2 Bed Terraced House, Single Let, Lancaster, LA1 3DT, £175,000

Ayr Street, Lancaster, LA1 3DT - a year ago

BTL
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£103K - £211K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£139,965

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Total Cash In

£53,700

 

 

Cash Out

 

Rent Range

£498 - £1,647

Rent Estimate

£650

Running Costs/mo

£697

Cashflow/mo

£-47

Cashflow/yr

£-562

Gross Yield

4%

Local Sold Prices

50 sold prices from £103K to £211K, average is £135K. £1.5K/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£152K07/230.01 mi17, Dundee Street, Lancaster, Lancashire LA1 3DS2
£119K06/210.01 mi18, Dundee Street, Lancaster, Lancashire LA1 3DS2
£115K04/230.01 mi9, Dundee Street, Lancaster, Lancashire LA1 3DS2
£117K12/200.03 mi70, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£125K09/210.03 mi74, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£159K07/230.03 mi92, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£105K11/200.03 mi33, Perth Street, Lancaster, Lancashire LA1 3DR2
£142K06/230.03 mi15, Gregson Road, Lancaster, Lancashire LA1 3DH2
£121.5K05/210.03 mi41, Gregson Road, Lancaster, Lancashire LA1 3DH2
£210K02/230.05 mi6, Kirkes Road, Lancaster, Lancashire LA1 3DW2
£150K12/200.05 mi61, Kirkes Road, Lancaster, Lancashire LA1 3DW2
£108.5K12/210.06 mi14, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£127.5K11/210.06 mi29, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£140K07/230.06 mi14, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£163.5K01/240.06 mi4, Ayr Street, Lancaster, Lancashire LA1 3DT2
£131.4K03/210.06 mi1, Ayr Street, Lancaster, Lancashire LA1 3DT2
£145K12/200.07 mi11, Kirkes Road, Lancaster, Lancashire LA1 3DP2
£140K03/230.08 mi5, Elgin Street, Lancaster, Lancashire LA1 3DG2
£103K02/210.08 mi35, Elgin Street, Lancaster, Lancashire LA1 3DG2
£130K12/230.08 mi6, Tarbet Street, Lancaster, Lancashire LA1 3DN2
£189.9K05/210.09 mi48, Wyresdale Road, Lancaster, Lancashire LA1 3DU2
£161K05/230.1 mi22, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£124K03/210.1 mi38, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£126.8K02/210.1 mi62, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£158K05/230.1 mi62, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£131K04/210.1 mi20, Argyle Street, Lancaster, Lancashire LA1 3DD2
£150K10/230.1 mi17, Argyle Street, Lancaster, Lancashire LA1 3DD2
£134K03/230.11 mi54, Melrose Street, Lancaster, Lancashire LA1 3DL2
£135K03/240.11 mi10, Melrose Street, Lancaster, Lancashire LA1 3DL2
£129K10/230.11 mi38, Melrose Street, Lancaster, Lancashire LA1 3DL2
£211K10/220.11 mi19, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£187.5K12/210.12 mi23, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£195K12/230.12 mi27, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£124.5K03/210.12 mi17, Clarence Street, Lancaster, Lancashire LA1 3BG2
£117K04/210.13 mi13, Stirling Road, Lancaster, Lancashire LA1 3DE2
£120K02/230.13 mi8, Vincent Street, Lancaster, Lancashire LA1 3BA2
£146.5K06/210.13 mi31, Vincent Street, Lancaster, Lancashire LA1 3BA2
£132K11/200.13 mi5, Vincent Street, Lancaster, Lancashire LA1 3BA2
£143K12/200.13 mi6, Vincent Street, Lancaster, Lancashire LA1 3BA2
£145K09/230.13 mi20, Vincent Street, Lancaster, Lancashire LA1 3BA2
£132.5K11/210.15 mi30, Langley Road, Lancaster, Lancashire LA1 3AZ2
£140K03/230.15 mi8, Langley Road, Lancaster, Lancashire LA1 3AZ2
£126K10/210.16 mi12, Bradshaw Street, Lancaster, Lancashire LA1 3BE2
£169.9K12/200.17 mi4, Parker Street, Lancaster, Lancashire LA1 3EP2
£138.5K02/210.18 mi6, Bond Street, Lancaster, Lancashire LA1 3ER2
£182K08/230.18 mi76, Prospect Street, Lancaster, Lancashire LA1 3BJ2
£130K03/240.18 mi34, Eastham Street, Lancaster, Lancashire LA1 3AY2
£140K10/230.18 mi29, Eastham Street, Lancaster, Lancashire LA1 3AY2
£115K05/210.19 mi51, Westham Street, Lancaster, Lancashire LA1 3AX2
£135K03/230.19 mi45, Westham Street, Lancaster, Lancashire LA1 3AX2

