Studio flat · LA1 1BG
Let agreedListed 261 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lancaster | student | September | LA1 Newly built in Lancaster, Foundry Studios offers gorgeous studio apartments perfect for independent living with their own kitchen areas and private en-suites, situated in the heart of the city, in a historic area close to the River Lune.
Offering stylish yet intimate and homely student living with fully fitted kitchenettes, Foundry Studios is a Georgian renovated building providing a unique student accommodation experience with luxury communal areas, situated on the ground floor there is a Games Room and cosy seating area, on the first floor there is a Study Area and TV Lounge Area.
Our Lancaster uni accommodation* is less than 7 minutes’ walk from Lancaster Train Station, and literally across the road from the bus station, giving you the perfect living space for a student who wants to experience everything that University has to offer.
They also boast a TV lounge, Games Room, Student Wardens & Key Holding Services when out of hours, so you know you’ll always be well looked-after.
Measuring around 19m2, this luxury studio apartment which comes with a fully fitted kitchenette including fridge-freezer, hob and microwave oven, as well as a dining area and plenty of storage space.
Each of these studio apartments includes a new fully-fitted en-suite with shower and attractive new fittings.
As well as being able to take advantage of the terrific location of Foundry Studios in Lancaster to enjoy the city, you will also have access to the out of hours services including a key holding service and student wardens to ensure safety and security of all residents.
Skylets are property experts with over 40 years’ experience in rentals and lettings. With a head office based in Newcastle Upon Tyne, we specialise in both professional and student lettings.
We take huge pride in our company and our work and only represent buildings and landlords that have a reputation for excellence.
We are a team of enthusiastic individuals who will go above and beyond – with no fees, flexible viewing times and flexible tenancy lengths.
We work hard to find and deliver exactly what you are looking for. Whether you are thinking of letting your property through Skylets, or renting a property from us, please get in touch.
Let’s see what Skylets can do for you.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About A2, Cable Street, Lancaster
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