Move-in ready city apartment ideal for first-time buyers or rental investors.
Fourth-floor two-bedroom apartment with balcony and river views
Open-plan lounge/kitchen/diner, ready to move into
463 sq ft — compact city flat suited to downsizers or first buyers
125 years remaining on lease — long lease term
Service charge £2,206 per annum; communal maintenance included
Ground rent £590 per annum — notably high ongoing cost
Electric room heaters only — higher running costs likely
Located in a busy, cosmopolitan area with very high local crime rates
Step into a smart, two-bedroom apartment in central Lancaster, ideal for a first-time buyer or investor seeking low-maintenance city living. The open-plan lounge/kitchen/diner and two well-proportioned bedrooms are presented ready to move into, with contemporary double glazing and a recent build feel from the 2000s.
The flat sits on the fourth floor with a balcony and river views from the modern building; communal gardens provide outdoor space without private upkeep. Broadband speeds are fast and mobile signal is excellent — well suited to home working or student renters. The 125-year lease remaining gives long-term security for owners.
Be aware of running costs: an annual service charge of £2,206 and a ground rent of £590 apply. Heating is by electric room heaters rather than a central system, which can increase energy costs. The property is in a busy, cosmopolitan neighbourhood with very high local crime rates; this central location suits someone prioritising convenience over quiet seclusion.
Overall, this compact 463 sq ft flat offers easy, modern city living in a well-connected spot close to shops, universities and transport links. It will particularly appeal to buyers seeking a turn-key home or a rental-ready investment in Lancaster city centre.
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