3 Bed Terraced House, Single Let, Lancaster, LA2 9LS, £145,000

4 Denny Bank, Denny Beck, Lancaster, Lancashire, LA2 9LS - 2 views - a month ago

Auction

BTL

ROI: 1%

89 m²

+16 photos

ValuationUndervalued

Sold Prices	£131K - £500K
Sold Prices/m²	£2K/m² - £4K/m²

Square Metres	89 m²
Price/m²	£1.6K/m²
Value Estimate	£179,800£179,800
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£36,250£36,250
Stamp Duty & Legal Fees	£5,550£5,550
Total Cash In	£41,800£41,800

Cash Out
Rent Range	£520 - £38,000£520 - £38,000
Rent Estimate	£622
Running Costs/mo	£598£598
Cashflow/mo	£24£24
Cashflow/yr	£294£294
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

21 sold prices from £131K to £500K, average is £247.5K. £2K/m² to £4K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£247.5K	03/21	0.34 mi	3, Town End Way, Halton, Lancaster, Lancashire LA2 6RJ	£2,171	114	3	Terraced House
£310K	06/21	0.36 mi	1, Riverside Close, Halton, Lancaster, Lancashire LA2 6NA	£2,263	137	3	Detached House
£265K	02/23	0.39 mi	27, Forgebank Walk, Halton, Lancaster, Lancashire LA2 6FD	£3,397	78	3	Terraced House
£131K	08/21	0.4 mi	3, Low Road, Halton, Lancaster, Lancashire LA2 6LZ	£2,220	59	3	Semi-Detached House
£310K	08/23	0.44 mi	21, High Road, Halton, Lancaster, Lancashire LA2 6LX	£2,403	129	3	Terraced House
£175K	04/23	0.5 mi	32, High Road, Halton, Lancaster, Lancashire LA2 6PS	£2,108	83	3	Terraced House
£233.5K	07/21	0.51 mi	12, Clougha Avenue, Halton, Lancaster, Lancashire LA2 6NP	-	-	3	Semi-Detached House
£190.3K	12/20	0.51 mi	12, Clougha Avenue, Halton, Lancaster, Lancashire LA2 6NP	-	-	3	Semi-Detached House
£235K	12/20	0.53 mi	24, Forgewood Drive, Halton, Lancaster, Lancashire LA2 6NY	£2,196	107	3	Detached House
£255K	09/23	0.53 mi	32, Forgewood Drive, Halton, Lancaster, Lancashire LA2 6NY	-	-	3	Detached House
£300K	03/23	0.55 mi	168, Low Road, Halton, Lancaster, Lancashire LA2 6NU	£3,995	75	3	Semi-Detached House
£248K	01/23	0.56 mi	4, Meadowfield, Halton, Lancaster, Lancashire LA2 6PT	£3,047	81	3	Semi-Detached House
£165K	02/21	0.57 mi	1, Thrushgill Drive, Halton, Lancaster, Lancashire LA2 6NN	£2,404	69	3	Semi-Detached House
£290K	08/23	0.57 mi	27, Lythe Fell Avenue, Halton, Lancaster, Lancashire LA2 6NJ	-	-	3	Semi-Detached House
£284K	04/23	0.69 mi	9, Beech Road, Halton, Lancaster, Lancashire LA2 6QQ	-	-	3	Semi-Detached House
£230K	09/21	0.72 mi	42, Oak Drive, Halton, Lancaster, Lancashire LA2 6QL	£2,018	114	3	Semi-Detached House
£230K	10/20	0.72 mi	38, Oak Drive, Halton, Lancaster, Lancashire LA2 6QL	£3,667	63	3	Semi-Detached House
£180K	06/21	0.73 mi	136, High Road, Halton, Lancaster, Lancashire LA2 6QA	£2,308	78	3	Terraced House
£240K	01/21	0.75 mi	8, Pointer Grove, Halton, Lancaster, Lancashire LA2 6QR	£2,124	113	3	Semi-Detached House
£385K	12/20	0.83 mi	The Coach House, Foundry Lane, Slyne, Lancaster, Lancashire LA2 6BH	£2,500	154	3	Detached House
£500K	07/23	0.83 mi	The Coach House, Foundry Lane, Slyne, Lancaster, Lancashire LA2 6BH	£3,247	154	3	Detached House

Local Rents

50 rents from £520/mo to £38K/mo, average is £900/mo.

