3 Bed Detached House, Single Let, Lancaster, LA2 9HQ, £600,000
Denny Beck, Lancaster, Lancashire, LA2 9HQ - 6 months ago
BTL
~213 m²





+12 photos
ValuationOvervalued
Sold Prices | £131K - £500K |
Sold Prices/m² | £2K/m² - £4K/m² |
| |
Square Metres | ~213.21 m² |
Price/m² | £2.8K/m² |
Value Estimate | £502,194 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £150,000 |
Stamp Duty & Legal Fees | £48,700 |
Total Cash In | £198,700 |
| |
Cash Out | |
Rent Range | £520 - £38,000 |
Rent Estimate | £622 |
Running Costs/mo | £2,019 |
Cashflow/mo | £-1,397 |
Cashflow/yr | £-16,769 |
Gross Yield | 1% |
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 £875/mo.
Local Area Statistics
Population in LA2 | 21,979 |
Population in Lancaster | 74,075 |
Town centre distance | 3.04 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 2.55 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 £600,000
January 3, 2025
Listed for £635,000
October 14, 2024
Floor Plans

Description
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