Chain-free first-floor apartment with allocated off-street parking
Two double bedrooms both with built-in wardrobes
Long lease: 964 years remaining, 999-year lease from 1989
Very low service charge (£20 pa) and modest ground rent (£100 pa)
Modern breakfast kitchen, contemporary three-piece bathroom
Located within walking distance of Lancaster city centre and transport
Area shows high deprivation and above-average recorded crime
Block exterior may need upkeep; cavity walls likely uninsulated
Set over the first floor of a purpose-built block, this chain-free two-bedroom apartment offers an affordable entry into Lancaster with long lease security and low ongoing charges. The layout features two well-presented double bedrooms with built-in wardrobes, a bright living/dining room, a modern breakfast kitchen and a contemporary three-piece bathroom. The apartment benefits from recent double glazing, mains gas central heating and an allocated off-street parking space outside the building.
Practical running costs are a clear advantage: a 999-year lease from 1989 (964 years remaining), very low service charge (£20 pa) and modest ground rent (£100 pa). Council Tax is Band A, keeping ongoing bills low. The property is compact at about 658 sq ft and will suit buyers seeking a manageable, low-cost home or an investment let close to town centre amenities and transport links.
Buyers should note material downsides: the wider area scores high on deprivation and recorded crime is above average, which may affect resale or rental values. The block’s exterior shows typical 1980s concrete construction and communal upkeep may be required over time. Walls are cavity construction with assumed no added insulation, so buyers seeking high energy efficiency may need to consider improvements.
Overall this apartment represents a pragmatic, low-cost purchase with solid leasehold terms and low charges. It is best suited to first-time buyers or investors prepared to accept local area challenges in exchange for a centrally located, affordable property. Early internal viewing is recommended to assess fit and maintenance expectations.