2 Bed Terraced House, Single Let, Lancaster, LA1 1QX, £145,000

12 Denis Street, Lancaster, Lancashire, LA1 1QX - 2 years ago

Sold STC
BTL
ROI: 1%
63 m²
+6 photos

ValuationOvervalued

Sold Prices£100.5K - £261.5K
Sold Prices/m²£1.3K/m² - £3.3K/m²

 

 

Square Metres

63 m²
Price/m²£2.3K/m²

Value Estimate

£131,452

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£641 - £1,647

Rent Estimate

£650

Running Costs/mo

£603

Cashflow/mo

£47

Cashflow/yr

£563

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £100.5K to £261.5K, average is £142.5K. £1.3K/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£145K09/230 mi16, Denis Street, Lancaster, Lancashire LA1 1QX2
£117.5K03/240 mi10, Denis Street, Lancaster, Lancashire LA1 1QX2
£160K03/240.06 mi26, Nun Street, Lancaster, Lancashire LA1 3PJ2
£147K01/230.09 mi18, Mill Street, Lancaster, Lancashire LA1 3PL2
£100.5K11/200.09 mi28, Mill Street, Lancaster, Lancashire LA1 3PL2
£165K01/230.1 mi20, Mill Street, Lancaster, Lancashire LA1 3PL2
£185K06/210.11 mi5, Garnet Street, Lancaster, Lancashire LA1 3PN2
£170K11/210.11 mi24, Garnet Street, Lancaster, Lancashire LA1 3PN2
£160K05/230.11 mi23, Garnet Street, Lancaster, Lancashire LA1 3PN2
£117K04/210.12 mi7, Woodville Street, Lancaster, Lancashire LA1 3QD2
£102K03/230.13 mi25, Albion Street, Lancaster, Lancashire LA1 1DY2
£132K08/230.13 mi15, Melbourne Road, Lancaster, Lancashire LA1 3QB2
£178K03/210.14 mi7, Bath Mill Lane, Lancaster, Lancashire LA1 3QJ2
£140K03/230.15 mi29, Bulk Road, Lancaster, Lancashire LA1 1DN2
£250K10/230.15 mi1, Dalton Road, Lancaster, Lancashire LA1 3PR2
£126K05/230.15 mi5, Green Street, Lancaster, Lancashire LA1 1DZ2
£155K03/230.21 mi12, Grasmere Road, Lancaster, Lancashire LA1 3HE2
£157K06/210.21 mi41, Grasmere Road, Lancaster, Lancashire LA1 3HE2
£179.9K12/200.21 mi43, Grasmere Road, Lancaster, Lancashire LA1 3HE2
£108.7K10/230.21 mi27, St Peters Road, Lancaster, Lancashire LA1 3BS2
£150K08/230.22 mi83, Grasmere Road, Lancaster, Lancashire LA1 3HB2
£194.2K12/200.25 mi8, Rydal Road, Lancaster, Lancashire LA1 3HA2
£160K02/210.25 mi42, Windermere Road, Lancaster, Lancashire LA1 3EX2
£219K11/230.25 mi2, Windermere Road, Lancaster, Lancashire LA1 3EX2
£261.5K11/230.25 mi45, Windermere Road, Lancaster, Lancashire LA1 3EX2
£170K09/210.27 mi45, Park Road, Lancaster, Lancashire LA1 3EJ2
£154K12/200.27 mi34, Park Road, Lancaster, Lancashire LA1 3EJ2
£172K01/240.27 mi32, Park Road, Lancaster, Lancashire LA1 3EJ2
£175K01/230.28 mi89, Windermere Road, Lancaster, Lancashire LA1 3EZ2
£138.5K02/210.31 mi6, Bond Street, Lancaster, Lancashire LA1 3ER2
£128.5K01/230.31 mi17, Earl Street, Lancaster, Lancashire LA1 2AF2
£145K02/230.32 mi27, Earl Street, Lancaster, Lancashire LA1 2AF2
£107.5K01/210.32 mi33, Earl Street, Lancaster, Lancashire LA1 2AF2
£110K12/200.32 mi38, Earl Street, Lancaster, Lancashire LA1 2AF2
£118.5K10/230.32 mi49, Earl Street, Lancaster, Lancashire LA1 2AF2
£120K10/230.32 mi15, Earl Street, Lancaster, Lancashire LA1 2AF2
£121.5K03/240.32 mi26, Lune Terrace, Lancaster, Lancashire LA1 2AQ2
£169.9K12/200.33 mi4, Parker Street, Lancaster, Lancashire LA1 3EP2
£134K03/230.33 mi54, Melrose Street, Lancaster, Lancashire LA1 3DL2
£135K03/240.33 mi10, Melrose Street, Lancaster, Lancashire LA1 3DL2
£129K10/230.33 mi38, Melrose Street, Lancaster, Lancashire LA1 3DL2
£117K04/210.34 mi13, Stirling Road, Lancaster, Lancashire LA1 3DE2
£130K12/230.37 mi6, Tarbet Street, Lancaster, Lancashire LA1 3DN2
£131K04/210.38 mi20, Argyle Street, Lancaster, Lancashire LA1 3DD2
£150K10/230.38 mi17, Argyle Street, Lancaster, Lancashire LA1 3DD2
£145K12/200.38 mi11, Kirkes Road, Lancaster, Lancashire LA1 3DP2
£140K03/230.39 mi5, Elgin Street, Lancaster, Lancashire LA1 3DG2
£103K02/210.39 mi35, Elgin Street, Lancaster, Lancashire LA1 3DG2
£108.5K12/210.4 mi14, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£127.5K11/210.4 mi29, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2

