3 Bed Terraced House, Single Let, Lancaster, LA2 6DN, £270,000

Hest Bank Lane, Lancaster, LA2 6DN - 2 views - 3 months ago

BTL
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£155K - £465K
Sold Prices/m²£1.5K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£240,804

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£520 - £2,500

Rent Estimate

£569

Running Costs/mo

£978

Cashflow/mo

£-409

Cashflow/yr

£-4,903

Gross Yield

3%

Local Sold Prices

50 sold prices from £155K to £465K, average is £262.5K. £1.5K/m² to £4.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£295K06/210.06 mi1, Peacock Crescent, Hest Bank, Lancaster, Lancashire LA2 6EW3
£330K09/230.06 mi15, Peacock Crescent, Hest Bank, Lancaster, Lancashire LA2 6EW3
£385K03/210.06 mi18, Peacock Crescent, Hest Bank, Lancaster, Lancashire LA2 6EW3
£425K02/210.07 mi3, Peacock Lane, Hest Bank, Lancaster, Lancashire LA2 6EN3
£205K04/210.15 mi16, Coastal Road, Hest Bank, Lancaster, Lancashire LA2 6HN3
£325K09/230.16 mi12, Hatlex Drive, Hest Bank, Lancaster, Lancashire LA2 6HA3
£440K10/200.2 mi7, Hanging Green Lane, Hest Bank, Lancaster, Lancashire LA2 6JB3
£257K08/230.21 mi8, Sunningdale Avenue, Hest Bank, Lancaster, Lancashire LA2 6DD3
£430K11/200.23 mi33, Hatlex Lane, Hest Bank, Lancaster, Lancashire LA2 6EZ3
£240K12/200.23 mi8, Sunningdale Crescent, Hest Bank, Lancaster, Lancashire LA2 6DE3
£440K07/230.25 mi1, Rushley Drive, Hest Bank, Lancaster, Lancashire LA2 6EF3
£465K03/230.25 miThe Paddock, Shady Lane, Slyne, Lancaster, Lancashire LA2 6JD3
£353.5K12/200.28 mi34, Sea View Drive, Hest Bank, Lancaster, Lancashire LA2 6BX3
£275.1K03/210.29 mi22, Greenacre Road, Hest Bank, Lancaster, Lancashire LA2 6HD3
£365K10/230.29 mi2, Greenacre Road, Hest Bank, Lancaster, Lancashire LA2 6HD3
£350K01/210.3 mi15a, Hatlex Hill, Hest Bank, Lancaster, Lancashire LA2 6ET3
£375K09/210.34 mi42, Manor Lane, Slyne, Lancaster, Lancashire LA2 6JE3
£205K12/220.37 mi3, Manor Drive, Slyne, Lancaster, Lancashire LA2 6JX3
£205K11/200.41 mi15, Bay View Avenue, Slyne, Lancaster, Lancashire LA2 6JR3
£252.5K11/200.42 mi2a, Bay View Crescent, Slyne, Lancaster, Lancashire LA2 6JU3
£220K12/220.46 mi2, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£215K11/200.47 mi13, Manor Crescent, Slyne, Lancaster, Lancashire LA2 6BA3
£215K03/210.49 mi4, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£205K06/210.49 mi3, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£198K01/210.49 mi16, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£165K12/200.49 mi12, Easedale Close, Bolton Le Sands, Carnforth, Lancashire LA5 8LX3
£260K09/230.52 mi53, Hest Bank Lane, Hest Bank, Lancaster, Lancashire LA2 6BS3
£286K12/220.52 mi58, Manor Road, Slyne, Lancaster, Lancashire LA2 6LE3
£219.9K05/210.53 mi56, Manor Road, Slyne, Lancaster, Lancashire LA2 6LE3
£170K01/230.53 mi114, Main Road, Slyne, Lancaster, Lancashire LA2 6AZ3
£302.5K11/220.53 mi36, Pinewood Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8AR3
£350K11/210.55 mi1, Warren Close, Slyne, Lancaster, Lancashire LA2 6LQ3
£375K03/210.57 mi57, Coastal Road, Bolton Le Sands, Carnforth, Lancashire LA5 8JJ3
£330K11/200.59 mi10, Throstle Grove, Slyne, Lancaster, Lancashire LA2 6AX3
£315K12/220.6 mi38, Greenwood Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8AW3
£415K12/220.6 mi154, Coastal Road, Bolton Le Sands, Carnforth, Lancashire LA5 8JW3
£225K01/210.63 mi69, Greenwood Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8AW3
£183K03/210.63 mi77, Greenwood Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8AW3
£335K06/210.68 mi125, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8AJ3
£182K07/210.78 mi6, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8BQ3
£220K12/200.83 mi63, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8AQ3
£260K12/200.87 mi4, Grange View, Bolton Le Sands, Carnforth, Lancashire LA5 8JQ3
£420K09/230.88 mi5, Beech Grove, Slyne, Lancaster, Lancashire LA2 6AJ3
£212.5K01/210.93 mi27, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8AG3
£222.5K10/210.96 mi37, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DY3
£237.5K12/200.96 mi24, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DY3
£155K02/210.96 mi7, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DY3
£239.9K11/200.96 mi62, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DZ3
£265K12/220.97 mi53, Church Brow, Bolton Le Sands, Carnforth, Lancashire LA5 8DZ3
£357.5K03/210.97 mi8a, Town End, Bolton Le Sands, Carnforth, Lancashire LA5 8JF3

