2 Bed Terraced House, Single Let, Lancaster, LA2 0EF, £205,000

5 Main Street, Cockerham, Lancaster, LA2 0EF - 2 months ago

BTL
67 m²
+13 photos

ValuationOvervalued

Sold Prices£97K - £320K
Sold Prices/m²£1.6K/m² - £3.1K/m²

 

 

Square Metres

67 m²
Price/m²£3.1K/m²

Value Estimate

£156,985

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£51,250

Stamp Duty & Legal Fees

£7,650

Total Cash In

£58,900

 

 

Cash Out

 

Rent Range

£625 - £1,600

Rent Estimate

£878

Running Costs/mo

£836

Cashflow/mo

£42

Cashflow/yr

£501

ROI

1%

Gross Yield

5%

Local Sold Prices

28 sold prices from £97K to £320K, average is £161.5K. £1.6K/m² to £3.1K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£180K03/210.09 mi5, Main Street, Cockerham, Lancaster, Lancashire LA2 0EF2
£195K12/220.09 mi22, Main Street, Cockerham, Lancaster, Lancashire LA2 0EF2
£191K12/220.26 mi9, Rectory Gardens, Cockerham, Lancaster, Lancashire LA2 0ED2
£240K10/211.46 mi24, Ribblesdale Drive, Forton, Preston, Lancashire PR3 0BJ2
£120K11/201.49 mi6, School Lane, Forton, Preston, Lancashire PR3 0AS2
£177.5K06/211.52 mi4, Wallace Lane, Forton, Preston, Lancashire PR3 0BA2
£320K06/212.04 miHolly Cottage, Hollins Lane, Forton, Preston, Lancashire PR3 0AA2
£170K08/212.19 mi38, Vernon Crescent, Galgate, Lancaster, Lancashire LA2 0LX2
£160K10/202.19 mi1, Vernon Crescent, Galgate, Lancaster, Lancashire LA2 0LX2
£169K03/232.21 mi8, Vernon Crescent, Galgate, Lancaster, Lancashire LA2 0LX2
£282K11/212.21 miGreaves Cottage, Conder Green Road, Galgate, Lancaster, Lancashire LA2 0NS2
£120K06/212.23 mi76, Main Road, Galgate, Lancaster, Lancashire LA2 0LB2
£124K01/242.23 mi70, Main Road, Galgate, Lancaster, Lancashire LA2 0LB2
£116.1K12/232.26 mi6, Salford Road, Galgate, Lancaster, Lancashire LA2 0LL2
£145K01/232.27 mi41, Salford Road, Galgate, Lancaster, Lancashire LA2 0LW2
£225K12/232.29 mi28, Salford Road, Galgate, Lancaster, Lancashire LA2 0LN2
£120K11/222.33 mi9a, Elm Avenue, Galgate, Lancaster, Lancashire LA2 0NR2
£97K05/212.33 mi27, Chapel Street, Galgate, Lancaster, Lancashire LA2 0JS2
£112.5K10/232.38 mi30, Chapel Street, Galgate, Lancaster, Lancashire LA2 0JR2
£135K05/232.38 mi68, Chapel Street, Galgate, Lancaster, Lancashire LA2 0JR2
£173K10/212.39 mi68, Highland Brow, Galgate, Lancaster, Lancashire LA2 0NB2
£162K03/212.39 mi74, Highland Brow, Galgate, Lancaster, Lancashire LA2 0NB2
£130K07/212.4 mi9, Makinsons Row, Galgate, Lancaster, Lancashire LA2 0JU2
£120K10/202.41 mi15, Chapel Street, Galgate, Lancaster, Lancashire LA2 0JP2
£161K03/212.5 mi5, Airedale, Galgate, Lancaster, Lancashire LA2 0RR2
£200K06/212.68 mi2, Wyresdale Crescent, Glasson Dock, Lancaster, Lancashire LA2 0DL2
£190K11/222.74 mi3, Rose Cottages, Bay Horse, Lancaster, Lancashire LA2 9AQ2
£123K12/202.75 mi6, Ten Row, Glasson Dock, Lancaster, Lancashire LA2 0BZ2

Local Rents

17 rents from £625/mo to £1.6K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,20012/241 miPattys Barn, Hillam Lane, Cockerham, LA21
£1,07503/251.01 mi-2
£1,25012/241.26 miThe Presbytery, Thurnham, LA25
£1,30004/241.27 miCrimbles Lane, Cockerham, LA24
£1,25012/241.35 miBay Horse, Lancaster, Lancashire, LA21
£95012/241.74 miLancaster Road, Forton, Preston, Lancashire2
£1,40006/242.02 miHollins Lane, Forton, Preston3
£1,60012/242.07 miBodkin Drive, Forton, PR34
£62506/242.19 mi-2
£1,15004/242.24 miLaund Gardens, Galgate, LA23
£89504/242.25 miMain Road, Galgate2
£89504/242.25 miMain Road, Galgate2
£1,00002/252.26 mi-4
£89504/242.38 miChapel St, Galgate, LA23
£1,00004/242.39 mi-4
£82504/242.41 miHighland Brow, Galgate, Lancaster2
£68003/252.48 mi-1

