2 Bed Terraced House, Single Let, Carnforth, LA5 9LG, £150,000

Oxford Street, Carnforth, Lancashire, LA5 9LG - 7 months ago

BTL
~102 m²
+12 photos

ValuationUndervalued

Sold Prices£90K - £292K
Sold Prices/m²£1.3K/m² - £3.6K/m²

 

 

Square Metres

~102.30 m²
Price/m²£1.5K/m²

Value Estimate

£186,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Total Cash In

£46,700

 

 

Cash Out

 

Rent Range

£575 - £1,750

Rent Estimate

£595

Running Costs/mo

£608

Cashflow/mo

£-13

Cashflow/yr

£-153

Gross Yield

5%

Local Sold Prices

50 sold prices from £90K to £292K, average is £140K. £1.3K/m² to £3.6K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£145.1K12/220.01 mi13, Oxford Street, Carnforth, Lancashire LA5 9LG2
£140K10/220.02 mi17, Stanley Street, Carnforth, Lancashire LA5 9DX2
£137K09/210.06 mi43, Hill Street, Carnforth, Lancashire LA5 9DY2
£136K04/230.06 mi14, Hill Street, Carnforth, Lancashire LA5 9DY2
£143K07/230.06 mi41, Hill Street, Carnforth, Lancashire LA5 9DY2
£105K02/210.06 mi41, Hill Street, Carnforth, Lancashire LA5 9DY2
£112K04/210.06 mi27, Hill Street, Carnforth, Lancashire LA5 9DY2
£130K12/200.06 mi2, Hill Street, Carnforth, Lancashire LA5 9DY2
£136K12/220.06 mi6, Hill Street, Carnforth, Lancashire LA5 9DY2
£148K04/210.07 mi18, King Street, Carnforth, Lancashire LA5 9DU2
£160K07/230.09 mi14, Towpath Walk, Carnforth, Lancashire LA5 9JS2
£152.5K08/230.1 mi45, Haws Hill, Carnforth, Lancashire LA5 9DD2
£120K03/210.1 mi23, Haws Hill, Carnforth, Lancashire LA5 9DD2
£152.5K08/230.11 mi10, New Street, Carnforth, Lancashire LA5 9BX2
£125K12/200.11 mi11, Edward Street, Carnforth, Lancashire LA5 9DA2
£107.5K12/200.11 mi3, Edward Street, Carnforth, Lancashire LA5 9DA2
£155K12/220.12 mi19, Haws Hill, Carnforth, Lancashire LA5 9DD2
£155K08/210.12 mi35, Bridgeside, Carnforth, Lancashire LA5 9LF2
£132.5K12/220.14 mi9, Preston Street, Carnforth, Lancashire LA5 9BY2
£100K10/200.17 mi87, Market Street, Carnforth, Lancashire LA5 9LL2
£110K06/230.17 mi83, Market Street, Carnforth, Lancashire LA5 9LL2
£185K12/220.17 mi146, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£157K04/210.18 mi126, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£185K10/220.18 mi138, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£155K01/210.18 mi8, Victoria Street, Carnforth, Lancashire LA5 9DP2
£185K12/220.19 mi9, Victoria Street, Carnforth, Lancashire LA5 9DP2
£142.5K01/210.19 mi37, Grosvenor Place, Carnforth, Lancashire LA5 9DL2
£140K05/230.21 mi73, North Road, Carnforth, Lancashire LA5 9NA2
£97.3K12/200.21 mi86, North Road, Carnforth, Lancashire LA5 9NA2
£159.3K04/230.25 mi27, Victoria Street, Carnforth, Lancashire LA5 9ED2
£142K06/210.28 mi137, Lancaster Road, Carnforth, Lancashire LA5 9EE2
£100K11/200.35 mi134, Kellet Road, Carnforth, Lancashire LA5 9LS2
£125K03/210.35 mi33, Jesson Way, Carnforth, Lancashire LA5 9UR2
£165K02/230.35 mi15, Jesson Way, Carnforth, Lancashire LA5 9UR2
£115K11/220.35 mi130, Kellet Road, Carnforth, Lancashire LA5 9LS2
£290K06/230.35 mi3, Bowland Close, Carnforth, Lancashire LA5 9UP2
£126K09/210.36 mi39, Highfield Road, Carnforth, Lancashire LA5 9AH2
£93K05/210.36 mi49, Highfield Road, Carnforth, Lancashire LA5 9AH2
£132.5K06/230.36 mi43, Highfield Road, Carnforth, Lancashire LA5 9AH2
£123K06/210.36 mi22, Russell Road, Carnforth, Lancashire LA5 9AQ2
£130K12/220.37 mi24, Russell Road, Carnforth, Lancashire LA5 9AQ2
£287.5K11/220.38 mi4, Longfield Drive, Crag Bank, Carnforth, Lancashire LA5 9EJ2
£90K11/200.4 mi20, Fairfield Close, Carnforth, Lancashire LA5 9XL2
£200K05/210.41 mi9, Longfield Drive, Carnforth, Lancashire LA5 9EJ2
£252K07/230.44 mi8, Longmere Crescent, Carnforth, Lancashire LA5 9EW2
£140K12/200.44 mi11, Johnson Close, Carnforth, Lancashire LA5 9UJ2
£292K12/200.46 mi7, Longacre Close, Carnforth, Lancashire LA5 9EN2
£170K11/200.48 mi9, Crag Bank Road, Carnforth, Lancashire LA5 9EG2
£240K10/220.48 mi131, North Road, Carnforth, Lancashire LA5 9LU2
£110K11/200.49 mi21, Hunting Hill Road, Carnforth, Lancashire LA5 9JQ2

