2 Bed Terraced House, Single Let, Lancaster, LA1 3DS, £140,000

3 Dundee Street, Lancaster, LA1 3DS - 5 views - 6 months ago

Sold STC
BTL
ROI: 1%
46 m²
+6 photos

ValuationOvervalued

Sold Prices£103K - £211K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

46 m²
Price/m²£3K/m²

Value Estimate

£94,667

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,699

Total Cash In

£40,699

 

 

Cash Out

 

Rent Range

£498 - £1,647

Rent Estimate

£650

Running Costs/mo

£588

Cashflow/mo

£63

Cashflow/yr

£750

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £103K to £211K, average is £139.3K. £1.5K/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£210K02/230.01 mi6, Kirkes Road, Lancaster, Lancashire LA1 3DW2
£150K12/200.01 mi61, Kirkes Road, Lancaster, Lancashire LA1 3DW2
£152K07/230.02 mi17, Dundee Street, Lancaster, Lancashire LA1 3DS2
£119K06/210.02 mi18, Dundee Street, Lancaster, Lancashire LA1 3DS2
£115K04/230.02 mi9, Dundee Street, Lancaster, Lancashire LA1 3DS2
£163.5K01/240.03 mi4, Ayr Street, Lancaster, Lancashire LA1 3DT2
£131.4K03/210.03 mi1, Ayr Street, Lancaster, Lancashire LA1 3DT2
£105K11/200.04 mi33, Perth Street, Lancaster, Lancashire LA1 3DR2
£142K06/230.05 mi15, Gregson Road, Lancaster, Lancashire LA1 3DH2
£121.5K05/210.05 mi41, Gregson Road, Lancaster, Lancashire LA1 3DH2
£145K12/200.05 mi11, Kirkes Road, Lancaster, Lancashire LA1 3DP2
£189.9K05/210.06 mi48, Wyresdale Road, Lancaster, Lancashire LA1 3DU2
£117K12/200.06 mi70, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£125K09/210.06 mi74, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£159K07/230.06 mi92, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£130K12/230.07 mi6, Tarbet Street, Lancaster, Lancashire LA1 3DN2
£108.5K12/210.08 mi14, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£127.5K11/210.08 mi29, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£140K07/230.08 mi14, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£211K10/220.1 mi19, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£187.5K12/210.11 mi23, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£195K12/230.11 mi27, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£140K03/230.11 mi5, Elgin Street, Lancaster, Lancashire LA1 3DG2
£103K02/210.11 mi35, Elgin Street, Lancaster, Lancashire LA1 3DG2
£134K03/230.11 mi54, Melrose Street, Lancaster, Lancashire LA1 3DL2
£135K03/240.11 mi10, Melrose Street, Lancaster, Lancashire LA1 3DL2
£129K10/230.11 mi38, Melrose Street, Lancaster, Lancashire LA1 3DL2
£161K05/230.13 mi22, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£124K03/210.13 mi38, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£126.8K02/210.13 mi62, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£158K05/230.13 mi62, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£131K04/210.13 mi20, Argyle Street, Lancaster, Lancashire LA1 3DD2
£150K10/230.13 mi17, Argyle Street, Lancaster, Lancashire LA1 3DD2
£169.9K12/200.14 mi4, Parker Street, Lancaster, Lancashire LA1 3EP2
£117K04/210.15 mi13, Stirling Road, Lancaster, Lancashire LA1 3DE2
£138.5K02/210.16 mi6, Bond Street, Lancaster, Lancashire LA1 3ER2
£124.5K03/210.16 mi17, Clarence Street, Lancaster, Lancashire LA1 3BG2
£120K02/230.16 mi8, Vincent Street, Lancaster, Lancashire LA1 3BA2
£146.5K06/210.16 mi31, Vincent Street, Lancaster, Lancashire LA1 3BA2
£132K11/200.16 mi5, Vincent Street, Lancaster, Lancashire LA1 3BA2
£143K12/200.16 mi6, Vincent Street, Lancaster, Lancashire LA1 3BA2
£145K09/230.16 mi20, Vincent Street, Lancaster, Lancashire LA1 3BA2
£132.5K11/210.18 mi30, Langley Road, Lancaster, Lancashire LA1 3AZ2
£140K03/230.18 mi8, Langley Road, Lancaster, Lancashire LA1 3AZ2
£170K09/210.19 mi45, Park Road, Lancaster, Lancashire LA1 3EJ2
£154K12/200.19 mi34, Park Road, Lancaster, Lancashire LA1 3EJ2
£172K01/240.19 mi32, Park Road, Lancaster, Lancashire LA1 3EJ2
£126K10/210.19 mi12, Bradshaw Street, Lancaster, Lancashire LA1 3BE2
£130K03/240.21 mi34, Eastham Street, Lancaster, Lancashire LA1 3AY2
£140K10/230.21 mi29, Eastham Street, Lancaster, Lancashire LA1 3AY2

