4 Bed Detached House, Single Let, Lancaster, LA2 0BL, £425,000

Forster Close, Lancaster, Lancaster, LA2 0BL - 6 months ago

Sold STC
BTL
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£95K - £645K
Sold Prices/m²£786/m² - £4.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.3K/m²

Value Estimate

£353,556

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£24,700

Total Cash In

£130,950

 

 

Cash Out

 

Rent Range

£625 - £1,400

Rent Estimate

£675

Running Costs/mo

£1,483

Cashflow/mo

£-808

Cashflow/yr

£-9,697

Gross Yield

2%

Local Sold Prices

50 sold prices from £95K to £645K, average is £340K. £786/m² to £4.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£225K11/210.11 mi17, Wharfedale, Galgate, Lancaster, Lancashire LA2 0RS4
£281K09/230.11 mi23, Wharfedale, Galgate, Lancaster, Lancashire LA2 0RS4
£95K08/210.11 mi31, Main Road, Galgate, Lancaster, Lancashire LA2 0JW4
£125K01/230.11 mi45, Main Road, Galgate, Lancaster, Lancashire LA2 0JW4
£140K12/220.11 mi41, Main Road, Galgate, Lancaster, Lancashire LA2 0JW4
£144K06/210.31 mi80, Highland Brow, Galgate, Lancaster, Lancashire LA2 0NB4
£200K04/210.37 mi7, Carrwood Gardens, Galgate, Lancaster, Lancashire LA2 0PB4
£269.9K03/210.4 mi12, Ash Avenue, Galgate, Lancaster, Lancashire LA2 0NP4
£350K04/210.42 miFern Cottage, Chapel Lane, Ellel, Lancaster, Lancashire LA2 0PW4
£225K05/230.44 mi16, Meadow Park, Galgate, Lancaster, Lancashire LA2 0NQ4
£625K06/210.67 miWard House, Chapel Lane, Ellel, Lancaster, Lancashire LA2 0PN4
£645K08/230.67 miThe Orchard, Chapel Lane, Ellel, Lancaster, Lancashire LA2 0PN4
£415K12/201.34 miBrookfield, Whams Lane, Bay Horse, Lancaster, Lancashire LA2 9AB4
£478K06/211.75 miCherry Trees, Bailrigg Lane, Bailrigg, Lancaster, Lancashire LA1 4XP4
£640K04/231.75 miWillow House, Bailrigg Lane, Bailrigg, Lancaster, Lancashire LA1 4XP4
£450K12/202 mi3, Beechwood Gardens, Lancaster, Lancashire LA1 4PH4
£395K07/212.09 mi12, Elmwood Gardens, Lancaster, Lancashire LA1 4PG4
£410K04/212.1 mi5, Oakwood Gardens, Lancaster, Lancashire LA1 4PF4
£465K08/222.1 mi8, Oakwood Gardens, Lancaster, Lancashire LA1 4PF4
£410K06/212.11 mi7, Maplewood Gardens, Lancaster, Lancashire LA1 4PE4
£243K03/212.15 mi41, Shireshead Crescent, Lancaster, Lancashire LA1 4LD4
£337.5K03/212.15 mi20, Winmarleigh Road, Lancaster, Lancashire LA1 4LG4
£315K02/232.16 mi32, Dunkenshaw Crescent, Lancaster, Lancashire LA1 4LQ4
£360K04/212.18 mi5, The Hawthorns, Lancaster, Lancashire LA1 4PJ4
£350K12/202.19 mi14, Barnacre Close, Lancaster, Lancashire LA1 4JZ4
£365K08/212.19 mi19, Barnacre Close, Lancaster, Lancashire LA1 4JZ4
£342.5K07/222.26 mi20, Knowe Hill Crescent, Lancaster, Lancashire LA1 4JY4
£282.5K02/212.28 mi2, Knowe Hill Crescent, Lancaster, Lancashire LA1 4JY4
£430K10/222.28 mi6, Bay Horse Drive, Lancaster, Lancashire LA1 4LA4
£170K02/212.32 mi48, Appletree Drive, Lancaster, Lancashire LA1 4QY4
£182K04/232.52 mi47, Ingleton Drive, Lancaster, Lancashire LA1 4QZ4
£240K02/212.55 mi7, School Lane, Forton, Preston, Lancashire PR3 0AS4
£475K10/222.56 mi2c, Yealand Drive, Lancaster, Lancashire LA1 4EW4
£347.5K06/232.63 mi7, Kempton Road, Lancaster, Lancashire LA1 4LU4
£581.3K06/232.64 mi20, Hall Park, Lancaster, Lancashire LA1 4SH4
£402K03/232.64 mi37, Hall Park, Lancaster, Lancashire LA1 4SH4
£165K03/212.64 mi17, Shaftesbury Place, Lancaster, Lancashire LA1 4PZ4
£275K03/212.69 mi117, Scotforth Road, Lancaster, Lancashire LA1 4JN4
£360K12/202.69 mi7, Ascot Close, Lancaster, Lancashire LA1 4LT4
£375K06/232.7 mi80, Barton Road, Lancaster, Lancashire LA1 4EL4
£325K09/212.72 mi7, Crookhey Gardens, Cockerham, Lancaster, Lancashire LA2 0GZ4
£635K07/232.73 mi12, Lindbergh Avenue, Lancaster, Lancashire LA1 5FR4
£580.1K11/222.73 mi21, Lindbergh Avenue, Lancaster, Lancashire LA1 5FR4
£252K05/212.76 mi79, Scotforth Road, Lancaster, Lancashire LA1 4SD4
£285K06/212.78 mi81, Chequers Avenue, Lancaster, Lancashire LA1 4HZ4
£268K12/212.8 mi35, Chatsworth Road, Lancaster, Lancashire LA1 4SL4
£385K02/232.81 mi11, Spruce Avenue, Lancaster, Lancashire LA1 5LB4
£268.5K11/202.81 mi40, Spruce Avenue, Lancaster, Lancashire LA1 5LB4
£250K10/232.82 mi34, Newlands Road, Lancaster, Lancashire LA1 4JF4
£285K02/212.86 mi2, Barton Road, Lancaster, Lancashire LA1 4ER4