Local Rents

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

RentDateDistanceAddressBeds 
£65002/250.05 mi-1
£60012/240.05 mi-1
£95011/240.08 mi-3
£75004/240.09 miJohn Street, Carnforth, Lancashire, LA5 9ER1
£87504/240.1 miEdward Street, Carnforth3
£1,25004/240.1 miLancaster Road, Carnforth, LA54
£67508/240.23 mi-2
£79504/240.24 miNorth Road, Carnforth, LA52
£65004/240.36 mi-2
£79505/240.46 miHoward Mews, Carnforth, LA5 9UH2
£95003/250.61 mi-3
£59504/240.61 mi-2
£70004/240.62 miAlbert Street, Millhead, Carnforth2
£61505/240.62 mi22 Albert Street, Millhead, Carnforth, Lancashire, LA5 9DR1
£57505/240.66 mi-2
£65005/240.7 mi-2
£1,15011/240.71 mi-3
£1,05004/241.25 miLymmcott, 43 Hawthorn Road, Bolton Le Sands, Carnforth, LA5 8EH2
£59502/241.27 mi-2
£67512/241.32 mi-1
£89505/241.47 miMill Lane, Bolton Le Sands, Carnforth3
£89505/241.47 miMill Lane, Bolton Le Sands, Carnforth3
£1,25002/251.48 mi-2
£1,50004/241.67 miShaw Lane, Nether Kellet, Carnforth, Lancashire4
£92504/241.68 mi-2
£97505/241.71 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£1,75004/241.78 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£99504/241.83 miFern Lea, Bolton Le Sands, Carnforth2
£1,05005/242.4 miSwallow Close, Bolton Le Sands, Carnforth2
£65012/242.46 mi-2

Local Area Statistics

Population in LA5

16,353

Population in Carnforth

29,230

Town centre distance

1 miles away

Nearest school

0.40 miles away

Nearest train station

0.24 miles away

 

 

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £150,000

December 26, 2024

Listed for £159,950

August 19, 2024

Floor Plans

Description

  • Middle Terraced Property +
  • Fantastic Property & Location +
  • Two Great Sized Bedrooms +
  • Open Plan Family Living +
  • Family Bathroom +
  • Rear Yard +
  • Utility Room +

Calling all first-time buyers and investors! This charming two double bedroom mid terrace home presents an excellent opportunity for those looking to step onto the property ladder or expand their rental portfolio.

This accommodation briefly comprises: As you enter, you are welcomed by a practical entrance hall that leads into a light and spacious open-plan living and dining room—ideal for both entertaining and everyday living. The galley kitchen offers convenient access to a utility area perfect for keeping your living space clutter-free. Upstairs, you will find a modern family bathroom, along with two well-proportioned double bedrooms, providing plenty of space.

Externally the property benefits from on-street parking to the front, ensuring ease of access for residents and guests. To the rear, you’ll discover a fully enclosed yard, offering a private outdoor space for enjoying warm summer evenings.

This delightful mid terrace home is a fantastic opportunity for first-time buyers and investors alike—don’t miss your chance to make it yours!

Carnforth is a sought-after town 7 miles north of Lancaster. Carnforth offers a wide range of facilities and amenities including four supermarkets, pubs and restaurants, good local schools and easy commute via the A6 and M6. Train station and bus services are at hand and good local walks to areas of outstanding natural beauty around Warton and Silverdale.
Please call us today to arrange a viewing.

Freehold
Council Tax Band - A

Agent Details

Entwistle Green, Morecambe

01524 967563

Next Steps?

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