Local Rents

50 rents from £498/mo to £1.6K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£85004/240.03 miGregson Road, Lancaster2
£70012/240.03 mi-2
£67504/240.04 miGregson Road, Lancaster2
£75002/250.06 mi-2
£75005/240.06 miGregson Road, Lancaster, LA12
£72502/250.06 mi-2
£75004/240.08 miElgin Street, Lancaster2
£65006/240.11 mi-2
£65005/240.11 miQuarry Mount Mews, Lancaster, LA12
£65004/240.12 miArgyle Street, Lancaster2
£70003/240.14 mi-2
£1,00004/240.15 mi-2
£72512/240.17 mi-2
£70003/250.18 mi-2
£75004/240.18 miEastham Street, Lancaster, LA12
£70005/240.18 miEastham Street, Lancaster, LA12
£65905/240.18 miGreenfield Court, Quarry Road, Lancaster, Lancashire, LA12
£65004/240.2 miWestham Street, Lancaster2
£80005/240.2 mi-2
£75006/240.2 miWestham Street, Lancaster, LA12
£73001/250.2 mi-2
£72505/240.2 miWestham Street, Lancaster2
£77505/240.23 miDavidson Street, Lancaster2
£75005/240.26 miSt Peters Road Lancaster2
£90004/240.3 miAalborg Place, Court View House, LA12
£1,10004/240.31 miThe Roundhouse, Robert Street, LA12
£87505/240.33 miNelson Street, Lancaster2
£64105/240.35 miBulk Street, Lancaster2
£77505/240.36 miSouth Road, Lancaster, LA12
£70004/240.37 miThurnham Street, City Centre, Lancaster, LA12
£89506/240.37 mi-2
£92505/240.37 miWhitbarrow Square, Lancaster, LA12
£92506/240.37 miWhitbarrow Square, Lancaster, LA12
£1,05005/240.4 miNightingale House, LA1 4JT2
£82512/240.42 mi-2
£1,10005/240.44 miRoyal View, Knight's Bridge Apartments, Lancaster, LA12
£1,49505/240.45 mi-2
£1,64703/250.45 mi-2
£79504/240.46 miAvondale Road, Lancaster2
£80004/240.49 miThe Colonnade, Lancaster, LA12
£85004/240.5 mi-2
£75006/240.5 mi-2
£75005/240.5 miCromwell Building, Lancaster, LA12
£85002/250.51 mi-2
£1,50004/240.52 miQuernmore Road, Lancaster, Lancashire, LA22
£95012/240.52 mi-2
£85004/240.52 miSwallow Wharf, Troutbeck Road, Lancaster2
£54206/240.53 miBowerham Road, Lancaster2
£49806/240.53 mi83a Bowerham Road, Lancaster2
£67504/240.53 mi-2

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

0.85 miles away

Nearest school

0.10 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £175,000

March 4, 2025

Listed for £180,000

February 29, 2024

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • INVESTMENT OPPORTUNITY Two Bedroom Mid Terrace Home +
  • Two Reception Rooms, Fitted Kitchen, Spacious Rear Yard +
  • Two Good Size Doubles, Family Bathroom, Loft Room For Extra Space +
  • Great Location, Close To Local Shops, Schools & Transport Links +

INVESTMENT OPPORTUNITY

This two bedroom mid terrace home with the bonus of a loft room, is within walking distance to local amenities and public transport.

Internally you will find an entrance hallway, two good size reception rooms, a modern kitchen, two bedrooms, a bathroom suite and a loft space.

To the rear there is an enclosed yard with a wall surround and gated access.

Offered for sale as student let with tenancies set up, further details available upon request.

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?

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