2 Bed Flat, Single Let, Lancaster, LA1 4AR, £45,000
142, Greaves Road, Lancaster, LA1 4AR - 7 views - 2 months ago
Sold STC
Leasehold
BTL
ROI: 29%
77 m²





+11 photos
ValuationUndervalued
Sold Prices | £80K - £225K |
Sold Prices/m² | £1.4K/m² - £2.8K/m² |
| |
Square Metres | 77 m² |
Price/m² | £584/m² |
Value Estimate | £55,800 |
BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £11,250 |
Stamp Duty & Legal Fees | £2,550 |
Total Cash In | £13,800 |
| |
Cash Out | |
Rent Range | £498 - £1,647 |
Rent Estimate | £617 |
Running Costs/mo | £284 |
Cashflow/mo | £333 |
Cashflow/yr | £3,996 |
ROI | 29% |
Gross Yield | 16% |
Local Sold Prices
32 sold prices from £80K to £225K, average is £122.8K. £1.4K/m² to £2.8K/m², average is £2.2K/m².
Local Rents
36 rents from £498/mo to £1.6K/mo, average is £750/mo.
Local Area Statistics
Population in LA1 | 52,095 |
Population in Lancaster | 74,075 |
Town centre distance | 0.46 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.92 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +34% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Listed for £45,000
February 11, 2025
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
3 Bed House, Single Let, Lancaster, LA1 4UL
£250,000
4 views • 6 months ago • 93 m²
3 Bed House, Single Let, Lancaster, LA1 4TL
£210,000
a month ago • 88 m²
Sold STC
3 Bed House, Single Let, Lancaster, LA1 4TL
£245,000
3 views • 5 months ago • 107 m²
Sold STC
2 Bed House, Single Let, Lancaster, LA1 4UQ
£199,995
8 months ago • 80 m²