Period features and long lease ideal for buy-to-let or central living.
Two-bedroom second-floor apartment, 641 sq ft
A centrally placed two-bedroom second-floor apartment offering 641 sq ft of period character in the heart of Lancaster. High ceilings, arched stone façade and a spacious lounge give the flat strong rental appeal to students and professionals wanting city-centre living.
The property is leasehold with 997 years remaining, a peppercorn ground rent and council tax band A, making ownership costs unusually low. It is currently tenanted and can be sold with the tenant in situ — a straightforward option for an investor seeking immediate income, or an owner-occupier happy to wait until vacant possession.
Buyers should note some practical issues: the building’s stone walls are assumed uninsulated, glazing install dates are unknown, and service charge details are not provided. The immediate area is classified as deprived with very high recorded crime levels, so consider neighbourhood risk factors alongside rental demand.
Overall this is a strong central-location opportunity for a landlord or buyer looking to add value with modest refurbishment, or to secure long-lease, low-running-cost city accommodation. Virtual viewing is available to assess room sizes and layout before a physical inspection.
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