2 Bed Terraced House, Single Let, Lancaster, LA1 3DH, £160,000

39 Gregson Road, Lancaster, LA1 3DH - 2 views - a month ago

BTL
67 m²
+8 photos

ValuationOvervalued

Sold Prices£103K - £211K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

67 m²
Price/m²£2.4K/m²

Value Estimate

£138,665

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£641 - £1,647

Rent Estimate

£650

Running Costs/mo

£650

Cashflow/mo

£0

Cashflow/yr

£0

Gross Yield

5%

Local Sold Prices

50 sold prices from £103K to £211K, average is £140K. £1.5K/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£142K06/230 mi15, Gregson Road, Lancaster, Lancashire LA1 3DH2
£121.5K05/210 mi41, Gregson Road, Lancaster, Lancashire LA1 3DH2
£105K11/200.01 mi33, Perth Street, Lancaster, Lancashire LA1 3DR2
£108.5K12/210.03 mi14, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£127.5K11/210.03 mi29, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£140K07/230.03 mi14, Dunkeld Street, Lancaster, Lancashire LA1 3DQ2
£152K07/230.03 mi17, Dundee Street, Lancaster, Lancashire LA1 3DS2
£119K06/210.03 mi18, Dundee Street, Lancaster, Lancashire LA1 3DS2
£115K04/230.03 mi9, Dundee Street, Lancaster, Lancashire LA1 3DS2
£117K12/200.04 mi70, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£125K09/210.04 mi74, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£159K07/230.04 mi92, Aberdeen Road, Lancaster, Lancashire LA1 3DB2
£145K12/200.06 mi11, Kirkes Road, Lancaster, Lancashire LA1 3DP2
£210K02/230.06 mi6, Kirkes Road, Lancaster, Lancashire LA1 3DW2
£150K12/200.06 mi61, Kirkes Road, Lancaster, Lancashire LA1 3DW2
£140K03/230.06 mi5, Elgin Street, Lancaster, Lancashire LA1 3DG2
£103K02/210.06 mi35, Elgin Street, Lancaster, Lancashire LA1 3DG2
£130K12/230.07 mi6, Tarbet Street, Lancaster, Lancashire LA1 3DN2
£163.5K01/240.08 mi4, Ayr Street, Lancaster, Lancashire LA1 3DT2
£131.4K03/210.08 mi1, Ayr Street, Lancaster, Lancashire LA1 3DT2
£131K04/210.08 mi20, Argyle Street, Lancaster, Lancashire LA1 3DD2
£150K10/230.08 mi17, Argyle Street, Lancaster, Lancashire LA1 3DD2
£161K05/230.08 mi22, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£124K03/210.08 mi38, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£126.8K02/210.08 mi62, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£158K05/230.08 mi62, Aberdeen Road, Lancaster, Lancashire LA1 3DA2
£134K03/230.09 mi54, Melrose Street, Lancaster, Lancashire LA1 3DL2
£135K03/240.09 mi10, Melrose Street, Lancaster, Lancashire LA1 3DL2
£129K10/230.09 mi38, Melrose Street, Lancaster, Lancashire LA1 3DL2
£117K04/210.1 mi13, Stirling Road, Lancaster, Lancashire LA1 3DE2
£189.9K05/210.11 mi48, Wyresdale Road, Lancaster, Lancashire LA1 3DU2
£124.5K03/210.13 mi17, Clarence Street, Lancaster, Lancashire LA1 3BG2
£211K10/220.14 mi19, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£187.5K12/210.14 mi23, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£195K12/230.14 mi27, Wyresdale Gardens, Lancaster, Lancashire LA1 3FA2
£169.9K12/200.15 mi4, Parker Street, Lancaster, Lancashire LA1 3EP2
£120K02/230.15 mi8, Vincent Street, Lancaster, Lancashire LA1 3BA2
£146.5K06/210.15 mi31, Vincent Street, Lancaster, Lancashire LA1 3BA2
£132K11/200.15 mi5, Vincent Street, Lancaster, Lancashire LA1 3BA2
£143K12/200.15 mi6, Vincent Street, Lancaster, Lancashire LA1 3BA2
£145K09/230.15 mi20, Vincent Street, Lancaster, Lancashire LA1 3BA2
£138.5K02/210.16 mi6, Bond Street, Lancaster, Lancashire LA1 3ER2
£132.5K11/210.17 mi30, Langley Road, Lancaster, Lancashire LA1 3AZ2
£140K03/230.17 mi8, Langley Road, Lancaster, Lancashire LA1 3AZ2
£126K10/210.17 mi12, Bradshaw Street, Lancaster, Lancashire LA1 3BE2
£182K08/230.18 mi76, Prospect Street, Lancaster, Lancashire LA1 3BJ2
£170K09/210.18 mi45, Park Road, Lancaster, Lancashire LA1 3EJ2
£154K12/200.18 mi34, Park Road, Lancaster, Lancashire LA1 3EJ2
£172K01/240.18 mi32, Park Road, Lancaster, Lancashire LA1 3EJ2
£140K10/230.2 mi29, Eastham Street, Lancaster, Lancashire LA1 3AY2