Local Rents

51 rents from £520/mo to £2.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£2,50012/240.3 miThe Shore, Hest Bank, Lancaster, LA24
£67501/240.33 mi-1
£65012/240.61 mi-2
£1,05005/240.64 miSwallow Close, Bolton Le Sands, Carnforth2
£99504/241.2 miFern Lea, Bolton Le Sands, Carnforth2
£75007/241.24 miElm Grove, Bare, Morecambe, Lancashire2
£1,75004/241.26 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£97505/241.32 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£90005/241.36 miWillow Grove, Morecambe2
£92504/241.37 mi-2
£72504/241.37 miLansdowne Grove, Morecambe2
£72504/241.37 miLansdowne Grove, Morecambe2
£2,00002/241.39 mi-4
£62504/241.39 miLakeland House, Marine Road East, Morecambe1
£95004/241.4 miPrinces Crescent, Bare, Morecambe4
£63005/241.44 miMarine Road East, Morecambe1
£63006/241.44 miMarine Road East, Morecambe1
£75007/241.46 miTudor Grove, Morecambe2
£70007/241.47 mi-2
£85010/241.47 mi-2
£72505/241.47 mi6 The Craggs, 457 - 459 Marine Road East, Morecambe2
£75007/241.49 miFlat 2 The Channings, 455 Marine Road East, Morecambe, LA4 6AD2
£87507/241.49 miSulby Grove, Morecambe2
£87507/241.49 miSulby Grove, Morecambe2
£85004/251.49 mi-2
£55005/241.49 miBasement Flat, 5 Park Street, Morecambe, Lancashire, LA4 6BN1
£67505/241.49 mi28 Park Street, Morecambe1
£57508/241.5 miFlat 3, 15 Park Street1
£60005/241.51 miPark Street, Morecambe, LA41
£95006/241.52 miKayswell Road, Torrisholme, Morecambe3
£65008/241.53 miClifton Drive, Morecambe1
£95007/241.58 miSunnyfield Avenue, Morecambe2
£89505/241.59 miMill Lane, Bolton Le Sands, Carnforth3
£89505/241.59 miMill Lane, Bolton Le Sands, Carnforth3
£90004/241.61 miMichaelson Avenue, Morecambe, LA43
£52005/241.64 mi-1
£54206/241.64 mi-1
£54206/241.64 mi-1
£95006/241.64 miSt. Christophers Way, Bare, Morecambe2
£95006/241.65 mi-3
£95006/241.65 miBeaumont Place, Lancaster, LA13
£90004/241.65 mi-3
£90004/241.65 miBeaumont Place, Lancaster, LA13
£79507/241.7 mi-1
£75012/241.7 mi-1
£87506/241.71 mi-3
£87504/251.71 mi-3
£65005/241.72 miBeaumont Park, Lancaster, LA12
£67512/241.73 mi-1
£1,50007/241.73 miEssex Road, Torrisholme3
£75005/241.73 miHowgill Avenue, Lancaster3

Local Area Statistics

Population in LA2

21,979

Population in Lancaster

74,075

Town centre distance

3.54 miles away

Nearest school

0.40 miles away

Nearest train station

1.45 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Listed for £270,000

February 1, 2025

Floor Plans

Description

  • Delightful End Cottage +
  • Popular Residential Location +
  • Close To Hest Bank Canal +
  • Modern Fitted Kitchen +
  • Separate Utility Room +
  • Large Main Reception Room +
  • White Three Piece Bathroom Suite +
  • Landscaped Rear Garden +
  • Viewings Are Highly Recommended +

Jennings Estate Agents are delighted to bring to the market, this wonderful end cottage. Located within a popular residential location, and close to the canal. The current owner has updated the property by adding a wonderful fitted kitchen and landscaped rear garden.

The property features; vestibule, with access leading to the large main reception room. Modern fitted kitchen and a separate utility room. Door leading to the study or third bedroom. To the first floor are two good sized bedrooms and a white three piece bathroom suite.
Externally the property has a gravelled area to the side and landscaped rear garden, to the rear.

Viewings are highly recommended, so please contact the office on , or email us on

Agent Details

Jennings Estate Agents, Heysham

01525 309873

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