3 Bed Semi-Detached House, Single Let, Lancaster, LA1 2JA, £230,000

Wensley Drive, Lancaster, LA1 2JA - 6 views - 5 months ago

BTL
~134 m²
+11 photos

ValuationUndervalued

Sold Prices£75K - £270K
Sold Prices/m²£1K/m² - £3.4K/m²

 

 

Square Metres

~134 m²
Price/m²£1.7K/m²

Value Estimate

£236,107
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£14,800

Total Cash In

£72,300

 

 

Cash Out

 

Rent Range

£750 - £950

Rent Estimate

£819

Running Costs/mo

£903

Cashflow/mo

£-84

Cashflow/yr

£-1,003

Gross Yield

4%

Local Sold Prices

50 sold prices from £75K to £270K, average is £144.5K. £1K/m² to £3.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£150K02/210.03 mi5, Wensley Drive, Lancaster, Lancashire LA1 2JA3
£160.1K07/210.03 mi6, Newby Drive, Lancaster, Lancashire LA1 2HY3
£165K10/210.03 mi12, Newby Drive, Lancaster, Lancashire LA1 2HY3
£192K09/230.04 mi29, Tan Hill Drive, Lancaster, Lancashire LA1 2JB3
£125K05/230.07 mi45, Slyne Road, Lancaster, Lancashire LA1 2JH3
£188K09/230.07 mi12, Leyburn Road, Lancaster, Lancashire LA1 2HZ3
£126K09/210.09 mi15, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£139.9K05/230.09 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£108K01/210.09 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£229.9K04/210.14 mi22, Slyne Road, Lancaster, Lancashire LA1 2HU3
£215K02/240.16 mi48, Slyne Road, Lancaster, Lancashire LA1 2HU3
£270K09/230.16 mi8, Slyne Road, Lancaster, Lancashire LA1 2HU3
£155K03/210.17 mi80, Vale Road, Lancaster, Lancashire LA1 2JL3
£200K07/210.17 mi13, Halton Road, Lancaster, Lancashire LA1 2EA3
£250K03/240.17 mi11, Halton Road, Lancaster, Lancashire LA1 2EA3
£86K12/200.18 mi16, Bank Road, Lancaster, Lancashire LA1 2DG3
£160K10/230.18 mi3, Vale Road, Lancaster, Lancashire LA1 2JN3
£143.5K03/240.18 mi7, Vale Road, Lancaster, Lancashire LA1 2JN3
£210K05/230.19 mi9, Baker Street, Lancaster, Lancashire LA1 2ND3
£164K12/200.19 mi7, Baker Street, Lancaster, Lancashire LA1 2ND3
£200K10/230.2 mi6, Tall Trees, Lancaster, Lancashire LA1 2LD3
£120K07/210.21 mi45, Whalley Road, Lancaster, Lancashire LA1 2HE3
£116K11/200.21 mi51, Whalley Road, Lancaster, Lancashire LA1 2HE3
£103K03/210.23 mi48, Aldrens Lane, Lancaster, Lancashire LA1 2DT3
£210K08/230.23 mi23, Barley Cop Lane, Lancaster, Lancashire LA1 2NB3
£131K10/230.24 mi7, Howgill Avenue, Lancaster, Lancashire LA1 2HF3
£105.5K04/210.26 mi36, Howgill Avenue, Lancaster, Lancashire LA1 2HG3
£168K12/200.27 mi10, Clare Road, Lancaster, Lancashire LA1 2LX3
£85K10/210.27 mi49, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£160K12/220.27 mi48, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£140K10/230.27 mi9, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£135K07/230.27 mi47, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£150K11/200.27 mi9, Fairhope Avenue, Lancaster, Lancashire LA1 2LY3
£172K01/210.27 mi17, Barley Cop Lane, Lancaster, Lancashire LA1 2NQ3
£215K10/230.28 mi2, Green Lane, Lancaster, Lancashire LA1 2EW3
£144K08/210.28 mi3, Green Lane, Lancaster, Lancashire LA1 2EW3
£240K06/230.28 mi4, Green Lane, Lancaster, Lancashire LA1 2EW3
£125K08/230.28 mi27, Broadway, Lancaster, Lancashire LA1 2BX3
£141.5K12/200.29 mi177, Main Street, Lancaster, Lancashire LA1 2DD3
£78.5K07/230.29 mi9, Ravens Close, Lancaster, Lancashire LA1 2NT3
£182K03/210.3 mi35, Noel Road, Lancaster, Lancashire LA1 2LZ3
£75K11/200.31 mi65, Norfolk Street, Lancaster, Lancashire LA1 2BP3
£105K04/230.31 mi77, Norfolk Street, Lancaster, Lancashire LA1 2BP3
£183K08/230.31 mi11, Lambert Road, Lancaster, Lancashire LA1 2NA3
£120K05/210.32 mi32, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£128K04/210.32 mi53, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£122.5K03/210.32 mi8, Mayfield Avenue, Lancaster, Lancashire LA1 2NX3
£145K04/210.32 mi90, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£116.5K07/230.32 mi10, Norfolk Street, Lancaster, Lancashire LA1 2BW3
£137K12/230.32 mi6, Mayfield Avenue, Lancaster, Lancashire LA1 2NX3

Local Rents

16 rents from £750/mo to £950/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£87507/240.1 mi-3
£82510/240.1 mi-3
£75004/250.14 miHeronsyke, Lancaster, LA13
£88005/240.15 miVale Road, Lancaster, LA13
£87506/240.16 mi-3
£87505/240.16 miAughton Court, Lancaster, LA13
£75005/240.23 miHowgill Avenue, Lancaster3
£80007/230.27 mi-3
£85008/240.27 mi-3
£95006/240.28 mi-3
£95006/240.28 miBeaumont Place, Lancaster, LA13
£90004/240.29 mi-3
£90004/240.29 miBeaumont Place, Lancaster, LA13
£87506/240.3 mi-3
£87504/250.3 mi-3
£87505/240.33 miClare Road, Lancaster, LA13

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

1.73 miles away

Nearest school

0.10 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £230,000

November 29, 2024

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Extended Three Bedroom Semi Detached on an Elevated Position +
  • Near End of Cul De Sac Location with Private Parking +
  • Hallway, Lounge, Fitted Kitchen and Extended Reception +
  • Bathroom, Raised Decked Rear Garden and Driveway +

Situated near the end of a cul-de-sac on a slightly elevated position is this traditional three bedroom semi detached family home which has been extended to the rear to provide an expansive kitchen / family area to the rear.

In brief the accommodation comprises of hallway, front facing reception room, fitted kitchen area opening up to the extended room which could be used a kitchen diner area or as additional reception space depending on your requirements.

The first floor comprises of three bedrooms and bathroom.

Externally to the front is a private driveway and the rear consists of steps up to a raised decking garden area which is ideal for outdoor entertaining.

Council Tax Information: Band B

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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