For Sale
Lancaster Town House
From £62,000
Projected NET yields up to 16%
For Sale
Lancaster Town House
From £62,000
Projected NET yields up to 16%
Overview
Specification
Location Overview
Lancaster Town House is the refurbishment of an established guest house into 14 high-quality, self-contained apart-hotel units on Caton Road, Lancaster. Every unit includes a private kitchenette with integrated appliances, alongside indoor and outdoor communal facilities and on-site parking.
The development holds C1 commercial planning use and is offered as a cash purchase, with no Stamp Duty payable on purchase prices under £150,000 and a share of freehold granted six months after completion. The build programme is approximately four to five months from legal completion.
The scheme is delivered by Westfield Project 11 Limited, part of the Fortuna Terra Group. Investors can also appoint Guestz, the serviced accommodation arm of Residential Estates, to run the unit on a fully managed basis — covering bookings, dynamic pricing, guest support and owner reporting.
With kitchenette-equipped units well suited to corporate travellers and longer stays, Lancaster Town House offers an accessible entry point into the UK serviced accommodation market in a well-connected, year-round demand location.
Lancaster Town House is the refurbishment of an established guest house into 14 high-quality, self-contained apart-hotel units on Caton Road, Lancaster. Every unit includes a private kitchenette with integrated appliances, alongside indoor and outdoor communal facilities and on-site parking.
The development holds C1 commercial planning use and is offered as a cash purchase, with no Stamp Duty payable on purchase prices under £150,000 and a share of freehold granted six months after completion. The build programme is approximately four to five months from legal completion.
The scheme is delivered by Westfield Project 11 Limited, part of the Fortuna Terra Group. Investors can also appoint Guestz, the serviced accommodation arm of Residential Estates, to run the unit on a fully managed basis — covering bookings, dynamic pricing, guest support and owner reporting.
With kitchenette-equipped units well suited to corporate travellers and longer stays, Lancaster Town House offers an accessible entry point into the UK serviced accommodation market in a well-connected, year-round demand location.
Specification
Lancaster Town House is the refurbishment of an established guest house into 14 high-quality, self-contained apart-hotel units on Caton Road, Lancaster. Every unit includes a private kitchenette with integrated appliances, alongside indoor and outdoor communal facilities and on-site parking.
The development holds C1 commercial planning use and is offered as a cash purchase, with no Stamp Duty payable on purchase prices under £150,000 and a share of freehold granted six months after completion. The build programme is approximately four to five months from legal completion.
The scheme is delivered by Westfield Project 11 Limited, part of the Fortuna Terra Group. Investors can also appoint Guestz, the serviced accommodation arm of Residential Estates, to run the unit on a fully managed basis — covering bookings, dynamic pricing, guest support and owner reporting.
With kitchenette-equipped units well suited to corporate travellers and longer stays, Lancaster Town House offers an accessible entry point into the UK serviced accommodation market in a well-connected, year-round demand location.
Location Overview
Overview
Lancaster Town House is the refurbishment of an established guest house into 14 high-quality, self-contained apart-hotel units on Caton Road, Lancaster. Every unit includes a private kitchenette with integrated appliances, alongside indoor and outdoor communal facilities and on-site parking.
The development holds C1 commercial planning use and is offered as a cash purchase, with no Stamp Duty payable on purchase prices under £150,000 and a share of freehold granted six months after completion. The build programme is approximately four to five months from legal completion.
The scheme is delivered by Westfield Project 11 Limited, part of the Fortuna Terra Group. Investors can also appoint Guestz, the serviced accommodation arm of Residential Estates, to run the unit on a fully managed basis — covering bookings, dynamic pricing, guest support and owner reporting.
With kitchenette-equipped units well suited to corporate travellers and longer stays, Lancaster Town House offers an accessible entry point into the UK serviced accommodation market in a well-connected, year-round demand location.
Investment Highlights
Investment Highlights
• Prices from £62,000 • Projected NET yields up to 16% • 14 self-contained apart-hotel units • Private kitchenette in every unit • Share of freehold — granted 6 months after completion • No Stamp Duty on prices under £150,000 • C1 commercial planning use • Fully managed, hands-off option available • 10 minutes' walk to Lancaster Railway Station • Strong university, tourism and corporate demand
From £62,000
From £62,000
From £62,000
Projected NET yields up to 16%
Interested in learning more?
Submit your details below to receive the full investment pack, pricing information, floor plans and current availability.