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

Pinfold Lane, Lancaster, LA1 2BJ - 1 views - 6 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£65K - £185K
Sold Prices/m²£1K/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£121,883

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,550

Total Cash In

£40,550

 

 

Cash Out

 

Rent Range

£600 - £995

Rent Estimate

£644

Running Costs/mo

£586

Cashflow/mo

£58

Cashflow/yr

£692

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £65K to £185K, average is £117.3K. £1K/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£105K11/230.03 mi46, Norfolk Street, Lancaster, Lancashire LA1 2BW2
£75K02/230.06 mi60, Broadway, Lancaster, Lancashire LA1 2BU2
£125K05/230.08 mi20, Aldrens Lane, Lancaster, Lancashire LA1 2DU2
£95K12/200.08 mi2, Kent Street, Lancaster, Lancashire LA1 2BS2
£123K03/240.08 mi4, Kent Street, Lancaster, Lancashire LA1 2BS2
£89K04/230.09 mi44, Gardner Road, Lancaster, Lancashire LA1 2DB2
£112K05/230.09 mi17, Gardner Road, Lancaster, Lancashire LA1 2DB2
£106.5K11/220.11 mi143, Main Street, Lancaster, Lancashire LA1 2BH2
£82.5K04/210.12 mi21, Olive Road, Lancaster, Lancashire LA1 2BZ2
£115K01/230.13 mi20, Olive Road, Lancaster, Lancashire LA1 2BZ2
£73.9K03/210.22 mi16, Alexandra Road, Lancaster, Lancashire LA1 2DS2
£100K06/230.22 mi21, Alexandra Road, Lancaster, Lancashire LA1 2DS2
£85K11/210.26 mi6, Ruskin Road, Lancaster, Lancashire LA1 2EB2
£79K12/200.28 mi67, Alexandra Road, Lancaster, Lancashire LA1 2DP2
£65K01/240.28 mi50, Alexandra Road, Lancaster, Lancashire LA1 2DP2
£93K04/210.28 mi6, Ashbourne Drive, Lancaster, Lancashire LA1 2DW2
£98.1K08/230.28 mi2, Ashbourne Drive, Lancaster, Lancashire LA1 2DW2
£140K03/210.29 mi75, Clare Road, Lancaster, Lancashire LA1 2LU2
£127K11/230.29 mi43, Ashbourne Road, Lancaster, Lancashire LA1 2DJ2
£98K12/200.29 mi23, Ashbourne Road, Lancaster, Lancashire LA1 2DJ2
£110K04/210.29 mi52, Clare Road, Lancaster, Lancashire LA1 2LU2
£166K02/230.3 mi1, Lindeth Gardens, Lancaster, Lancashire LA1 2NH2
£145K02/230.31 mi27, Earl Street, Lancaster, Lancashire LA1 2AF2
£107.5K01/210.31 mi33, Earl Street, Lancaster, Lancashire LA1 2AF2
£110K12/200.31 mi38, Earl Street, Lancaster, Lancashire LA1 2AF2
£118.5K10/230.31 mi49, Earl Street, Lancaster, Lancashire LA1 2AF2
£120K10/230.31 mi15, Earl Street, Lancaster, Lancashire LA1 2AF2
£128.5K01/230.31 mi17, Earl Street, Lancaster, Lancashire LA1 2AF2
£117K08/210.37 mi2, Fleet Green, Lancaster, Lancashire LA1 2NS2
£121.5K03/240.39 mi26, Lune Terrace, Lancaster, Lancashire LA1 2AQ2
£124K02/210.4 mi24, Coniston Road, Lancaster, Lancashire LA1 3NJ2
£170K02/240.4 mi46, Coniston Road, Lancaster, Lancashire LA1 3NJ2
£140K03/230.43 mi29, Bulk Road, Lancaster, Lancashire LA1 1DN2
£110K08/210.44 mi30, Beaumont Street, Lancaster, Lancashire LA1 2JE2
£138.9K11/230.44 mi25, Beaumont Street, Lancaster, Lancashire LA1 2JE2
£137.5K02/240.44 mi43, River Street, Lancaster, Lancashire LA1 1AD2
£127.5K01/230.45 mi100, Coniston Road, Lancaster, Lancashire LA1 3NW2
£110K03/210.45 mi8, Beaumont Street, Lancaster, Lancashire LA1 2JE2
£126K05/230.46 mi5, Green Street, Lancaster, Lancashire LA1 1DZ2
£138.9K06/230.47 mi5, St Georges Quay, Lancaster, Lancashire LA1 1HL2
£76K04/210.48 mi9, Longlands Road, Lancaster, Lancashire LA1 2NU2
£102K03/230.49 mi25, Albion Street, Lancaster, Lancashire LA1 1DY2
£125K12/210.52 mi41, Whalley Road, Lancaster, Lancashire LA1 2HE2
£108K11/200.53 mi23, Howgill Avenue, Lancaster, Lancashire LA1 2HF2
£145K09/230.56 mi16, Denis Street, Lancaster, Lancashire LA1 1QX2
£117.5K03/240.56 mi10, Denis Street, Lancaster, Lancashire LA1 1QX2
£160K03/240.61 mi26, Nun Street, Lancaster, Lancashire LA1 3PJ2
£185K06/210.61 mi5, Garnet Street, Lancaster, Lancashire LA1 3PN2
£170K11/210.61 mi24, Garnet Street, Lancaster, Lancashire LA1 3PN2
£160K05/230.61 mi23, Garnet Street, Lancaster, Lancashire LA1 3PN2