Local Rents

50 rents from £641/mo to £1.6K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89506/240.07 mi-2
£92505/240.07 miWhitbarrow Square, Lancaster, LA12
£92506/240.07 miWhitbarrow Square, Lancaster, LA12
£85004/240.15 miSwallow Wharf, Troutbeck Road, Lancaster2
£64105/240.19 miBulk Street, Lancaster2
£85001/250.2 mi-2
£85004/240.2 mi-2
£75006/240.2 mi-2
£75005/240.2 miCromwell Building, Lancaster, LA12
£95012/240.21 mi-2
£75005/240.22 miSt Peters Road Lancaster2
£75004/240.25 miBridge Square Apartments, Kingsway, Lancaster, LA12
£75005/240.25 miBridge Square Apartments, Kingsway, Lancaster, LA12
£73001/250.26 mi-2
£75005/240.27 miWater Street, Lancaster, LA12
£77505/240.28 miDavidson Street, Lancaster2
£70003/240.3 mi-2
£1,10004/240.31 miThe Roundhouse, Robert Street, LA12
£87505/240.31 miNelson Street, Lancaster2
£70004/240.32 miEarl Street, Lancaster, LA12
£71505/240.33 mi-2
£65905/240.34 miGreenfield Court, Quarry Road, Lancaster, Lancashire, LA12
£90004/240.34 miAalborg Place, Court View House, LA12
£90012/240.37 mi-2
£87505/240.37 miDamside Street, Lancaster2
£97504/240.37 miLune Square, Damside Street2
£94505/240.37 miLune Square, Lancaster, LA12
£89505/240.37 miLune Square, Lancaster, LA12
£65004/240.38 miArgyle Street, Lancaster2
£75004/240.38 miElgin Street, Lancaster2
£75005/240.38 miGregson Road, Lancaster, LA12
£75002/250.39 mi-2
£70004/240.4 miThurnham Street, City Centre, Lancaster, LA12
£67504/240.4 miGregson Road, Lancaster2
£72502/250.4 mi-2
£65006/240.41 mi-2
£65005/240.41 miQuarry Mount Mews, Lancaster, LA12
£85004/240.41 miGregson Road, Lancaster2
£89501/250.42 mi-2
£1,20005/240.43 mi-2
£1,20004/240.44 miWindermere House, Middle St, Lancaster, LA12
£70012/240.44 mi-2
£1,05005/240.44 miMiddle Street, Windermere House Middle Street, LA12
£89505/240.45 mi-2
£1,05005/240.47 miNightingale House, LA1 4JT2
£99505/240.47 mi27 Castle Hill, Lancaster2
£92505/240.48 miHigh Street, Lancaster2
£89504/240.48 miFenton Court, Fenton Street, Lancaster2
£1,49505/240.48 mi-2
£1,64702/250.48 mi-2

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

1 miles away

Nearest school

0.30 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £145,000

July 13, 2023

Sold for £95,000

2006

Sold for £32,950

1996

Sold for £30,067

1996

Floor Plans

Description

  • Two Bedroom Mid Terraced House +
  • Close to City Centre +
  • Gas Central Heating +
  • Double Glazed Throughout +
  • On Street Permit Parking +
  • Short Walk to Town Centre, Bus Station, Train Station and Canal +
  • Two Bathrooms +
  • Private Garden +
  • No Chain +

A fantastic opportunity to purchase this well presented traditional two bedroom mid terraced house on Denis Street, Lancaster. Conveniently located on the perimeter of the City Centre giving access to all its amenities including bars, restaurants, cafes, a variety of shops, banks, GP surgery and much more. The property briefly comprises, to the ground floor: lounge, kitchen, downstairs bathroom. To the first floor: two double bedrooms, one with en-suite shower room to the rear. Externally the property has a small enclosed garden.  Denis Street is covered by residents parking zone C, on street parking is available to the surrounding streets.  Further benefits include gas central heating and double glazing throughout. A short walk to access the Lancaster Canal towpath, City Centre, Bus Station and Train Station.  Access to the M6 J34 North and South is conveniently 5 minutes away at the other end of Caton Road.  EPC rating: D. Tenure: Freehold,

Agent Details

Fisher Wrathall, Lancaster

01524 967560

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