3 Bed Terraced House, Public Notice, Lancaster, LA1 2BJ, £137,750

Pinfold Lane, Lancaster, Lancashire, LA1 2BJ - 1 views - 9 months ago

BTL
ROI: 2%
~81 m²
+6 photos

ValuationUndervalued

Sold Prices£75K - £270K
Sold Prices/m²£1K/m² - £2.5K/m²

 

 

Square Metres

~80.70 m²
Price/m²£1.7K/m²

Value Estimate

£146,149
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,438

Stamp Duty & Legal Fees

£8,088

Total Cash In

£42,525

 

 

Cash Out

 

Rent Range

£607 - £1,500

Rent Estimate

£634

Running Costs/mo

£577

Cashflow/mo

£57

Cashflow/yr

£681

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £75K to £270K, average is £151K. £1K/m² to £2.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£95K09/210 mi66, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£165K03/240 mi79, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£114K11/200 mi84, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£115K05/230 mi34, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£119K05/210.01 mi79, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£116.5K07/230.02 mi10, Norfolk Street, Lancaster, Lancashire LA1 2BW3
£75K11/200.03 mi65, Norfolk Street, Lancaster, Lancashire LA1 2BP3
£105K04/230.03 mi77, Norfolk Street, Lancaster, Lancashire LA1 2BP3
£125K08/230.06 mi27, Broadway, Lancaster, Lancashire LA1 2BX3
£141.5K12/200.12 mi177, Main Street, Lancaster, Lancashire LA1 2DD3
£103K03/210.12 mi48, Aldrens Lane, Lancaster, Lancashire LA1 2DT3
£86K12/200.17 mi16, Bank Road, Lancaster, Lancashire LA1 2DG3
£168K12/200.19 mi10, Clare Road, Lancaster, Lancashire LA1 2LX3
£155K05/230.2 mi22, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£145K05/210.2 mi94, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£145K04/210.2 mi90, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£158K04/210.2 mi12, Chelsea Mews, Lancaster, Lancashire LA1 2AS3
£180K09/230.2 mi17, Chelsea Mews, Lancaster, Lancashire LA1 2AS3
£215K02/240.21 mi48, Slyne Road, Lancaster, Lancashire LA1 2HU3
£270K09/230.21 mi8, Slyne Road, Lancaster, Lancashire LA1 2HU3
£229.9K04/210.23 mi22, Slyne Road, Lancaster, Lancashire LA1 2HU3
£172K01/210.23 mi17, Barley Cop Lane, Lancaster, Lancashire LA1 2NQ3
£210K05/230.26 mi9, Baker Street, Lancaster, Lancashire LA1 2ND3
£164K12/200.26 mi7, Baker Street, Lancaster, Lancashire LA1 2ND3
£200K07/210.26 mi13, Halton Road, Lancaster, Lancashire LA1 2EA3
£250K03/240.26 mi11, Halton Road, Lancaster, Lancashire LA1 2EA3
£150K11/200.28 mi9, Fairhope Avenue, Lancaster, Lancashire LA1 2LY3
£185K06/210.3 mi28, Clare Road, Lancaster, Lancashire LA1 2LU3
£183K08/230.32 mi11, Lambert Road, Lancaster, Lancashire LA1 2NA3
£125K05/230.33 mi45, Slyne Road, Lancaster, Lancashire LA1 2JH3
£210K08/230.34 mi23, Barley Cop Lane, Lancaster, Lancashire LA1 2NB3
£192K09/230.35 mi29, Tan Hill Drive, Lancaster, Lancashire LA1 2JB3
£160K10/230.35 mi3, Vale Road, Lancaster, Lancashire LA1 2JN3
£143.5K03/240.35 mi7, Vale Road, Lancaster, Lancashire LA1 2JN3
£160.1K07/210.36 mi6, Newby Drive, Lancaster, Lancashire LA1 2HY3
£165K10/210.36 mi12, Newby Drive, Lancaster, Lancashire LA1 2HY3
£150K02/210.36 mi5, Wensley Drive, Lancaster, Lancashire LA1 2JA3
£182K03/210.36 mi35, Noel Road, Lancaster, Lancashire LA1 2LZ3
£145K04/230.36 mi1, Langdale Road, Lancaster, Lancashire LA1 3NT3
£155K03/210.36 mi80, Vale Road, Lancaster, Lancashire LA1 2JL3
£155K04/210.38 mi38, Langdale Road, Lancaster, Lancashire LA1 3NR3
£152K03/230.38 mi45, Langdale Road, Lancaster, Lancashire LA1 3NR3
£78.5K07/230.39 mi9, Ravens Close, Lancaster, Lancashire LA1 2NT3
£115K01/230.4 mi51, Coniston Road, Lancaster, Lancashire LA1 3NJ3
£188K09/230.41 mi12, Leyburn Road, Lancaster, Lancashire LA1 2HZ3
£126K09/210.42 mi15, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£139.9K05/230.42 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£108K01/210.42 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£120K05/210.43 mi32, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£128K04/210.43 mi53, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3