Local Rents

21 rents from £625/mo to £1.4K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£1,15004/240.1 miLaund Gardens, Galgate, LA23
£1,00002/250.1 mi-4
£89504/240.1 miMain Road, Galgate2
£89504/240.11 miMain Road, Galgate2
£89504/240.12 miChapel St, Galgate, LA23
£1,00004/240.15 mi-4
£75004/240.25 miChapel Lane, Lancaster, Lancashire, LA21
£67504/240.25 miChapel Lane, Lancaster, Lancashire, LA21
£67512/240.25 miChapel Lane, Lancaster, Lancashire, LA21
£1,40004/240.29 miWeavers Court, Galagte3
£82504/240.32 miHighland Brow, Galgate, Lancaster2
£1,25012/241 miBay Horse, Lancaster, Lancashire, LA21
£89504/241.28 miHazelrigg Lane, Ellel, Lancaster2
£89504/241.28 miHazelrigg Lane, Ellel, Lancaster2
£1,25012/241.66 miThe Presbytery, Thurnham, LA25
£1,07503/251.71 mi-2
£62504/242.29 miCorless Cottages, Dolphinholme, LA22
£1,10005/242.31 miHeversham Close, Lancaster2
£1,02505/242.43 miAshford Close, Lancaster3
£1,00001/252.44 mi-2
£67504/242.48 miRivers View Fold, Low Dolphinholme, Lancaster, LA22

Local Area Statistics

Population in LA2

21,979

Population in Lancaster

74,075

Town centre distance

3.36 miles away

Nearest school

0.10 miles away

Nearest train station

4.02 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+7%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Price changed to £425,000

November 15, 2024

Listed for £450,000

October 7, 2024

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Beautifully Presented Four Bedroom Detached Family Home +
  • Spacious Lounge, Modern Kitchen & Dining Area, Utility Room, WC +
  • Four Bedrooms, En suite to Master, Family Bathroom. +
  • Integral Garage Great Size Rear Garden, Fantastic Family Home! +

We are pleased to present to the market this stunning, spacious, beautifully appointed four bedroom detached family home providing luxury living and is certainly a credit to the current owners, fitted with excellent specification and quality.

Internally, the accommodation comprises a light and airy entrance hallway, WC, a spacious lounge, a wow factor family kitchen and dining area with integrated appliances and a utility room.

To the first floor are four good size double bedrooms with en-suite to the master and a family bathroom.

The property is set on a substantial plot with a well maintained rear garden, patio area, driveway and integral garage.

Council Tax Information: Band D

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?

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