4 Bed Terraced House, Single Let, Lancaster, LA1 2BX, £135,000

Broadway, Lancaster, LA1 2BX - 1 views - 2 months ago

BTL
~129 m²
+11 photos

ValuationUndervalued

Sold Prices£115K - £800K
Sold Prices/m²£885/m² - £4.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1K/m²

Value Estimate

£162,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£481 - £1,500

Rent Estimate

£528

Running Costs/mo

£547

Cashflow/mo

£-19

Cashflow/yr

£-234

Gross Yield

5%

Local Sold Prices

33 sold prices from £115K to £800K, average is £257.5K. £885/m² to £4.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£165K10/230.12 mi40, Owen Road, Lancaster, Lancashire LA1 2BN4
£257.5K05/230.18 mi22, Slyne Road, Lancaster, Lancashire LA1 2HU4
£285K08/210.2 mi7, Barley Cop Lane, Lancaster, Lancashire LA1 2NQ4
£230K09/230.29 mi26, Tan Hill Drive, Lancaster, Lancashire LA1 2JB4
£186K05/210.32 mi65, Vale Road, Lancaster, Lancashire LA1 2JN4
£260K02/240.33 mi24, Vale Road, Lancaster, Lancashire LA1 2JL4
£154K10/200.4 mi4, Mardale Road, Lancaster, Lancashire LA1 3NG4
£132.5K10/200.47 mi23, Longlands Road, Lancaster, Lancashire LA1 2NU4
£265K08/230.48 mi1, Wilton Close, Lancaster, Lancashire LA1 2TL4
£220K11/210.52 mi15, River Street, Lancaster, Lancashire LA1 1AD4
£222K09/210.52 mi14, River Street, Lancaster, Lancashire LA1 1AD4
£290K01/240.52 mi11, River Street, Lancaster, Lancashire LA1 1AD4
£221.5K01/240.63 mi34b, Wolseley Street, Lancaster, Lancashire LA1 3PH4
£265K06/210.63 mi11, Coronation Way, Lancaster, Lancashire LA1 2TQ4
£185K12/200.66 mi2, Birkdale Close, Lancaster, Lancashire LA1 2SG4
£265K02/230.67 mi23, Esthwaite Gardens, Lancaster, Lancashire LA1 3RG4
£250K12/230.69 mi20, Caldbeck Road, Lancaster, Lancashire LA1 3LU4
£160K12/200.69 mi6, Ullswater Road, Lancaster, Lancashire LA1 3PP4
£220K11/200.74 miRose Cottage, Long Marsh Lane, Lancaster, Lancashire LA1 5QY4
£268K02/240.77 mi39, Windermere Road, Lancaster, Lancashire LA1 3EX4
£695K03/230.78 mi14, Castle Park, Lancaster, Lancashire LA1 1YQ4
£800K08/230.79 mi8, Castle Park, Lancaster, Lancashire LA1 1YQ4
£495K06/210.8 miBrooklands, Carus Park, Slyne, Lancaster, Lancashire LA2 6BN4
£215K07/230.8 mi31, West Drive, Lancaster, Lancashire LA1 5BY4
£295K03/240.82 mi79, Windermere Road, Lancaster, Lancashire LA1 3EZ4
£288K05/230.82 mi62, Windermere Road, Lancaster, Lancashire LA1 3EZ4
£380K06/210.85 mi40, Derwent Road, Lancaster, Lancashire LA1 3ES4
£435K02/210.85 mi36, Derwent Road, Lancaster, Lancashire LA1 3ES4
£168K09/230.87 mi17, West Road, Lancaster, Lancashire LA1 5PG4
£115K01/210.93 mi9, Hazel Grove, Lancaster, Lancashire LA1 5RY4
£255K11/210.94 mi21, Balmoral Road, Lancaster, Lancashire LA1 3BT4
£336.3K11/210.97 mi32, Dallas Road, Lancaster, Lancashire LA1 1TW4
£390.5K09/211 mi18, Nairn Road, Lancaster, Lancashire LA1 5UY4

Local Rents

25 rents from £481/mo to £1.5K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£80007/230.1 mi-3
£85008/240.1 mi-3
£87507/240.21 mi-3
£82510/240.21 mi-3
£88005/240.29 miVale Road, Lancaster, LA13
£87505/240.31 miClare Road, Lancaster, LA13
£1,10005/240.41 miCentral Avenue, Lancaster5
£87506/240.44 mi-3
£87505/240.44 miAughton Court, Lancaster, LA13
£75005/240.48 miHowgill Avenue, Lancaster3
£1,50008/230.49 mi-3
£1,40004/240.49 mi-3
£1,25007/240.49 mi-3
£1,10009/240.49 mi-3
£48105/240.52 mi31, Gladstone Terrace, Lancaster5
£62005/240.52 mi17, Gladstone Terrace, Lancaster5
£87506/240.54 mi-3
£87503/250.54 mi-3
£1,10002/240.55 miSt George's Quay, Lancaster, LA13
£95006/240.55 mi-3
£95006/240.55 miBeaumont Place, Lancaster, LA13
£90004/240.55 mi-3
£90004/240.55 miBeaumont Place, Lancaster, LA13
£60704/240.56 miSt. Georges Quay, Lancaster, LA13
£65004/240.57 miCable Street, Lancaster, LA13

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

1.48 miles away

Nearest school

0.10 miles away

Nearest train station

0.85 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £135,000

January 31, 2025

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Three Bedroom Mid Terrace Town House Over Three Floors +
  • Two Reception Rooms, Fitted Kitchen, Rear Yard +
  • Three Bedrooms, Family Bathroom, Great Location +
  • Please Call To Avoid Missing Out +

Ideal buy to let property or for a first time buyer who is wanting to get onto the property ladder. This three/four bedroom mid terrace home over three floors, is within walking distance to local amenities, and public transport links.

Internally you will find an entrance hallway, lounge, which can be utilised as a fourth bedroom, dining room, fitted kitchen, three bedrooms and a bathroom suite.

To the rear there is an enclosed yard with a wall surround and gated access.

Please Note: It is our understanding that the loft conversion may have been undertaken and completed without obtaining planning consent/ building regulation approval and all prospective purchasers should rely upon their own enquiries and investigations as to the permitted and practicable use of this area.

Please Note: This property is part of a deceased’s estate and The Grant of Probate is being applied for, until this has been granted a sale would not be able to proceed. All prospective purchasers should consider this before incurring any costs.

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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