2 Bed Terraced House, Single Let, Carnforth, LA5 9EA, £170,000

136 Lancaster Road, Carnforth, Lancashire, LA5 9EA - 2 views - 9 months ago

Sold STC
BTL
~110 m²
+21 photos

ValuationUndervalued

Sold Prices£93K - £292K
Sold Prices/m²£1.3K/m² - £3.6K/m²

 

 

Square Metres

~110.18 m²
Price/m²£1.5K/m²

Value Estimate

£209,100
BMV23%

Cashflows

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Refurb Costs

£44,508

Total Cash In

£95,652

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Rent Range

£575 - £1,750

Rent Estimate

£609

Running Costs/mo

£673

Cashflow/mo

£-64

Cashflow/yr

£-769

Gross Yield

4%

Local Sold Prices

50 sold prices from £93K to £292K, average is £144K. £1.3K/m² to £3.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£157K04/210.03 mi126, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£185K10/220.03 mi138, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£185K12/220.03 mi9, Victoria Street, Carnforth, Lancashire LA5 9DP2
£185K12/220.03 mi146, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£155K01/210.03 mi8, Victoria Street, Carnforth, Lancashire LA5 9DP2
£159.3K04/230.04 mi27, Victoria Street, Carnforth, Lancashire LA5 9ED2
£142K06/210.08 mi137, Lancaster Road, Carnforth, Lancashire LA5 9EE2
£148K04/210.13 mi18, King Street, Carnforth, Lancashire LA5 9DU2
£160K07/230.13 mi14, Towpath Walk, Carnforth, Lancashire LA5 9JS2
£142.5K01/210.14 mi37, Grosvenor Place, Carnforth, Lancashire LA5 9DL2
£137K09/210.16 mi43, Hill Street, Carnforth, Lancashire LA5 9DY2
£136K04/230.16 mi14, Hill Street, Carnforth, Lancashire LA5 9DY2
£143K07/230.16 mi41, Hill Street, Carnforth, Lancashire LA5 9DY2
£105K02/210.16 mi41, Hill Street, Carnforth, Lancashire LA5 9DY2
£112K04/210.16 mi27, Hill Street, Carnforth, Lancashire LA5 9DY2
£130K12/200.16 mi2, Hill Street, Carnforth, Lancashire LA5 9DY2
£136K12/220.16 mi6, Hill Street, Carnforth, Lancashire LA5 9DY2
£140K10/220.18 mi17, Stanley Street, Carnforth, Lancashire LA5 9DX2
£287.5K11/220.18 mi4, Longfield Drive, Crag Bank, Carnforth, Lancashire LA5 9EJ2
£200K05/210.21 mi9, Longfield Drive, Carnforth, Lancashire LA5 9EJ2
£145.1K12/220.22 mi13, Oxford Street, Carnforth, Lancashire LA5 9LG2
£125K03/210.24 mi33, Jesson Way, Carnforth, Lancashire LA5 9UR2
£165K02/230.24 mi15, Jesson Way, Carnforth, Lancashire LA5 9UR2
£252K07/230.24 mi8, Longmere Crescent, Carnforth, Lancashire LA5 9EW2
£292K12/200.26 mi7, Longacre Close, Carnforth, Lancashire LA5 9EN2
£152.5K08/230.26 mi45, Haws Hill, Carnforth, Lancashire LA5 9DD2
£290K06/230.27 mi3, Bowland Close, Carnforth, Lancashire LA5 9UP2
£120K03/210.27 mi23, Haws Hill, Carnforth, Lancashire LA5 9DD2
£170K11/200.28 mi9, Crag Bank Road, Carnforth, Lancashire LA5 9EG2
£140K12/200.29 mi11, Johnson Close, Carnforth, Lancashire LA5 9UJ2
£152.5K08/230.29 mi10, New Street, Carnforth, Lancashire LA5 9BX2
£155K12/220.29 mi19, Haws Hill, Carnforth, Lancashire LA5 9DD2
£155K08/210.3 mi35, Bridgeside, Carnforth, Lancashire LA5 9LF2
£125K12/200.3 mi11, Edward Street, Carnforth, Lancashire LA5 9DA2
£107.5K12/200.3 mi3, Edward Street, Carnforth, Lancashire LA5 9DA2
£225K06/210.32 mi2, Crag Bank Crescent, Carnforth, Lancashire LA5 9EQ2
£132.5K12/220.34 mi9, Preston Street, Carnforth, Lancashire LA5 9BY2
£145K11/220.36 mi7, The Parade, Carnforth, Lancashire LA5 9JF2
£135K11/200.37 mi4, Calder Close, Carnforth, Lancashire LA5 9UT2
£100K10/200.37 mi87, Market Street, Carnforth, Lancashire LA5 9LL2
£110K06/230.37 mi83, Market Street, Carnforth, Lancashire LA5 9LL2
£110K11/200.38 mi21, Hunting Hill Road, Carnforth, Lancashire LA5 9JQ2
£176.5K10/200.38 mi23, Hunting Hill Road, Carnforth, Lancashire LA5 9JQ2
£140K05/230.41 mi73, North Road, Carnforth, Lancashire LA5 9NA2
£97.3K12/200.41 mi86, North Road, Carnforth, Lancashire LA5 9NA2
£155K03/230.42 mi43, The Drive, Carnforth, Lancashire LA5 9JG2
£148K12/220.42 mi99, Crag Bank Road, Carnforth, Lancashire LA5 9JB2
£140K11/200.42 mi95, Crag Bank Road, Carnforth, Lancashire LA5 9JB2
£115K11/220.45 mi130, Kellet Road, Carnforth, Lancashire LA5 9LS2
£93K05/210.45 mi49, Highfield Road, Carnforth, Lancashire LA5 9AH2

