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See how verdicts work1-bedroom flat · LA1 3SY
Sold STCListed 38 daysAuction 29 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A one bedroom first floor flat situated within the prestigious Residence development, presented in clean decorative order, benefiting from communal gardens and residents' parking, well located for the amenities of Lancaster.
Vacant. Description The Residence is a beautifully restored Grade II listed building situated in Lancaster.
The property is presented in clean decorative order and benefits from communal gardens and residents parking. It is well located for the local and recreational amenities of Lancaster.
Location The property is located on Kershaw Drive which can be accessed off Quernmore Road. A wide range of local amenities such as Shops, Bars and Restaurants can be found in Lancaster City Centre.
Recreational amenities of Willamson Park, Ryelands Park and Morecambe Golf Club are all easily accessible.
Transport Lancaster - National Rail Accommodation First Floor - Lounge / Diner, Bedroom, Bathroom, Kitchen.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 103A, Lancaster
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