3 Bed Semi-Detached House, Single Let, Lancaster, LA1 2RQ, £130,000

Torrisholme Road, Lancaster, Lancashire, LA1 2RQ - 3 months ago

BTL
ROI: 7%
~67 m²
+11 photos

ValuationFair Value

Sold Prices£78.5K - £237.5K
Sold Prices/m²£1.1K/m² - £3.1K/m²

 

 

Square Metres

~66.90 m²
Price/m²£1.9K/m²

Value Estimate

£128,893

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,800

Total Cash In

£40,300

 

 

Cash Out

 

Rent Range

£750 - £1,200

Rent Estimate

£844

Running Costs/mo

£595

Cashflow/mo

£249

Cashflow/yr

£2,987

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £78.5K to £237.5K, average is £162K. £1.1K/m² to £3.1K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£95K10/230.04 mi5, Udale Place, Lancaster, Lancashire LA1 2RF3
£90K05/230.06 mi67, Ryelands Road, Lancaster, Lancashire LA1 2QZ3
£102.5K10/230.07 mi1, Ashdale Place, Lancaster, Lancashire LA1 2RE3
£100K09/230.08 mi8, Edenvale Crescent, Lancaster, Lancashire LA1 2NW3
£160K06/230.08 mi4, Edenvale Crescent, Lancaster, Lancashire LA1 2NW3
£147K11/200.08 mi5, Edenvale Road, Lancaster, Lancashire LA1 2NN3
£90K12/210.15 mi53, Austwick Road, Lancaster, Lancashire LA1 2QY3
£185K06/230.16 mi9, Ainsdale Close, Lancaster, Lancashire LA1 2SF3
£182.5K04/230.16 mi23, Ainsdale Close, Lancaster, Lancashire LA1 2SF3
£125K06/230.19 mi1, Morley Road, Lancaster, Lancashire LA1 2PB3
£120K05/210.19 mi32, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£128K04/210.19 mi53, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£175K06/210.2 mi6, Ingleborough Road, Lancaster, Lancashire LA1 2TB3
£182K03/210.2 mi35, Noel Road, Lancaster, Lancashire LA1 2LZ3
£183K08/230.21 mi11, Lambert Road, Lancaster, Lancashire LA1 2NA3
£78.5K07/230.21 mi9, Ravens Close, Lancaster, Lancashire LA1 2NT3
£185K06/210.22 mi28, Clare Road, Lancaster, Lancashire LA1 2LU3
£137K12/230.22 mi6, Mayfield Avenue, Lancaster, Lancashire LA1 2NX3
£122.5K03/210.22 mi8, Mayfield Avenue, Lancaster, Lancashire LA1 2NX3
£189.9K03/230.23 mi7, Ingleborough Road, Lancaster, Lancashire LA1 2TB3
£165K06/210.24 mi21, Whernside Road, Lancaster, Lancashire LA1 2TA3
£205K12/220.24 mi14, Malham Close, Lancaster, Lancashire LA1 2SJ3
£130K11/200.25 mi5, Borwick Drive, Lancaster, Lancashire LA1 2QA3
£237.5K12/230.25 mi12, Borwick Drive, Lancaster, Lancashire LA1 2QA3
£94K04/230.26 mi25, Crossgill Place, Lancaster, Lancashire LA1 2UF3
£150K11/200.26 mi9, Fairhope Avenue, Lancaster, Lancashire LA1 2LY3
£80K02/210.27 mi1, Roeburn Place, Lancaster, Lancashire LA1 2QL3
£210K08/230.27 mi23, Barley Cop Lane, Lancaster, Lancashire LA1 2NB3
£135K07/210.28 mi121, Barley Cop Lane, Lancaster, Lancashire LA1 2PH3
£133K07/230.28 mi100, Barley Cop Lane, Lancaster, Lancashire LA1 2PH3
£170K07/210.28 mi208, Torrisholme Road, Lancaster, Lancashire LA1 2TD3
£165K11/200.28 mi49, Scale Hall Lane, Lancaster, Lancashire LA1 2RP3
£172K01/210.3 mi17, Barley Cop Lane, Lancaster, Lancashire LA1 2NQ3
£217K09/230.31 mi56, West Drive, Lancaster, Lancashire LA1 5BZ3
£180K01/210.31 mi45, West Drive, Lancaster, Lancashire LA1 5BZ3
£145K04/210.31 mi90, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£155K05/230.31 mi22, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£145K05/210.31 mi94, Ashton Drive, Lancaster, Lancashire LA1 2LH3
£160K10/230.32 mi3, Vale Road, Lancaster, Lancashire LA1 2JN3
£143.5K03/240.32 mi7, Vale Road, Lancaster, Lancashire LA1 2JN3
£195K12/230.32 mi40, Scale Hall Lane, Lancaster, Lancashire LA1 2RR3
£180K12/200.32 mi39, Ingleborough Road, Lancaster, Lancashire LA1 2TE3
£145K03/210.32 mi40, Ingleborough Road, Lancaster, Lancashire LA1 2TE3
£210K05/230.33 mi9, Baker Street, Lancaster, Lancashire LA1 2ND3
£164K12/200.33 mi7, Baker Street, Lancaster, Lancashire LA1 2ND3
£179K10/210.33 mi8, West Drive, Lancaster, Lancashire LA1 5BY3
£215K11/210.33 mi17, West Drive, Lancaster, Lancashire LA1 5BY3
£201K07/230.33 mi7, West Drive, Lancaster, Lancashire LA1 5BY3
£165K01/230.33 mi5, West Drive, Lancaster, Lancashire LA1 5BY3
£168K12/200.34 mi10, Clare Road, Lancaster, Lancashire LA1 2LX3

