4 Bed Semi-Detached House, Single Let, Lancaster, LA2 7BA, £400,000
Springfield, High Bentham, Nr Lancaster, LA2 7BA - 3 months ago
BTL
~129 m²





+31 photos
ValuationOvervalued
Sold Prices | £106K - £600K |
Sold Prices/m² | £1K/m² - £4.2K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £3.1K/m² |
Value Estimate | £278,130 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £100,000 |
Stamp Duty & Legal Fees | £20,700 |
Total Cash In | £120,700 |
| |
Cash Out | |
Rent Range | £515 - £1,650 |
Rent Estimate | £598 |
Running Costs/mo | £1,390 |
Cashflow/mo | £-792 |
Cashflow/yr | £-9,499 |
Gross Yield | 2% |
Local Sold Prices
22 sold prices from £106K to £600K, average is £299.5K. £1K/m² to £4.2K/m², average is £2.1K/m².
Local Rents
7 rents from £515/mo to £1.6K/mo, average is £775/mo.
Local Area Statistics
Population in LA2 | 21,979 |
Population in Lancaster | 74,075 |
Town centre distance | 13.53 miles away |
Nearest school | 0.70 miles away |
Nearest train station | 0.38 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -10% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +17% |
Property History
Listed for £400,000
January 21, 2025
Description
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