Rent	Date	Distance	Address	Beds	Type
£850	03/25	0.36 mi	-	2	Flat
£895	07/24	0.36 mi	-	1	Flat
£750	04/24	0.44 mi	High Road, Halton, LA2	2	Flat
£850	12/24	0.5 mi	High Road, Halton, LA2	2	Terraced House
£990	03/25	0.51 mi	-	4	Terraced House
£990	11/23	0.51 mi	-	4	Terraced House
£38,000	04/24	1.07 mi	Quernmore Road, Park, Lancaster, Lancashire, LA2	12	Flat
£1,395	04/24	1.43 mi	Woodlands Close, Lancaster	4	Detached House
£1,650	05/24	1.46 mi	Coleman Drive, Lancaster, LA1	4	Detached House
£1,150	02/24	1.5 mi	-	3	Terraced House
£1,750	04/24	1.59 mi	303 North Wing, The Residence, Kershaw Drive Lancaster, Lancashire, LA1 3TF	3	Flat
£1,100	05/24	1.6 mi	North Wing, The Residence, Kershaw Drive, Lancaster, LA1	2	Flat
£750	05/24	1.6 mi	Howgill Avenue, Lancaster	3	House
£900	04/24	1.61 mi	-	3	Semi-Detached House
£900	04/24	1.61 mi	Beaumont Place, Lancaster, LA1	3	Detached House
£1,600	05/24	1.63 mi	North Wing, The Residence, Kershaw Drive, Lancaster	3	Flat
£950	04/24	1.64 mi	Kershaw Drive, The Residence Kershaw Drive, LA1	2	Flat
£2,250	04/24	1.65 mi	201 South Wing, The Residence, Lancaster, Lancashire LA1 3SY	4	Flat
£950	06/24	1.65 mi	-	3	Semi-Detached House
£950	06/24	1.65 mi	Beaumont Place, Lancaster, LA1	3	Semi-Detached House
£1,100	03/24	1.65 mi	Kershaw Drive, Lancaster	2	Flat
£695	06/24	1.66 mi	-	2	Terraced House
£1,100	04/24	1.68 mi	The Residence, South Lancaster, LA1	2	Flat
£650	05/24	1.69 mi	Alexandra Road, Lancaster	2	House
£675	03/24	1.69 mi	Alexandra Road, Lancaster, LA1	2	Terraced House
£600	05/24	1.69 mi	Alexandra Road, Lancaster, LA1	2	Terraced House
£875	07/24	1.69 mi	-	3	Semi-Detached House
£825	10/24	1.69 mi	-	3	Semi-Detached House
£975	04/24	1.69 mi	Ellwood Square, Lancaster	3	Flat
£1,100	05/24	1.7 mi	Central Avenue, Lancaster	5	House
£1,500	04/24	1.7 mi	Quernmore Road, Lancaster, Lancashire, LA2	2	Flat
£800	05/24	1.73 mi	St. Andrews Close, Lancaster	2	Flat
£650	04/24	1.75 mi	Ashbourne Road, Lancaster	2	Flat
£575	04/24	1.75 mi	9 Aldrens Lane, Lancaster, LA1	1	Flat
£650	03/24	1.75 mi	-	2	Terraced House
£550	03/24	1.78 mi	Broadway, Lancaster, LA1	1	Terraced House
£520	05/24	1.78 mi	Broadway, Lancaster, LA1	1	Terraced House
£875	06/24	1.79 mi	-	3	Semi-Detached House
£875	05/24	1.79 mi	Aughton Court, Lancaster, LA1	3	Semi-Detached House
£1,450	05/24	1.81 mi	Masonfield Crescent, Standen Gate, Lancaster, LA1	4	Terraced House
£750	04/24	1.81 mi	Bridge Square Apartments, Kingsway, Lancaster, LA1	2	Flat
£625	04/24	1.81 mi	Bridge Square Apartments, Kingsway, Lancaster, LA1	1	Flat
£625	05/24	1.81 mi	Bridge Square Apartments, Kingsway, Lancaster, LA1	1	Flat
£750	05/24	1.81 mi	Bridge Square Apartments, Kingsway, Lancaster, LA1	2	Flat
£695	05/24	1.82 mi	Broadway, Lancaster	2	Terraced House
£1,850	04/24	1.82 mi	6 Standen Park House, Lancaster, Lancashire, LA1 3FF	4	Flat
£1,500	08/23	1.84 mi	-	3	Terraced House
£1,400	04/24	1.84 mi	-	3	Terraced House
£1,250	07/24	1.84 mi	-	3	Terraced House
£1,100	09/24	1.84 mi	-	3	Terraced House

Local Area Statistics

Population in LA2	21,97921,979
Population in Lancaster	74,07574,075
Town centre distance	2.99 miles away2.99 miles away
Nearest school	0.60 miles away0.60 miles away
Nearest train station	2.53 miles away2.53 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+7%+7%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+18%+18%

Property History

Listed for £145,000

February 26, 2025

Floor Plans

Description

Guide Price = **£145,000+

For Sale By Public Auction 20th March 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack

A Vacant Three Bedroom Mid Terrace House

**Tenure
Freehold

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Playground St Wilfrid's Park are within easy reach. Transport links are provided by Lancaster rail station and the M6.

Description
The property comprises a three bedroom mid terrace house arranging over ground and first floors.

Accommodation
Ground Floor
Two Reception Rooms
Kitchen

First Floor
Three Bedrooms
Bathroom

Exterior
The property benefits from a rear garden.

EPC Rating
E

Viewing Schedule (No Booking Required)

Saturday 8 March 11:00 - 11:30
Saturday 15 March 11:00 - 11:30

Agent Details

Auction House London, Hampstead

020 3897 6030

Next Steps?

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

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3 Bed Terraced House, Single Let, Lancaster, LA2 9LS, £145,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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