities.
Residents also benefit from nearby Aldi supermarket, regular bus services and scenic walks along the Lancaster Canal.
At the heart of the development is a beautifully maintained communal courtyard with seating areas, creating an attractive space to relax or socialise with neighbours. Parking - Allocated Parking
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.
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About 31 Ushers Meadow, Lancaster
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