Local Rents

50 rents from £498/mo to £1.6K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70012/240.01 mi-2
£85004/240.05 miGregson Road, Lancaster2
£75005/240.06 miGregson Road, Lancaster, LA12
£67504/240.06 miGregson Road, Lancaster2
£75002/250.08 mi-2
£72502/250.09 mi-2
£75004/240.11 miElgin Street, Lancaster2
£65006/240.14 mi-2
£65005/240.14 miQuarry Mount Mews, Lancaster, LA12
£65004/240.15 miArgyle Street, Lancaster2
£70003/240.15 mi-2
£1,00004/240.18 mi-2
£73001/250.19 mi-2
£72512/240.2 mi-2
£77505/240.2 miDavidson Street, Lancaster2
£70003/250.21 mi-2
£75004/240.21 miEastham Street, Lancaster, LA12
£65905/240.21 miGreenfield Court, Quarry Road, Lancaster, Lancashire, LA12
£70005/240.22 miEastham Street, Lancaster, LA12
£75006/240.22 miWestham Street, Lancaster, LA12
£65004/240.23 miWestham Street, Lancaster2
£72505/240.23 miWestham Street, Lancaster2
£80005/240.23 mi-2
£75005/240.27 miSt Peters Road Lancaster2
£90004/240.32 miAalborg Place, Court View House, LA12
£1,10004/240.33 miThe Roundhouse, Robert Street, LA12
£87505/240.36 miNelson Street, Lancaster2
£64105/240.36 miBulk Street, Lancaster2
£89506/240.37 mi-2
£92505/240.37 miWhitbarrow Square, Lancaster, LA12
£92506/240.37 miWhitbarrow Square, Lancaster, LA12
£77505/240.39 miSouth Road, Lancaster, LA12
£70004/240.4 miThurnham Street, City Centre, Lancaster, LA12
£1,05005/240.43 miNightingale House, LA1 4JT2
£82512/240.46 mi-2
£80004/240.46 miThe Colonnade, Lancaster, LA12
£1,10005/240.47 miRoyal View, Knight's Bridge Apartments, Lancaster, LA12
£1,49505/240.48 mi-2
£1,64702/250.48 mi-2
£1,50004/240.48 miQuernmore Road, Lancaster, Lancashire, LA22
£79504/240.49 miAvondale Road, Lancaster2
£85004/240.51 miSwallow Wharf, Troutbeck Road, Lancaster2
£85004/240.51 mi-2
£75006/240.51 mi-2
£75005/240.51 miCromwell Building, Lancaster, LA12
£85001/250.52 mi-2
£95012/240.53 mi-2
£54206/240.54 miBowerham Road, Lancaster2
£49806/240.54 mi83a Bowerham Road, Lancaster2
£67504/240.56 mi-2

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

0.89 miles away

Nearest school

0.10 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £140,000

February 20, 2025

Listed for £149,950

October 24, 2024

Sold for £57,000

2003

Sold for £27,000

2000

Sold for £27,500

1998

Floor Plans

Description

Ideal for first time buyers and professionals, this two bedroom terraced property is in the popular and convenient Moorlands area of Lancaster. You are perfectly placed to take advantage of the vast range of shops, restaurants, pubs and attractions in Lancaster city centre, with excellent transport links for those commuting. The property is within walking distance of excellent local primary and secondary schools, plus the nearby university of Cumbria, so great for students and small families. There are green spaces nearby including Scotch Quarry and the historic Williamson's Park making it perfect for people with pets and young children.