Local Rents

29 rents from £607/mo to £1.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£80007/230.1 mi-3
£85009/240.1 mi-3
£87507/240.27 mi-3
£82510/240.27 mi-3
£87505/240.3 miClare Road, Lancaster, LA13
£88005/240.32 miVale Road, Lancaster, LA13
£1,50008/230.45 mi-3
£1,40004/240.45 mi-3
£1,25007/240.45 mi-3
£1,10009/240.45 mi-3
£75004/250.47 miHeronsyke, Lancaster, LA13
£1,10002/240.48 miSt George's Quay, Lancaster, LA13
£87506/240.49 mi-3
£87505/240.49 miAughton Court, Lancaster, LA13
£60704/240.49 miSt. Georges Quay, Lancaster, LA13
£65004/240.5 miCable Street, Lancaster, LA13
£75005/240.55 miHowgill Avenue, Lancaster3
£87506/240.58 mi-3
£87504/250.58 mi-3
£1,00004/240.58 miAbram Close, Lancaster3
£1,20005/240.6 miAbram Close, Lancaster3
£90005/240.6 miCromwell Building, Lancaster, LA13
£95005/240.6 miCromwell Building, Lancaster, LA13
£1,05002/240.6 mi-3
£90006/240.6 mi-3
£95006/240.61 mi-3
£95006/240.61 miBeaumont Place, Lancaster, LA13
£90004/240.62 mi-3
£90004/240.62 miBeaumont Place, Lancaster, LA13

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

1.41 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 £137,750

December 4, 2024

Listed for £145,000

July 16, 2024

Floor Plans

Description

  • Sold with no chain delay +
  • Three bedroom end of terraced house +
  • Extended to the rear +
  • Off road parking and low maintenenace rear garden +
  • Sold as seen with lots of potential! +

PUBLIC NOTICE - Entwistle Green are now in receipt of an offer for the sum of £133,000 for 39 Pinfold Lane. Anyone wishing to plave an offer on this property should contact Entwistle Green, 67-71 Market Street, Lancaster, before exchance of contracts.
Don’t be deceived by first appearances—once inside, this property reveals a modern and spacious interior just waiting to be restored and lived in again. This extended three-bedroom end terraced house is sold with no chain and in “as seen” condition. It boasts ample outside space, including off-road parking, a low-maintenance rear garden, and an outhouse.
The accommodation comprises a small entrance hall with enclosed stairs leading to the first floor. On the ground floor, you’ll find a welcoming lounge that opens up to a modern kitchen with an under-stairs storage cupboard. The kitchen opens onto a large extension/family room at the rear, featuring a Velux skylight and French doors that lead out onto the garden. The main family shower room is also located on this floor.
Upstairs, there are three good-sized bedrooms, providing ample living space for a family.

Call to view this charming property and envision its potential as your next home.

Agent Details

Entwistle Green, Lancaster

01524 938270

Next Steps?

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