2 Bed Terraced House, Single Let, Lancaster, LA2 9PL, £200,000
3 Chapel Square, Lancaster, Lancashire, LA2 9PL - 3 views - 5 months ago
Sold STC
BTL
ROI: 1%
~68 m²





+47 photos
ValuationOvervalued
Sold Prices | £145K - £330K |
Sold Prices/m² | £1.9K/m² - £3.2K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £171,587 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £7,200 |
Total Cash In | £57,200 |
| |
Cash Out | |
Rent Range | £850 - £38,000 |
Rent Estimate | £850 |
Running Costs/mo | £815 |
Cashflow/mo | £35 |
Cashflow/yr | £420 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
20 sold prices from £145K to £330K, average is £196.5K. £1.9K/m² to £3.2K/m², average is £2.5K/m².
Local Rents
6 rents from £850/mo to £38K/mo, average is £895/mo.
Local Area Statistics
Population in LA2 | 21,979 |
Population in Lancaster | 74,075 |
Town centre distance | 4.98 miles away |
Nearest school | 3.60 miles away |
Nearest train station | 4.69 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +7% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +18% |
Property History
Listed for £200,000
November 14, 2024
Sold for £44,500
1999
Sold for £26,000
1995
Floor Plans

Description
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