3 Bed Bungalow, Single Let, Lancaster, LA2 6HZ, £425,000

27 Prospect Drive, Hest Bank, Lancaster, LA2 6HZ - 2 views - 8 months ago

BTL
157 m²
+11 photos

ValuationOvervalued

Sold Prices£155K - £465K
Sold Prices/m²£1.5K/m² - £4.8K/m²

 

 

Square Metres

157 m²
Price/m²£2.7K/m²

Value Estimate

£411,190

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Rent Range

£520 - £2,500

Rent Estimate

£547

Running Costs/mo

£1,458

Cashflow/mo

£-911

Cashflow/yr

£-10,926

Gross Yield

2%

Local Sold Prices

50 sold prices from £155K to £465K, average is £260K. £1.5K/m² to £4.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£425K02/210.05 mi3, Peacock Lane, Hest Bank, Lancaster, Lancashire LA2 6EN3
£295K06/210.08 mi1, Peacock Crescent, Hest Bank, Lancaster, Lancashire LA2 6EW3
£330K09/230.08 mi15, Peacock Crescent, Hest Bank, Lancaster, Lancashire LA2 6EW3
£385K03/210.08 mi18, Peacock Crescent, Hest Bank, Lancaster, Lancashire LA2 6EW3
£440K10/200.09 mi7, Hanging Green Lane, Hest Bank, Lancaster, Lancashire LA2 6JB3
£325K09/230.14 mi12, Hatlex Drive, Hest Bank, Lancaster, Lancashire LA2 6HA3
£465K03/230.17 miThe Paddock, Shady Lane, Slyne, Lancaster, Lancashire LA2 6JD3
£430K11/200.18 mi33, Hatlex Lane, Hest Bank, Lancaster, Lancashire LA2 6EZ3
£257K08/230.2 mi8, Sunningdale Avenue, Hest Bank, Lancaster, Lancashire LA2 6DD3
£350K01/210.21 mi15a, Hatlex Hill, Hest Bank, Lancaster, Lancashire LA2 6ET3
£205K04/210.24 mi16, Coastal Road, Hest Bank, Lancaster, Lancashire LA2 6HN3
£375K09/210.24 mi42, Manor Lane, Slyne, Lancaster, Lancashire LA2 6JE3
£275.1K03/210.25 mi22, Greenacre Road, Hest Bank, Lancaster, Lancashire LA2 6HD3
£365K10/230.25 mi2, Greenacre Road, Hest Bank, Lancaster, Lancashire LA2 6HD3
£240K12/200.26 mi8, Sunningdale Crescent, Hest Bank, Lancaster, Lancashire LA2 6DE3
£353.5K12/200.28 mi34, Sea View Drive, Hest Bank, Lancaster, Lancashire LA2 6BX3
£205K12/220.28 mi3, Manor Drive, Slyne, Lancaster, Lancashire LA2 6JX3
£440K07/230.32 mi1, Rushley Drive, Hest Bank, Lancaster, Lancashire LA2 6EF3
£205K11/200.33 mi15, Bay View Avenue, Slyne, Lancaster, Lancashire LA2 6JR3
£252.5K11/200.36 mi2a, Bay View Crescent, Slyne, Lancaster, Lancashire LA2 6JU3
£215K11/200.37 mi13, Manor Crescent, Slyne, Lancaster, Lancashire LA2 6BA3
£220K12/220.42 mi2, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£170K01/230.43 mi114, Main Road, Slyne, Lancaster, Lancashire LA2 6AZ3
£215K03/210.44 mi4, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£205K06/210.44 mi3, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£198K01/210.44 mi16, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£165K12/200.44 mi12, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£302.5K11/220.44 mi36, Pinewood Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8AR3
£286K12/220.46 mi58, Manor Road, Slyne, Lancaster, Lancashire LA2 6LE3
£219.9K05/210.46 mi56, Manor Road, Slyne, Lancaster, Lancashire LA2 6LE3
£260K09/230.47 mi53, Hest Bank Lane, Hest Bank, Lancaster, Lancashire LA2 6BS3
£350K11/210.5 mi1, Warren Close, Slyne, Lancaster, Lancashire LA2 6LQ3
£315K12/220.51 mi38, Greenwood Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8AW3
£330K11/200.52 mi10, Throstle Grove, Slyne, Lancaster, Lancashire LA2 6AX3
£375K03/210.52 mi57, Coastal Road, Bolton Le Sands, Carnforth, Lancashire LA5 8JJ3
£225K01/210.55 mi69, Greenwood Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8AW3
£183K03/210.55 mi77, Greenwood Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8AW3
£415K12/220.55 mi154, Coastal Road, Bolton Le Sands, Carnforth, Lancashire LA5 8JW3
£335K06/210.58 mi125, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8AJ3
£182K07/210.7 mi6, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8BQ3
£235K10/200.7 mi14, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8BQ3
£220K12/200.76 mi63, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8AQ3
£260K12/200.82 mi4, Grange View, Bolton Le Sands, Carnforth, Lancashire LA5 8JQ3
£420K09/230.84 mi5, Beech Grove, Slyne, Lancaster, Lancashire LA2 6AJ3
£212.5K01/210.86 mi27, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8AG3
£222.5K10/210.88 mi37, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DY3
£237.5K12/200.88 mi24, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DY3
£155K02/210.88 mi7, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DY3
£239.9K11/200.89 mi62, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DZ3
£265K12/220.9 mi53, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DZ3

