3 Bed Bungalow, Single Let, Lancaster, LA2 0EF, £265,000

Main Street, Cockerham, Lancaster, LA2 0EF - a year ago

BTL
~94 m²
+6 photos

ValuationOvervalued

Sold Prices£69K - £520K
Sold Prices/m²£943/m² - £4K/m²

 

 

Square Metres

~94 m²
Price/m²£2.8K/m²

Value Estimate

£211,356

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Total Cash In

£76,150

 

 

Cash Out

 

Rent Range

£625 - £1,600

Rent Estimate

£869

Running Costs/mo

£1,022

Cashflow/mo

£-153

Cashflow/yr

£-1,835

Gross Yield

4%

Local Sold Prices

42 sold prices from £69K to £520K, average is £204K. £943/m² to £4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£182K06/210.03 mi10, Main Street, Cockerham, Lancaster, Lancashire LA2 0EF3
£69K11/220.14 mi14, Village Road, Cockerham, Lancaster, Lancashire LA2 0BF3
£262K10/210.15 mi8, Rectory Gardens, Cockerham, Lancaster, Lancashire LA2 0ED3
£299.9K02/240.63 mi4, Marsh Lane, Cockerham, Lancaster, Lancashire LA2 0EJ3
£355K01/231.14 miThornfield, Ratcliffe Wharf Lane, Forton, Preston, Lancashire PR3 0AP3
£305K11/211.41 mi7, Bowland Gardens, Forton, Preston, Lancashire PR3 0BG3
£240K03/211.43 mi22, Ribblesdale Drive, Forton, Preston, Lancashire PR3 0BJ3
£200K05/211.5 mi6, Lakeland Close, Forton, Preston, Lancashire PR3 0AY3
£520K12/211.54 miDove Cote, Wallace Lane, Forton, Preston, Lancashire PR3 0BB3
£170K05/211.54 mi21, Troutbeck Avenue, Forton, Preston, Lancashire PR3 0BD3
£303K06/211.9 miGreenways, Whams Lane, Bay Horse, Lancaster, Lancashire LA2 9BY3
£295K12/231.9 miOverdale, Whams Lane, Bay Horse, Lancaster, Lancashire LA2 9BY3
£240K06/232.24 mi3, Bank Close, Galgate, Lancaster, Lancashire LA2 0NZ3
£222.5K12/222.26 mi55, Vernon Crescent, Galgate, Lancaster, Lancashire LA2 0LX3
£203K06/212.26 mi27, Vernon Crescent, Galgate, Lancaster, Lancashire LA2 0LX3
£225K11/232.3 mi25, Vernon Park, Galgate, Lancaster, Lancashire LA2 0LR3
£220K11/222.31 mi16, Carr Wood Gardens, Galgate, Lancaster, Lancashire LA2 0PB3
£172.5K03/232.33 mi16, Salford Road, Galgate, Lancaster, Lancashire LA2 0LL3
£234K05/212.36 mi5, Rose Grove, Galgate, Lancaster, Lancashire LA2 0PA3
£205K03/242.36 mi18, Rose Grove, Galgate, Lancaster, Lancashire LA2 0PA3
£160K06/212.36 mi16, Birch Avenue, Galgate, Lancaster, Lancashire LA2 0LZ3
£250K11/222.38 mi2, Stoney Lane, Galgate, Lancaster, Lancashire LA2 0JY3
£170K12/202.41 mi27, Meadow Park, Galgate, Lancaster, Lancashire LA2 0NH3
£245K08/232.41 mi13, Meadow Park, Galgate, Lancaster, Lancashire LA2 0NH3
£124K05/232.42 mi13, Main Road, Galgate, Lancaster, Lancashire LA2 0JW3
£208K02/232.42 mi64, Meadow Park, Galgate, Lancaster, Lancashire LA2 0NJ3
£100K06/212.43 mi10, Ash Avenue, Galgate, Lancaster, Lancashire LA2 0NP3
£145K11/222.44 mi10, Ash Avenue, Galgate, Lancaster, Lancashire LA2 0NP3
£114K11/202.44 mi24, Chapel Street, Galgate, Lancaster, Lancashire LA2 0JR3
£124K04/212.44 mi44, Chapel Street, Galgate, Lancaster, Lancashire LA2 0JR3
£140K03/242.45 mi18, Main Road, Galgate, Lancaster, Lancashire LA2 0JH3
£195K06/212.45 mi24b, Main Road, Galgate, Lancaster, Lancashire LA2 0JH3
£190K05/232.46 mi72, Highland Brow, Galgate, Lancaster, Lancashire LA2 0NB3
£225K03/232.47 mi34, Meadow Park, Galgate, Lancaster, Lancashire LA2 0NQ3
£202.5K06/212.49 mi15, Highland Brow, Galgate, Lancaster, Lancashire LA2 0NF3
£195K11/202.5 mi1, Wharfedale, Galgate, Lancaster, Lancashire LA2 0RS3
£265K10/212.56 mi6, Airedale, Galgate, Lancaster, Lancashire LA2 0RR3
£270K04/212.65 miHill Grove, Lancaster New Road, Cabus, Preston, Lancashire PR3 1AB3
£150K07/232.79 mi22, Tithebarn Hill, Glasson Dock, Lancaster, Lancashire LA2 0DQ3
£373K06/212.79 miConder House, Chapel Lane, Ellel, Lancaster, Lancashire LA2 0PW3
£195K12/202.91 mi3, Brook Avenue, Scorton, Preston, Lancashire PR3 1AR3
£177K02/212.96 mi13, Station Lane, Scorton, Preston, Lancashire PR3 1AP3