Local Rents

16 rents from £750/mo to £1.2K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£92505/240.2 miWatery Lane, Lancaster3
£87505/240.22 miClare Road, Lancaster, LA13
£88005/240.35 miVale Road, Lancaster, LA13
£87506/240.41 mi-3
£87504/250.41 mi-3
£80007/230.43 mi-3
£85008/240.43 mi-3
£1,00004/240.47 miAbram Close, Lancaster3
£75004/250.48 miHeronsyke, Lancaster, LA13
£87506/240.5 mi-3
£87505/240.5 miAughton Court, Lancaster, LA13
£1,20005/240.52 miAbram Close, Lancaster3
£87507/240.55 mi-3
£82510/240.55 mi-3
£85004/240.58 miGregareth Close, Lancaster3
£1,10002/240.61 miSt George's Quay, Lancaster, LA13

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

1.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £130,000

February 13, 2025

Floor Plans

Description

  • Three bedroom semi-detached house +
  • Gardens to front and rear +
  • Immaculate decor throughout +
  • Close to transport links and amenities +
  • Spacious throughout +
  • Great buy! +

This stylish and modern three-bedroom semi-detached home is the perfect opportunity for first-time buyers or investors. Decorated throughout in timeless and smart shades of white and grey, it offers a contemporary and welcoming feel, ready for its next owners to move straight in.

Set back and elevated from the main road, the property enjoys a sense of privacy, enhanced by high front hedges. On-street parking is conveniently located opposite, next to the bus stop, ensuring easy access to local transport links.

Inside, the well-designed layout includes a spacious, dual-aspect lounge, allowing natural light to flood the space. A central enclosed staircase adds practicality, while the kitchen diner provides a great space for cooking, dining, and entertaining. There is also a sizable under-stairs storage cupboard in here.

Upstairs, there are three well-proportioned bedrooms, along with a bright, modern white bathroom.

One of the home's standout features is the south-facing rear garden, a suntrap that's perfect for summer BBQs and social gatherings.

Ideally located close to bus routes, local shops, and offering easy access to Lancaster, the motorway, and Morecambe, this home combines convenience with style.

An excellent proposition- early viewing is highly recommended!

Agent Details

Entwistle Green, Lancaster

01524 938270

Next Steps?

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