Local Rents

51 rents from £520/mo to £2.5K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£67501/240.25 mi-1
£2,50012/240.36 miThe Shore, Hest Bank, Lancaster, LA24
£65012/240.54 mi-2
£1,05005/240.59 miSwallow Close, Bolton Le Sands, Carnforth2
£99504/241.15 miFern Lea, Bolton Le Sands, Carnforth2
£1,75004/241.23 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£97505/241.28 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£75007/241.33 miElm Grove, Bare, Morecambe, Lancashire2
£92504/241.33 mi-2
£90005/241.42 miWillow Grove, Morecambe2
£72504/241.45 miLansdowne Grove, Morecambe2
£72504/241.45 miLansdowne Grove, Morecambe2
£2,00002/241.46 mi-4
£62504/241.47 miLakeland House, Marine Road East, Morecambe1
£95004/241.48 miPrinces Crescent, Bare, Morecambe4
£63005/241.53 miMarine Road East, Morecambe1
£63006/241.53 miMarine Road East, Morecambe1
£75007/241.53 miTudor Grove, Morecambe2
£70007/241.55 mi-2
£85010/241.55 mi-2
£72505/241.56 mi6 The Craggs, 457 - 459 Marine Road East, Morecambe2
£87507/241.56 miSulby Grove, Morecambe2
£87507/241.56 miSulby Grove, Morecambe2
£89505/241.56 miMill Lane, Bolton Le Sands, Carnforth3
£89505/241.56 miMill Lane, Bolton Le Sands, Carnforth3
£95006/241.57 miKayswell Road, Torrisholme, Morecambe3
£75007/241.57 miFlat 2 The Channings, 455 Marine Road East, Morecambe, LA4 6AD2
£85004/251.58 mi-2
£55005/241.58 miBasement Flat, 5 Park Street, Morecambe, Lancashire, LA4 6BN1
£67505/241.58 mi28 Park Street, Morecambe1
£57508/241.58 miFlat 3, 15 Park Street1
£65008/241.59 miClifton Drive, Morecambe1
£60005/241.59 miPark Street, Morecambe, LA41
£95006/241.6 mi-3
£95006/241.6 miBeaumont Place, Lancaster, LA13
£90004/241.6 mi-3
£90004/241.6 miBeaumont Place, Lancaster, LA13
£95007/241.66 miSunnyfield Avenue, Morecambe2
£90004/241.67 miMichaelson Avenue, Morecambe, LA43
£87506/241.68 mi-3
£87504/251.68 mi-3
£75005/241.68 miHowgill Avenue, Lancaster3
£67512/241.69 mi-1
£65005/241.69 miBeaumont Park, Lancaster, LA12
£87506/241.72 mi-3
£87505/241.72 miAughton Court, Lancaster, LA13
£52005/241.72 mi-1
£54206/241.72 mi-1
£54206/241.72 mi-1
£95006/241.73 miSt. Christophers Way, Bare, Morecambe2
£1,05004/241.74 miLymmcott, 43 Hawthorn Road, Bolton Le Sands, Carnforth, LA5 8EH2

Local Area Statistics

Population in LA2

21,979

Population in Lancaster

74,075

Town centre distance

3.52 miles away

Nearest school

0.30 miles away

Nearest train station

1.51 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Price changed to £425,000

January 15, 2025

Price changed to £450,000

October 30, 2024

Price changed to £475,000

October 4, 2024

Listed for £495,000

August 1, 2024

Floor Plans

Description

Discreetly positioned in the popular coastal village of Hest Bank, this sizeable true bungalow will excite many. With large living spaces including a superb open plan kitchen diner, manageable, low maintenance gardens with excellent off road parking - ideal for those with motorhomes or multiple cars. Additionally the property has income producing solar panels which is extremely cost efficient. A fantastic family home or perfect for those looking to down size, this versatile home is offered to the market with No Chain.