Local Rents

30 rents from £575/mo to £1.8K/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£95012/240.13 mi-3
£65003/250.23 mi-1
£60012/240.23 mi-1
£75004/240.27 miJohn Street, Carnforth, Lancashire, LA5 9ER1
£87504/240.29 miEdward Street, Carnforth3
£1,25004/240.3 miLancaster Road, Carnforth, LA54
£79505/240.3 miHoward Mews, Carnforth, LA5 9UH2
£95003/250.4 mi-3
£67508/240.43 mi-2
£79504/240.44 miNorth Road, Carnforth, LA52
£65004/240.48 mi-2
£59504/240.77 mi-2
£70004/240.78 miAlbert Street, Millhead, Carnforth2
£61505/240.78 mi22 Albert Street, Millhead, Carnforth, Lancashire, LA5 9DR1
£57505/240.81 mi-2
£65005/240.86 mi-2
£1,15012/240.86 mi-3
£1,05004/241.05 miLymmcott, 43 Hawthorn Road, Bolton Le Sands, Carnforth, LA5 8EH2
£67512/241.12 mi-1
£89505/241.26 miMill Lane, Bolton Le Sands, Carnforth3
£89505/241.26 miMill Lane, Bolton Le Sands, Carnforth3
£59502/241.43 mi-2
£1,25002/251.47 mi-2
£92504/241.47 mi-2
£97505/241.51 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£1,75004/241.57 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£1,50004/241.59 miShaw Lane, Nether Kellet, Carnforth, Lancashire4
£99504/241.63 miFern Lea, Bolton Le Sands, Carnforth2
£1,05005/242.2 miSwallow Close, Bolton Le Sands, Carnforth2
£65012/242.26 mi-2

Local Area Statistics

Population in LA5

16,353

Population in Carnforth

29,230

Town centre distance

1.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.40 miles away

 

 

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £170,000

September 25, 2024

Listed for £180,000

July 8, 2024

Floor Plans

Description

  • Traditional Mid Terraced Home +
  • Two Double Bedrooms +
  • Two Reception Rooms +
  • Some Modernisation Required +
  • Well Presented Divorced Rear Garden +
  • Off Street Parking +
  • No Chain Delay +
  • Close to Local Amenities and Transport Links +
  • Primary and Secondary Schools Nearby +
  • Ultrafast Broadband Available* +

Description 136 Lancaster Road is a charming Victorian terrace, featuring two reception rooms, two double bedrooms, a well-appointed kitchen with a separate utility/downstairs W.C.

