3 Bed Semi-Detached House, Single Let, Lancaster, LA2 6PN, £340,000





ValuationUndervalued
Sold Prices | £131K - £500K |
Sold Prices/m² | £2K/m² - £4K/m² |
| |
Square Metres | ~182 m² |
Price/m² | £1.9K/m² |
Value Estimate | £428,682 |
BMV | 14% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £85,000 |
Stamp Duty & Legal Fees | £18,700 |
Total Cash In | £103,700 |
| |
Cash Out | |
Rent Range | £520 - £38,000 |
Rent Estimate | £619 |
Running Costs/mo | £1,206 |
Cashflow/mo | £-587 |
Cashflow/yr | £-7,048 |
Gross Yield | 2% |
Local Sold Prices
20 sold prices from £131K to £500K, average is £247.8K. £2K/m² to £4K/m², average is £2.3K/m².
Local Rents
50 rents from £520/mo to £38K/mo, average is £850/mo.
Local Area Statistics
Population in LA2 | 21,979 |
Population in Lancaster | 74,075 |
Town centre distance | 3.27 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 2.73 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 £340,000
January 31, 2025
Price changed to £360,000
November 16, 2024
Listed for £375,000
October 14, 2024
Sold for £225,000
2023
Floor Plans

Description
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