Local Rents

30 rents from £600/mo to £995/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£69505/240.06 miBroadway, Lancaster2
£65003/240.12 mi-2
£60005/240.21 miAlexandra Road, Lancaster, LA12
£65004/240.22 miAshbourne Road, Lancaster2
£67503/240.23 miAlexandra Road, Lancaster, LA12
£71505/240.25 mi-2
£65005/240.26 miAlexandra Road, Lancaster2
£75004/250.26 mi-2
£69506/240.28 mi-2
£70004/240.32 miEarl Street, Lancaster, LA12
£75004/240.36 miBridge Square Apartments, Kingsway, Lancaster, LA12
£75005/240.36 miBridge Square Apartments, Kingsway, Lancaster, LA12
£95005/240.44 miRiver View Apartments, Lancaster, LA12
£89505/240.44 mi-2
£75005/240.51 miWater Street, Lancaster, LA12
£90012/240.51 mi-2
£85004/240.51 miSwallow Wharf, Troutbeck Road, Lancaster2
£87505/240.51 miDamside Street, Lancaster2
£97504/240.51 miLune Square, Damside Street2
£94505/240.51 miLune Square, Lancaster, LA12
£89505/240.51 miLune Square, Lancaster, LA12
£65005/240.57 miBeaumont Park, Lancaster, LA12
£99512/240.57 mi-2
£95012/240.57 mi-2
£85001/250.58 mi-2
£75005/240.59 miCromwell Building, Lancaster, LA12
£85004/240.59 mi-2
£75006/240.59 mi-2
£90005/240.6 mi-2
£89501/250.6 mi-2

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

1.39 miles away

Nearest school

0.10 miles away

Nearest train station

0.76 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

January 27, 2025

Listed for £145,000

November 11, 2024

Sold for £104,000

2020

Sold for £98,000

2017

Sold for £80,000

2012

Sold for £59,000

2003

Sold for £25,000

1999

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Two Bedroom End Terrace Home In Lancaster +
  • Good Size Lounge, Spacious Kitchen Diner +
  • Two Good Size Double Bedrooms, Family Bathroom +
  • Rear Garden, Great Location! +

We are pleased to present to the market this two bedroom end terrace home. Ideal buy to let property or for a first time buyer who is wanting to get onto the property ladder. The property is within walking distance to local amenities, public transport links.

Internally you will find an entrance hallway, lounge, dining kitchen, two bedrooms and a modern bathroom.

To the rear there is an enclosed, spacious garden.

No chain Delay.

Council Tax Information: Band A

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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