Boasting a well-presented divorced garden and convenient off-street parking, whilst being located in the popular market town of Carnforth, it is within close proximity to the Lancaster Canal and the town centre amenities making it an ideal choice for first-time buyers or families. 

Location Situated within walking distance of Carnforth Town Centre, nearby amenities include shops, post office, primary and secondary schools. Lancaster canal is opposite to the front elevation, with delightful walks and cycle routes along the tow path.

Nearby transport links include Carnforth train station, local bus routes and access to the M6 motorway which provide links to areas further afield - making the property a perfect base for both work and leisure reasons. 

Property Overview As you step into the hallway, the traditional features, including the elegant dado rail and coving, immediately set a refined tone for the rest of this deceptively spacious home.

To your right, the first reception room awaits boasts a beautiful bay window that floods the space with natural light. The second reception room offers versatility, ready to be transformed into a dining room, hobby room, or home office, perfectly tailored to your personal touch. This room flows seamlessly into the kitchen, which is equipped with a range of wall and base units, a complementary worktop, and a tile splashback. The kitchen also grants access to a handy downstairs utility/W.C., the cellar, and the rear patio garden. The cellar, complete with power and lighting, offers ideal storage solutions.

To the first floor you will find two generously proportioned double bedrooms each having ample space for all your furniture needs, and Bedroom two has the added bonus of delightful views over the cricket pitch and beyond. Completing the first floor is the shower room, featuring a contemporary walk-in shower with aqua panelling surround, a pedestal sink, a W.C., and a linen cupboard. 

Outside & Parking To the rear, the property boasts a low-maintenance enclosed patio. Additionally, there is a fantastic detached garden showcasing an array of flowers and shrubs, along with a lawn area perfect for keen gardeners. Beyond the garden lies the cricket pitch and for added convenience, off-street parking is available at the rear of the property. 

Directions From the Hackney & Leigh Carnforth Office, turn right and proceed north on Market Street. Turn right at the traffic lights onto Lancaster Road and continue past Tesco, 136 Lancaster Road is located on the right hand side.  

What3Words ///deeds.muted.ringers 

Accommodation with approximate dimensions  

Living Room 13' 10" x 11' 2" (4.22m x 3.4m)  

Dining Room 12' 11" x 11' 3" (3.94m x 3.43m)  

Kitchen 9' 11" x 8' 4" (3.02m x 2.54m)  

Cellar 13' 11" x 11' 0" (4.24m x 3.35m)  

Bedroom One 14' 8" x 11' 2" (4.47m x 3.4m)  

Bedroom Two 13' 2" x 7' 10" (4.01m x 2.39m)  

Property Information  

Services Mains gas, water and electricity. 

Council Tax Band A - Lancaster City Council 

Tenure Freehold. Vacant possession upon completion 

Viewings Strictly by appointment with Hackney & Leigh Carnforth Office.  

Energy Performance Certificate The full Energy Performance Certificate is available on our website and also at any of our offices. 

Anti-Money Laundering Regulations (AML) Please note that when an offer is accepted on a property, we must follow government legislation and carry out identification checks on all buyers under the Anti-Money Laundering Regulations (AML). We use a specialist third-party company to carry out these checks at a charge of £42.67 (inc. VAT) per individual or £36.19 (incl. vat) per individual, if more than one person is involved in the purchase (provided all individuals pay in one transaction). The charge is non-refundable, and you will be unable to proceed with the purchase of the property until these checks have been completed. In the event the property is being purchased in the name of a company, the charge will be £120 (incl. vat).

Agent Details

Hackney & Leigh, Carnforth

01524 235887

Next Steps?

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