3 Bed Terraced House, Single Let, Lancaster, LA1 4BZ, £180,000

Avondale Road, Lancaster | A home with well proportioned rooms and a spacious layout, LA1 4BZ - a month ago

Sold STC
BTL
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£130K - £380K
Sold Prices/m²£1.7K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£205,579
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£525 - £2,800

Rent Estimate

£596

Running Costs/mo

£702

Cashflow/mo

£-106

Cashflow/yr

£-1,268

Gross Yield

4%

Local Sold Prices

50 sold prices from £130K to £380K, average is £195.6K. £1.7K/m² to £3.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£192K06/230.01 mi71, Avondale Road, Lancaster, Lancashire LA1 4BZ3
£200K09/210.05 mi15, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£215K09/210.05 mi33, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£192K05/230.05 mi9, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£175K11/210.06 mi15, Newsham Place, Lancaster, Lancashire LA1 4DF3
£165K11/200.06 mi1 - 3, Newsham Place, Lancaster, Lancashire LA1 4DF3
£205K09/230.07 mi3, Newsham Road, Lancaster, Lancashire LA1 4DG3
£192.5K09/230.07 mi24, Newsham Road, Lancaster, Lancashire LA1 4DG3
£193K11/220.07 mi52, Bowerham Road, Lancaster, Lancashire LA1 4BN3
£178K09/230.09 mi21, Malvern Avenue, Lancaster, Lancashire LA1 4BP3
£228K03/210.1 mi49, Rosebery Avenue, Lancaster, Lancashire LA1 4DJ3
£205K08/230.1 mi2, Parkfield Drive, Lancaster, Lancashire LA1 4BU3
£210K12/230.1 mi4, Parkfield Drive, Lancaster, Lancashire LA1 4BU3
£173K06/210.11 mi78, Newsham Road, Lancaster, Lancashire LA1 4DH3
£215K12/220.11 mi25, Bowerham Road, Lancaster, Lancashire LA1 4AA3
£246K06/230.12 mi43, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£228K04/230.12 mi41, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£200K03/230.12 mi51, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£173K11/200.12 mi54, Wellington Road, Lancaster, Lancashire LA1 4DN3
£204K01/240.12 mi45, Wellington Road, Lancaster, Lancashire LA1 4DN3
£174K12/200.12 mi50, Wellington Road, Lancaster, Lancashire LA1 4DN3
£180K02/240.12 mi52, Wellington Road, Lancaster, Lancashire LA1 4DN3
£155K08/230.12 mi18, Adelphi Street, Lancaster, Lancashire LA1 4AF3
£145K08/230.12 mi5, Adelphi Street, Lancaster, Lancashire LA1 4AF3
£290K09/210.12 mi24, Belle Vue Drive, Lancaster, Lancashire LA1 4DE3
£130K07/230.13 mi2, Cumberland View, Lancaster, Lancashire LA1 4AB3
£191.5K04/230.13 mi11, Golgotha Road, Lancaster, Lancashire LA1 3AA3
£180K07/230.13 mi38, Golgotha Road, Lancaster, Lancashire LA1 3AA3
£217K11/210.14 mi80, Bowerham Road, Lancaster, Lancashire LA1 4DR3
£198.1K08/210.14 mi3, Coulston Road, Lancaster, Lancashire LA1 3AD3
£192.5K02/230.15 mi4, Ulster Road, Lancaster, Lancashire LA1 4AH3
£380K11/210.15 mi13, Belle Vue Terrace, Lancaster, Lancashire LA1 4TY3
£212.5K01/240.17 mi69, Ulster Road, Lancaster, Lancashire LA1 4AH3
£166.5K09/210.17 mi38, Ulster Road, Lancaster, Lancashire LA1 4AH3
£210K08/230.17 mi75, Ulster Road, Lancaster, Lancashire LA1 4AH3
£187.5K11/200.18 mi20, York Road, Lancaster, Lancashire LA1 4DW3
£168K06/210.19 mi3, York Road, Lancaster, Lancashire LA1 4DW3
£205K03/210.2 mi103, Bowerham Road, Lancaster, Lancashire LA1 4HJ3
£190K01/230.21 mi14, West Street, Lancaster, Lancashire LA1 4UJ3
£240K02/230.21 mi7, Ash Grove, Lancaster, Lancashire LA1 4UH3
£290K04/230.21 mi8, Ash Grove, Lancaster, Lancashire LA1 4UH3
£257.5K07/230.21 mi9, Ash Grove, Lancaster, Lancashire LA1 4UH3
£260K02/240.22 mi16, Windsor Avenue, Lancaster, Lancashire LA1 4BE3
£285K02/210.24 mi30, Fern Bank, Lancaster, Lancashire LA1 4TT3
£131K02/210.24 mi47, Graham Street, Lancaster, Lancashire LA1 4UE3
£180K12/200.25 mi16, West Street, Lancaster, Lancashire LA1 4UJ3
£257.8K10/230.26 mi26, Shrewsbury Drive, Lancaster, Lancashire LA1 4BA3
£254K02/240.26 mi4, Warwick Avenue, Lancaster, Lancashire LA1 4HB3
£172K03/210.26 mi18, Palatine Avenue, Lancaster, Lancashire LA1 4HF3
£167K06/210.27 mi27, Palatine Avenue, Lancaster, Lancashire LA1 4HF3

