3 Bed Terraced House, Single Let, Lancaster, LA1 2BJ, £149,950

Pinfold Lane, Lancaster, LA1 2BJ - 1 views - 3 months ago

BTL
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£75K - £270K
Sold Prices/m²£1K/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£168,424
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,488

Stamp Duty & Legal Fees

£5,699

Total Cash In

£43,186

 

 

Cash Out

 

Rent Range

£607 - £1,500

Rent Estimate

£629

Running Costs/mo

£614

Cashflow/mo

£15

Cashflow/yr

£175

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £75K to £270K, average is £151K. £1K/m² to £2.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£95K09/210.02 mi66, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£165K03/240.02 mi79, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£114K11/200.02 mi84, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£115K05/230.02 mi34, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£119K05/210.02 mi79, Pinfold Lane, Lancaster, Lancashire LA1 2BJ3
£116.5K07/230.03 mi10, Norfolk Street, Lancaster, Lancashire LA1 2BW3
£75K11/200.04 mi65, Norfolk Street, Lancaster, Lancashire LA1 2BP3
£105K04/230.04 mi77, Norfolk Street, Lancaster, Lancashire LA1 2BP3
£125K08/230.08 mi27, Broadway, Lancaster, Lancashire LA1 2BX3
£103K03/210.14 mi48, Aldrens Lane, Lancaster, Lancashire LA1 2DT3
£141.5K12/200.14 mi177, Main Street, Lancaster, Lancashire LA1 2DD3
£86K12/200.18 mi16, Bank Road, Lancaster, Lancashire LA1 2DG3
£168K12/200.19 mi10, Clare Road, Lancaster, Lancashire LA1 2LX3
£158K04/210.19 mi12, Chelsea Mews, Lancaster, Lancashire LA1 2AS3
£180K09/230.19 mi17, Chelsea Mews, Lancaster, Lancashire LA1 2AS3
£155K05/230.19 mi22, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£145K05/210.19 mi94, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£145K04/210.19 mi90, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£215K02/240.22 mi48, Slyne Road, Lancaster, Lancashire LA1 2HU3
£270K09/230.22 mi8, Slyne Road, Lancaster, Lancashire LA1 2HU3
£172K01/210.22 mi17, Barley Cop Lane, Lancaster, Lancashire LA1 2NQ3
£229.9K04/210.23 mi22, Slyne Road, Lancaster, Lancashire LA1 2HU3
£210K05/230.27 mi9, Baker Street, Lancaster, Lancashire LA1 2ND3
£164K12/200.27 mi7, Baker Street, Lancaster, Lancashire LA1 2ND3
£150K11/200.27 mi9, Fairhope Avenue, Lancaster, Lancashire LA1 2LY3
£200K07/210.28 mi13, Halton Road, Lancaster, Lancashire LA1 2EA3
£250K03/240.28 mi11, Halton Road, Lancaster, Lancashire LA1 2EA3
£185K06/210.29 mi28, Clare Road, Lancaster, Lancashire LA1 2LU3
£183K08/230.31 mi11, Lambert Road, Lancaster, Lancashire LA1 2NA3
£125K05/230.34 mi45, Slyne Road, Lancaster, Lancashire LA1 2JH3
£210K08/230.34 mi23, Barley Cop Lane, Lancaster, Lancashire LA1 2NB3
£182K03/210.36 mi35, Noel Road, Lancaster, Lancashire LA1 2LZ3
£160K10/230.36 mi3, Vale Road, Lancaster, Lancashire LA1 2JN3
£143.5K03/240.36 mi7, Vale Road, Lancaster, Lancashire LA1 2JN3
£192K09/230.36 mi29, Tan Hill Drive, Lancaster, Lancashire LA1 2JB3
£145K04/230.36 mi1, Langdale Road, Lancaster, Lancashire LA1 3NT3
£155K03/210.37 mi80, Vale Road, Lancaster, Lancashire LA1 2JL3
£160.1K07/210.37 mi6, Newby Drive, Lancaster, Lancashire LA1 2HY3
£165K10/210.37 mi12, Newby Drive, Lancaster, Lancashire LA1 2HY3
£150K02/210.37 mi5, Wensley Drive, Lancaster, Lancashire LA1 2JA3
£78.5K07/230.39 mi9, Ravens Close, Lancaster, Lancashire LA1 2NT3
£155K04/210.4 mi38, Langdale Road, Lancaster, Lancashire LA1 3NR3
£152K03/230.4 mi45, Langdale Road, Lancaster, Lancashire LA1 3NR3
£115K01/230.41 mi51, Coniston Road, Lancaster, Lancashire LA1 3NJ3
£188K09/230.42 mi12, Leyburn Road, Lancaster, Lancashire LA1 2HZ3
£120K05/210.43 mi32, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£128K04/210.43 mi53, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£126K09/210.44 mi15, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£139.9K05/230.44 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£108K01/210.44 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3

Local Rents

25 rents from £607/mo to £1.5K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£80007/230.1 mi-3
£85009/240.1 mi-3
£87507/240.29 mi-3
£82510/240.29 mi-3
£87505/240.29 miClare Road, Lancaster, LA13
£88005/240.33 miVale Road, Lancaster, LA13
£1,50008/230.45 mi-3
£1,40004/240.45 mi-3
£1,25007/240.45 mi-3
£1,10009/240.45 mi-3
£1,10002/240.47 miSt George's Quay, Lancaster, LA13
£60704/240.47 miSt. Georges Quay, Lancaster, LA13
£75004/250.48 miHeronsyke, Lancaster, LA13
£65004/240.49 miCable Street, Lancaster, LA13
£87506/240.5 mi-3
£87505/240.5 miAughton Court, Lancaster, LA13
£75005/240.56 miHowgill Avenue, Lancaster3
£1,00004/240.56 miAbram Close, Lancaster3
£1,20005/240.58 miAbram Close, Lancaster3
£87506/240.58 mi-3
£87504/250.58 mi-3
£90005/240.59 miCromwell Building, Lancaster, LA13
£95005/240.59 miCromwell Building, Lancaster, LA13
£1,05002/240.59 mi-3
£90006/240.59 mi-3

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

Listed for £149,950

January 24, 2025

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Three Bedroom End Terraced Family Home +
  • Three Floors, Modern Kitchen, Good Size Rear Garden +
  • Great Location, Close To Local Shops and Schools +
  • Ideal Investment Can Be Sold with Tenant in Situ +

Farrell Heyworth are pleased to offer this well maintained three story, three bed end terrace property in the North of Lancaster.

The property consists of a generous lounge and kitchen diner downstairs. On the first floor the property has a well maintained, tiled four piece family bathroom and a master bedroom. The second floor has two well-proportioned bedrooms. The property also has a cellar and shed for storage and a lovely decked area in the yard.

Located on the North Side of Lancaster, this property is in easy walking distance of the city centre close to local amenities and transport links.

Competitively priced, this would make a fantastic first buy ready to move into, or a great investment property to a landlord.

Please Note: The images used were taken before the current tenant occupied the property, and are to be used to provide a visualisation of the layout and not the condition.

Important Notice
Please note we are required under The Estate Agents Act 1979 and the Provision of Information Regulations 1991, to point out that the client we are acting for on the sale of this property is a ‘Connected Person’ as defined by that act.

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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