Local Area Statistics

Population in LA2

21,979

Population in Lancaster

74,075

Town centre distance

5.25 miles away

Nearest school

0.20 miles away

Nearest train station

6.22 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+7%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Price changed to £205,000

March 24, 2025

Listed for £215,000

February 13, 2025

Floor Plans

Description

  • BEAUTIFULLY PRESENTED +
  • IDEAL FOR FIRST TIME BUYERS +
  • TWO BEDROOMS +
  • BESPOKE KITCHEN +
  • MULTI FUEL LOG BURNER +
  • STUNNING VIEWS FROM REAR GARDEN +
  • BRIMMING WITH CHARACTER +
  • TWO RECEPTION ROOMS +
  • ORIGINAL FEATURES +
  • FANTASTIC LOCATION +

Charming Two-Bedroom Cottage in Cockerham – A Must-See!

This characterful two-bedroom mid-terrace blends period charm with modern touches, making it an ideal starter home in the sought-after village of Cockerham.

The inviting entrance vestibule leads into a rustic lounge, featuring exposed brick walls, original stone flag flooring, and a brand-new Tinder Box multi-fuel log burner (installed November). The hand-crafted kitchen is designed around exposed brickwork, with wooden worktops, a ‘Leisure’ 4-pot gas hob, and slate flooring, while the spacious dining room offers French doors out to the garden.

Upstairs, two well-sized bedrooms retain their original features, with the front bedroom boasting a walk-in wardrobe and fireplace. The bathroom (fitted September 2021) includes exposed brickwork, a bath with overhead shower, and built-in storage.

The large tiered garden offers multiple patio areas, a grass lawn, and stunning countryside views.

This charming mid-terrace home is perfect for buyers seeking peaceful village living with easy access to Lancaster and surrounding areas.

Entrance Vestibule - The entrance vestibule features stone flooring and a wooden door leading into the lounge. A single glazed stained glass window to the rear provides a charming touch. Additional storage is available with a convenient under-stairs cupboard.

Lounge - This characterful lounge boasts exposed brick walls and original stone flag flooring, enhancing its rustic charm. A striking brick mantle houses a brand-new ‘Tinder Box’ multi-fuel log burner by MiFires (installed November), creating a cosy focal point. The space is well-lit with a large double-glazed window to the front and a single glazed stained glass window to the rear. There is a large radiator, and an open entryway leads seamlessly into the kitchen.

Kitchen - A beautifully designed kitchen featuring hand-crafted cupboards, thoughtfully built to fit around the exposed brick walls, complemented by wooden worktops and a stylish tiled backsplash. The 'Leisure' 4-pot gas hob and electric oven provide excellent cooking facilities, while slate floor tiles add to the kitchen's character. An electric heater is discreetly positioned under the cabinets and two large double-glazed windows flood this room with light.

Dining Room - A versatile dining space featuring porcelain flooring and a radiator. French doors open onto the garden patio, creating a seamless indoor-outdoor flow, while large double-glazed windows offer views of the garden. The room also includes a Baxi boiler and handmade base units designed to house a washer and freezer.

First Floor Hallway - The first-floor hallway benefits from new carpeting, fitted in November 2024, offering a fresh and modern feel. The space also provides loft access for additional storage.

Bedroom One - Steps lead down into this characterful double bedroom featuring original floorboards and a rustic wooden door. The room has two double-glazed windows to the side and rear, allowing plenty of natural light, and a large radiator.

Bathroom - This stylish bathroom features exposed brickwork and a bathroom suite fitted on 23/09/21. The suite includes a bath with an overhead shower and glass shower screen, as well as a separate electric shower head. A built-in storage cupboard provides practical space, and there is a small double-glazed window to the rear allowing natural light to flow. The room is completed with a WC, wash hand basin with under-sink storage, and laminate flooring.

Bedroom Two - This spacious double bedroom features original floorboards, an original fireplace and a rustic wooden door. The room has a large double-glazed window to the front as well as a large radiator. This room also includes a built-in walk-in wardrobe with lighting.

Garden - A spacious tiered rear garden, offering a mix of patio, green space, and stunning countryside views. The lower patio area features a gate leading to a raised garden with an additional patio space. The top tier boasts a grass lawn, stone storage building, wooden shed and a gate opening to a footpath behind, offering beautiful views over the surrounding fields.

Useful Information - Tenure Freehold
Council Tax Band (B) - £1,756.26

Agent Details

Mighty House, Lancaster

01524 967572

Next Steps?

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