Local Rents

30 rents from £525/mo to £2.8K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,56007/240.01 mi-3
£2,80003/250.03 mi-3
£92505/240.04 miAvondale Road, Lancaster3
£53305/240.05 mi20, Newsham Road, Lancaster3
£1,00005/240.05 miSomerset Avenue, Lancaster3
£95005/240.14 miWellington Road, Lancaster3
£98012/240.15 mi-3
£1,10003/240.18 miBowerham Road, Lancaster3
£1,09504/240.21 miKensington Road, Lancaster3
£99505/240.21 miKensington Road, Lancaster3
£1,09504/240.23 miKensington Road, Lancaster3
£99505/240.23 miKensington Road, Lancaster3
£85005/240.24 miKensington Road, Lancaster, LA13
£99505/240.24 miWest Street, Lancaster, LA1 4UJ3
£99512/240.25 mi-3
£1,20003/250.28 mi-3
£80004/240.29 miHastings Road, Lancaster, LA13
£90004/240.32 miSt. Pauls Road, Lancaster3
£1,10004/240.35 mi-3
£70004/240.37 miDorrington Road, Lancaster, LA13
£79504/240.45 miTower Court, Lancaster, LA13
£52505/240.47 miWinchester Avenue, Lancaster, LA13
£85012/240.47 mi-3
£1,05004/240.47 miAberdeen Road, Lancaster, LA13
£1,05003/240.47 mi-3
£85005/240.53 miKirkes Road, Lancaster, LA13
£95004/240.57 miBalmoral Road, Lancaster, LA13
£1,10005/240.57 miBalmoral Road, Lancaster3
£2,27505/240.59 mi-3
£2,49202/250.59 mi-3

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

0.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £180,000

February 27, 2025

Floor Plans

Description

  • Spacious Bayfront Bedroom +
  • Modern Living Area +
  • Extended Kitchen-Diner +
  • Three First-Floor Bedrooms | Two spacious doubles +
  • Well-Appointed Bathroom +
  • Original Period Details | Retained features include decorative fireplaces, picture rails, and bay windows with lattice glazing. +
  • Enclosed Rear Yard +
  • Prime Investment Opportunity | Situated in a high-demand rental area, ideal for investors or those seeking a home with adaptable living space. +

Location Welcome to Avondale Road, a popular residential street known for its friendly community and convenient location. With a mix of traditional and modern homes, it provides a comfortable and attractive setting for families, professionals, and retirees. Residents benefit from a variety of local amenities, including shops, supermarkets, and cafes, all within easy reach. Williamson Park is nearby, offering green spaces for walks and outdoor activities. The area is also well-served by schools, healthcare facilities, and reliable transport links, ensuring easy access to the city centre and beyond. Avondale Road combines residential comfort with everyday convenience, making it a desirable place to live for those looking for a well-connected and community-focused neighbourhood. Property Description Situated on Avondale Road, this traditional stone-built bayfront mid-terrace home is currently used as a student property. Set over two floors, the house offers well-proportioned rooms and a spacious layout, making it a practical investment opportunity. On the ground floor, the property opens via a black-painted door into an entrance vestibule, leading to a hallway with stairs to the first floor. The front reception room, originally the lounge, is now used as a ground-floor bedroom, retaining its original picture rails, coving, and an ornamental fireplace. The second reception room, now the main student living area, is newly decorated in cream and benefits from a uPVC glazed window overlooking the rear yard. The kitchen has been extended to create a generous kitchen-diner, featuring a modern cream gloss finish with stainless steel handles, dark glossy worktops, an inset one-and-a-half sink unit, and a built-in oven with a four-ring gas hob. The first floor comprises three bedrooms. The largest, spanning the front of the property, is decorated in cream and features a cast-iron ornamental fireplace. A second double bedroom, also newly decorated, includes a similar fireplace and overlooks the rear. The third bedroom, currently used as a dressing area or study, offers additional flexibility. The bathroom is fitted with a white three-piece suite and a gas-powered shower over the bath, complemented by beige marble-effect tiling. Externally, the property includes an enclosed rear yard. This property combines character and functionality, making it an attractive option for both rental investors and homeowners alike. This is a freehold property Key Features

  • Spacious Bayfront Bedroom

  • Modern Living Area

  • Extended Kitchen-Diner

  • Three First-Floor Bedrooms | Two spacious doubles

  • Well-Appointed Bathroom

  • Original Period Details | Retained features include decorative fireplaces, picture rails, and bay windows with lattice glazing.

  • Enclosed Rear Yard

  • Prime Investment Opportunity | Situated in a high-demand rental area, ideal for investors or those seeking a home with adaptable living space.

EPC Rating: D

Agent Details

JD Gallagher Estate Agents, Lancaster

01524 967550

Next Steps?

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