3 Bed Terraced House, Single Let, Lancaster, LA1 2HG, £155,000

26 Howgill Avenue, Lancaster, Lancashire, LA1 2HG - 3 views - 2 years ago

BTL
ROI: 4%
80 m²
+5 photos

ValuationOvervalued

Sold Prices£78.5K - £270K
Sold Prices/m²£1K/m² - £3.4K/m²

 

 

Square Metres

80 m²
Price/m²£1.9K/m²

Value Estimate

£140,743

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£750 - £950

Rent Estimate

£816

Running Costs/mo

£668

Cashflow/mo

£148

Cashflow/yr

£1,781

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £78.5K to £270K, average is £147K. £1K/m² to £3.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£105.5K04/210.05 mi36, Howgill Avenue, Lancaster, Lancashire LA1 2HG3
£120K07/210.05 mi45, Whalley Road, Lancaster, Lancashire LA1 2HE3
£116K11/200.05 mi51, Whalley Road, Lancaster, Lancashire LA1 2HE3
£215K10/230.06 mi2, Green Lane, Lancaster, Lancashire LA1 2EW3
£144K08/210.06 mi3, Green Lane, Lancaster, Lancashire LA1 2EW3
£240K06/230.06 mi4, Green Lane, Lancaster, Lancashire LA1 2EW3
£85K10/210.08 mi49, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£160K12/220.08 mi48, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£140K10/230.08 mi9, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£135K07/230.08 mi47, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£131K10/230.1 mi7, Howgill Avenue, Lancaster, Lancashire LA1 2HF3
£155K08/210.11 mi37, Green Lane, Lancaster, Lancashire LA1 2ES3
£126K09/210.16 mi15, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£139.9K05/230.16 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£108K01/210.16 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£188K09/230.17 mi12, Leyburn Road, Lancaster, Lancashire LA1 2HZ3
£200K10/230.19 mi6, Tall Trees, Lancaster, Lancashire LA1 2LD3
£192K09/230.21 mi29, Tan Hill Drive, Lancaster, Lancashire LA1 2JB3
£150K02/210.22 mi5, Wensley Drive, Lancaster, Lancashire LA1 2JA3
£195K05/230.23 mi11, Pollard Place, Lancaster, Lancashire LA1 2EL3
£160.1K07/210.23 mi6, Newby Drive, Lancaster, Lancashire LA1 2HY3
£165K10/210.23 mi12, Newby Drive, Lancaster, Lancashire LA1 2HY3
£125K05/230.28 mi45, Slyne Road, Lancaster, Lancashire LA1 2JH3
£200K07/210.31 mi13, Halton Road, Lancaster, Lancashire LA1 2EA3
£250K03/240.31 mi11, Halton Road, Lancaster, Lancashire LA1 2EA3
£155K03/210.35 mi80, Vale Road, Lancaster, Lancashire LA1 2JL3
£229.9K04/210.37 mi22, Slyne Road, Lancaster, Lancashire LA1 2HU3
£160K10/230.38 mi3, Vale Road, Lancaster, Lancashire LA1 2JN3
£143.5K03/240.38 mi7, Vale Road, Lancaster, Lancashire LA1 2JN3
£86K12/200.38 mi16, Bank Road, Lancaster, Lancashire LA1 2DG3
£215K02/240.38 mi48, Slyne Road, Lancaster, Lancashire LA1 2HU3
£270K09/230.38 mi8, Slyne Road, Lancaster, Lancashire LA1 2HU3
£210K05/230.41 mi9, Baker Street, Lancaster, Lancashire LA1 2ND3
£164K12/200.41 mi7, Baker Street, Lancaster, Lancashire LA1 2ND3
£103K03/210.43 mi48, Aldrens Lane, Lancaster, Lancashire LA1 2DT3
£210K08/230.43 mi23, Barley Cop Lane, Lancaster, Lancashire LA1 2NB3
£141.5K12/200.47 mi177, Main Street, Lancaster, Lancashire LA1 2DD3
£122.5K03/210.47 mi8, Mayfield Avenue, Lancaster, Lancashire LA1 2NX3
£78.5K07/230.47 mi9, Ravens Close, Lancaster, Lancashire LA1 2NT3
£137K12/230.47 mi6, Mayfield Avenue, Lancaster, Lancashire LA1 2NX3
£136K01/210.48 mi35, Greenset Close, Lancaster, Lancashire LA1 2PW3
£125K08/230.48 mi27, Broadway, Lancaster, Lancashire LA1 2BX3
£120K05/210.49 mi32, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£128K04/210.49 mi53, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£150K11/200.49 mi9, Fairhope Avenue, Lancaster, Lancashire LA1 2LY3
£168K12/200.49 mi10, Clare Road, Lancaster, Lancashire LA1 2LX3
£182K03/210.5 mi35, Noel Road, Lancaster, Lancashire LA1 2LZ3
£172K01/210.5 mi17, Barley Cop Lane, Lancaster, Lancashire LA1 2NQ3
£125K09/230.5 mi11, Hammerton Hall Close, Lancaster, Lancashire LA1 2JX3
£135K07/210.52 mi121, Barley Cop Lane, Lancaster, Lancashire LA1 2PH3

Local Rents

16 rents from £750/mo to £950/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£75005/240 miHowgill Avenue, Lancaster3
£90004/240.08 mi-3
£90004/240.08 miBeaumont Place, Lancaster, LA13
£95006/240.09 mi-3
£95006/240.09 miBeaumont Place, Lancaster, LA13
£87506/240.2 mi-3
£87505/240.2 miAughton Court, Lancaster, LA13
£75003/250.21 miHeronsyke, Lancaster, LA13
£87507/240.28 mi-3
£82509/240.28 mi-3
£88005/240.35 miVale Road, Lancaster, LA13
£87506/240.36 mi-3
£87503/250.36 mi-3
£80007/230.49 mi-3
£85008/240.49 mi-3
£87505/240.55 miClare Road, Lancaster, LA13

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

1.95 miles away

Nearest school

0.20 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £155,000

May 24, 2023

Sold for £49,000

2005

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE CLICK ON THE VIDEO TOUR ABOVE +
  • End Terraced House In Cul De Sac Location +
  • Fantastic Sized Plot, Three Bedrooms, Modern Fitted Kitchen +
  • Gas Central Heating, Double Glazing, Great Starter Home +
  • Convenient Location, Internal Inspection Highly Recommended +

A cul de sac located end terraced house occupying a fantastic sized plot ideal for those looking to take their first steps onto the property ladder.

The property is double glazed, warmed by a gas fired central heating system with internal inspection highly recommended.

Hallway, lounge, lovely modern fitted kitchen diner, three bedrooms and a three piece family bathroom.

Well placed for local amenities and easy access of the city centre.

Internal inspection comes highly recommended.

Council Tax Information: Band A

Agent Note
In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Agent Details

Farrell Heyworth, Lancaster & North Lancashire

01524 938556

Next Steps?

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