Move in ready with modern styling and everything you need for your new home, including a contemporary upstairs bathroom and two double bedrooms, there is also ample storage with both an understairs area and solid built outhouse. The well-proportioned lounge is great for gathering friends and family, serviced by the kitchen behind. To the rear, a small yard provides safe and secure outside space that can be enjoyed during the warmer months with a gate providing access from the rear. On street parking around the property is available without permits for yourself and visitors.

A brilliant house in a popular area, it is just waiting for you to add your touches and create your new home!

Location - Located in the convenient Moorlands area of Lancaster, you are within walking distance of local schools, pubs, shops and the city centre, making it great for young professionals and students. There are green spaces nearby in the form of Scotch Quarry and Williamson's Park providing great spaces for young children and pets to enjoy. A small convenience store is located two minutes away and open until late, great for last minute shopping. There is on street parking on this road and the surrounding roads, without the need for permits so plenty of space for when you're hosting family and friends.

Living Room - 3.84 x 3.32 (12'7" x 10'10") - A good sized reception room sits at the front of the property, with space for two sofas and storage solutions on the laminate floor. An external wooden door sits beside the large double glazed window on the front aspect which provides natural light from the street outside. A double panel radiator sits against the wall by the doorway to the kitchen, plus there are useful alcoves either side of the chimney breast, with one built in cupboard and a small display shelf in the sealed fireplace. A central ceiling light illuminates the room, with coving running around the perimeter of the ceiling, as a nod to the period age of the property.

Kitchen - 3.32 x 3.03 (10'10" x 9'11") - A well proportioned kitchen sits at the back of the house, with a double glazed window to the rear yard and an external UPVC door providing outdoor access. Appliances include an integrated four ring gas hob with oven below, plus a sink and drainer beneath the rear window. There is space below the counter with utility points for a fridge and washing machine. There is ample storage with white over and under counter cabinetry, plus a useful understair area for additional storage with a double radiator providing warmth. The floor is a herringbone wood effect vinyl, with a white subway tile backsplash and painted walls above.

Landing - 1.97 x 0.91 (6'5" x 2'11") - The first floor landing connects the two bedrooms with the bathroom, with a carpeted floor, and staircase ceiling light and small hatch providing attic access above.

Bathroom - 2.18 x 1.64 (7'1" x 5'4") - A cleverly designed, contemporary bathroom sits between the two upstairs bedrooms. The bathroom features a bathtub with waterfall shower, embedded wall shower controls and a small storage alcove for toiletries. There is also a low flush toilet, floating sink and wall mounted heated towel rail. The floor and walls have been tiled with sleek black ceramic tiles to create a modern bathroom that services the house.

Bedroom 1 - 3.32 x 2.74 (10'10" x 8'11") - A well-proportioned double bedroom situated at the front of the property with a double glazed window on the front aspect providing natural light. Currently housing twin beds, wardrobes and drawers, there is plenty of space on the carpeted floor to create a comfortable double bedroom that can be tailored to your needs. There is a double panel radiator on the wall, with a pendant ceiling light above, completing the comfortable sleeping space.

Bedroom 2 - 2.4 x 2.31 (7'10" x 7'6") - A small double bedroom sits at the rear of the property, with floor space for a double bed and bedside drawer set. A single panel radiator is mounted at the foot of the bed space above the carpeted floor. A double glazed window provides natural light, with a pendant ceiling light for in the evenings. The boiler cupboard is accessed by a door leading to a storage space above the staircase. Great for use as a second bedroom, home office or hobby room depending on your needs.

Outhouse - 1.63 x 0.88 (5'4" x 2'10") - A secure, brick built outhouse with a small single glazed side window is attached to the house, with electric for appliances and ample storage space for bikes and outdoor equipment.

Exterior - A small, practical yard sits behind the property, surrounded by stone walls with a secure rear gate to the alley behind, making it a good space for entertaining, relaxing, children and pets.

Additional Information - Freehold. Council Tax Band A.

Agent Details

Houseclub, Lancaster

01524 969718

Next Steps?

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