Hest Bank sits on the western coastline of Britain and is surrounded by stunning walks along the sands, with breath-taking views across the bay towards the Lakeland fells and the historic Lancaster Canal a short walk away. Conveniently located for commuters with Junction 35 of the M6 motorway and the Bay Gateway to the south, with the West Coast mainline train station of Carnforth in the nearby town of Carnforth, this property is well connected.

Layout (With Approx. Dimensions) -

Ground Floor -

Entrance Hall - Entered via a UPVC double glazed door with stain glassed detailing and matching side windows. This leads into a bright and spacious hall, with coving to the ceiling, a feature ceiling rose, wooden laminate flooring and a radiator. There is also a range of built in storage cupboards (one housing a Vaillant gas central heating boiler which was installed in Approx. 2017 and serviced yearly) With downlighters and access to a loft space.

Bedroom Two - Fitted with a range of built-in wardrobes with matching side tables and drawers. With a UPVC double glazed bay window, coving to the ceiling, picture rail and a radiator.

Bathroom - Fitted with a three piece suite comprising of a WC, a wash hand basin and a bath with shower over. With two UPVC double glazed frosted windows, tiled walls and flooring, an extractor fan, downlighters and a heated towel rail.

Living Room - A large and spacious room, fitted with a feature living flame gas fireplace with decorative surround and hearth. With a UPVC double glazed bay window and two further UPVC double glazed windows, this charming room has coving to the ceiling, five wall lights, a picture rail and a radiator.

Bedroom Three - Fitted with a built-in wardrobe with hanging rail, this room has UPVC double glazed French doors leading out to the rear garden. With a UPVC double glazed side window, coving to the ceiling, picture rail and a radiator.

Kitchen Diner - A beautifully spacious and inviting room, providing the perfect backdrop for family dinners and get togethers. Fitted with a range of wall and base units with a complementary worktop over and a one a half sink unit with mixer tap and drainer. Fitted appliances include a Rangemaster Stove with an extractor hood above, and integrated appliances which include an under counter fridge, freezer and a dishwasher, with plumbing for a washing machine. With downlighters and feature wooden beams with a vaulted ceiling. With two UPVC double glazed windows, UPVC French doors leading out to rear garden, and wooden laminate flooring with a radiator.

Bedroom One - Fitted with UPVC double glazed French doors leading out to the rear garden. With coving to the ceiling, a feature ceiling rose, picture rail and a radiator.

Ensuite Shower Room - Fitted with a four piece suite comprising a WC, wash hand basin, bidet and a large corner shower with tiled surround. With a range of built-in wardrobes with sliding doors and an internal radiator, two UPVC double glazed frosted windows, coving to the ceiling, an electric wall heater and an extractor fan. With downlighters and wooden laminate flooring, there is also a small access to a loft space.

Outside - To the front of the property, there is a large block paved driveway providing off-road parking for approximately four cars. This also provides the perfect space to store a motorhome. A paved path with feature stone walling and planted borders lead to the front of the property. With pathways leading to each side of the bungalow. To the right, the path leads to the front door and to the left, it leads to the rear garden, where a low maintenance paved garden can be found. With raised planted borders and hedging, this provides a private area to sit out and relax with a morning coffee. A large wooden shed provides excellent outdoor storage.

Services - Mains electric, mains gas, mains water and mains drainage. The property is also fitted with 16 Solar panels located on the roof of the home. They were installed approx. 10 years ago and held a 25 year guarantee on installation. The Vendor informs us that the panels generate approx. £3500 income each year and maintenance has been conducted on the panels, with a new Inverter replacement last year, (with a 10 year guarantee). The vendor also informs us that the rate for the electric is at a 55p per KW purchase price and is index linked.

Council Tax - Band E - Lancaster City Council.

Tenure - Freehold.

Viewings - Strictly by appointment with Houseclub Estate Agents, Lancaster.

Energy Performance Certificate - The full Energy Performance Certificate is available on our website or by contacting our hybrid office.

Agent Details

Houseclub, Lancaster

01524 969718

Next Steps?

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