Local Rents

17 rents from £625/mo to £1.6K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,20012/241.04 miPattys Barn, Hillam Lane, Cockerham, LA21
£1,07503/251.08 mi-2
£1,30004/241.2 miCrimbles Lane, Cockerham, LA24
£1,25012/241.34 miThe Presbytery, Thurnham, LA25
£1,25012/241.41 miBay Horse, Lancaster, Lancashire, LA21
£95012/241.72 miLancaster Road, Forton, Preston, Lancashire2
£1,40006/241.99 miHollins Lane, Forton, Preston3
£1,60012/242.04 miBodkin Drive, Forton, PR34
£62506/242.17 mi-2
£1,15004/242.31 miLaund Gardens, Galgate, LA23
£89504/242.31 miMain Road, Galgate2
£89504/242.32 miMain Road, Galgate2
£1,00002/252.33 mi-4
£89504/242.44 miChapel St, Galgate, LA23
£68003/252.45 mi-1
£1,00004/242.46 mi-4
£82504/242.48 miHighland Brow, Galgate, Lancaster2

Local Area Statistics

Population in LA2

21,979

Population in Lancaster

74,075

Town centre distance

5.33 miles away

Nearest school

0.10 miles away

Nearest train station

6.29 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+7%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £265,000

December 14, 2023

Sold for £146,250

2007

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Extended Detached True Bungalow in Quaint Village of Cockerham +
  • Three Very Good Size Bedrooms, Lounge, and Separate Dining Room +
  • Porch, Hallway, Utility, Ample Off Road Parking +
  • Gardens to Side and Rear, Close to Primary School +

A rare opportunity to acquire a spacious and extended detached true bungalow in the village of Cockerham. The village of Cockerham is within short distance of both Garstang, Lancaster and motorway network both north and south, the property is situated close to Cockerham primary schools and the village amenities.

The accommodation briefly comprises; porch, hallway, lounge, dining room, kitchen, three very good size bedrooms a bathroom and utility room.

Externally the property sits on a great size plot with ample off road parking to the front and a great size garden area to the rear.

Council Tax Information: Band D

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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