2-bedroom flat · LA1 3RL
Sold STCListed 69 days
Opportunity summary
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About
Location St. Andrews Close forms part of the popular Standen Park development, a well-established residential setting on the eastern side of Lancaster.
Surrounded by mature trees and landscaped communal grounds, the development has an attractive, leafy feel while remaining conveniently placed for the city and everyday amenities.
Williamson Park is within walking distance, providing extensive parkland, woodland walks, the Ashton Memorial and café, while a nearby Co-op is convenient for day-to-day shopping.
Lancaster city centre is also readily accessible, offering a wide choice of independent shops, cafés, restaurants and cultural attractions.
The property is well positioned for Lancaster Royal Infirmary, the University of Cumbria and Lancaster University, with convenient road links towards the M6.
Property Information Positioned on the first floor of a well-maintained development, this beautifully presented two-bedroom apartment offers approximately 606 sq. Ft.
Of thoughtfully arranged accommodation. Its position overlooking the mature communal gardens is a particular highlight, with leafy views and an excellent level of natural light throughout.
The apartment has benefited from a number of recent cosmetic improvements, including new wood-effect flooring throughout the main living spaces, new carpets to both bedrooms and updated décor, giving the home a smart and cohesive finish.
The living room is a comfortable and inviting space, centred around a large bay window overlooking the surrounding greenery.
It flows naturally into the adjoining dining area, where a second bay window further enhances the light and outlook.
Currently used partly as a home-working area, this versatile space works equally well for dining or entertaining.
The separate kitchen is fitted with contemporary navy cabinetry, contrasting granite-effect worktops and integrated cooking appliances, with windows providing further leafy views.
There are two comfortable bedrooms. The principal bedroom is a generous double with fitted wardrobes and an en-suite shower room finished with light aqua mosaic tiling.
The second bedroom also accommodates a double bed and, like the principal bedroom, benefits from newly fitted carpeting.
A fully tiled main bathroom with a three-piece white suite and bath completes the accommodation, alongside useful storage within the hallway.
Material Information Leasehold with approximately 975 years remaining Managed by FirstPort Residential Property Management Service charge: £2,336.04 per annum Ground rent: £170.00 per annum, payable every six months First-floor apartment Recently cosmetically updated – New wood-effect flooring to the main living spaces, new bedroom carpets and refreshed décor throughout.
Key Features Two-bedroom first-floor apartment Two bathrooms including principal en-suite Leafy outlook across mature communal grounds Bright living room with large bay window Separate dining area with additional bay window Modern navy fitted kitchen Quality lvt flooring through the main living spaces Two comfortable double bedrooms Fitted wardrobes to the principal bedroom Walking distance of Williamson Park Location St.
Andrews Close forms part of the popular Standen Park development, a well-established residential setting on the eastern side of Lancaster.
Surrounded by mature trees and landscaped communal grounds, the development has an attractive, leafy feel while remaining conveniently placed for the city and everyday amenities.
Williamson Park is within walking distance, providing extensive parkland, woodland walks, the Ashton Memorial and café, while a nearby Co-op is convenient for day-to-day shopping.
Lancaster city centre is also readily accessible, offering a wide choice of independent shops, cafés, restaurants and cultural attractions.
The property is well positioned for Lancaster Royal Infirmary, the University of Cumbria and Lancaster University, with convenient road links towards the M6.
Parking - Allocated Parking Allocated parking space within a private residents’ parking area.
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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About 8 St. Andrews Close, Lancaster
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