Local Rents

50 rents from £641/mo to £1.6K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£85004/240 miGregson Road, Lancaster2
£67504/240.01 miGregson Road, Lancaster2
£75002/250.03 mi-2
£75005/240.04 miGregson Road, Lancaster, LA12
£72502/250.04 mi-2
£70012/240.05 mi-2
£75004/240.06 miElgin Street, Lancaster2
£65004/240.1 miArgyle Street, Lancaster2
£65006/240.1 mi-2
£65005/240.1 miQuarry Mount Mews, Lancaster, LA12
£70003/240.12 mi-2
£65905/240.16 miGreenfield Court, Quarry Road, Lancaster, Lancashire, LA12
£1,00004/240.16 mi-2
£73001/250.18 mi-2
£72512/240.19 mi-2
£70003/250.19 mi-2
£75004/240.19 miEastham Street, Lancaster, LA12
£70005/240.2 miEastham Street, Lancaster, LA12
£80005/240.21 mi-2
£77505/240.21 miDavidson Street, Lancaster2
£65004/240.21 miWestham Street, Lancaster2
£72505/240.22 miWestham Street, Lancaster2
£75006/240.22 miWestham Street, Lancaster, LA12
£75005/240.23 miSt Peters Road Lancaster2
£90004/240.27 miAalborg Place, Court View House, LA12
£1,10004/240.28 miThe Roundhouse, Robert Street, LA12
£87505/240.31 miNelson Street, Lancaster2
£64105/240.32 miBulk Street, Lancaster2
£89506/240.34 mi-2
£92505/240.34 miWhitbarrow Square, Lancaster, LA12
£92506/240.34 miWhitbarrow Square, Lancaster, LA12
£70004/240.35 miThurnham Street, City Centre, Lancaster, LA12
£77505/240.35 miSouth Road, Lancaster, LA12
£1,05005/240.38 miNightingale House, LA1 4JT2
£82512/240.42 mi-2
£1,10005/240.42 miRoyal View, Knight's Bridge Apartments, Lancaster, LA12
£1,49505/240.43 mi-2
£1,64703/250.43 mi-2
£85004/240.47 mi-2
£75006/240.47 mi-2
£75005/240.47 miCromwell Building, Lancaster, LA12
£85002/250.48 mi-2
£79504/240.48 miAvondale Road, Lancaster2
£95012/240.49 mi-2
£85004/240.5 miSwallow Wharf, Troutbeck Road, Lancaster2
£80004/240.51 miThe Colonnade, Lancaster, LA12
£1,50004/240.52 miQuernmore Road, Lancaster, Lancashire, LA22
£1,20004/240.52 miWindermere House, Middle St, Lancaster, LA12
£1,20005/240.53 mi-2
£1,05005/240.53 miMiddle Street, Windermere House Middle Street, LA12

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

0.85 miles away

Nearest school

0.10 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £160,000

February 28, 2025

Floor Plans

Description

A beautifully presented, open plan mid terraced home, located in a quiet yet convenient area of Lancaster. This stylish home was fully modernised two years ago, with a modern kitchen, new consumer unit, partial reroof and new central heating boiler. With two generous bedrooms and a spacious bathroom. With on street parking to the front and a secure rear yard, this lovely home is perfect for first time buyers, investors or an ideal lock up and leave. No Chain.

Inside The Home - Modernised throughout approximately 2 years ago, you enter the property via a UPVC double glazed door leading into a light and bright entrance vestibule that leads into a entrance hall, with stairs leading to the first floor. Continuing into a generous, open plan Living Dining Room, this provides the perfect back drop for family life, social gatherings or simply a quiet night in. With access to a beautifully modern kitchen fitted with a range of wall and base units with all modern appliances. With a UPVC double glazed door providing access to the rear yard and a range of UPVC double glazed windows filling the ground floor with ample natural light. To the first floor two generous bedrooms can be found, with a handy built in storage cupboard located on the landing, and access to a modern three piece bathroom, with a built in cupboard housing a modern gas central heating boiler.

Let's Take A Closer Look At The Area - Located in the popular Moorlands area of Lancaster, this property provides purchasers with a range of amenities including national and independant shops, easteries and pubs, as well as handy access to local landmarks such as Williamsons Park and the Historic Lancaster Canal. With a short walk, you can reach the historic city of Lancaster where a plethora of additional shops, dentists and doctors surgeries can be found, as well as handy access onto the M6 Motorway and the West Coast Main Line Train Station providing excellent access further a field.

Let's Step Outside - To the front of the property there is on road parking. To the rear, a spacious rear yard can be found providing the perfect place for potted plants and sitting out on a warm summers day. A rear gate provides access to a shared rear alley.

Services - The property is fitted with a gas central heating boiler, and has mains electric, mains water and mains drainage. The consumer unit was also upgraded approximately 2 years ago as well as the Gas central heating boiler and a partial new roof to one side. The property has also recieved remidial works for movement which has been completed and fully certified. For more information, please ask contact our office.

Tenure - The property is Freehold.

Council Tax - This home is Band A under Lancaster City Council.

Viewings - Strictly by appointment via Houseclub Estate Agency.

Energy Performance Certificate - View online or for more information contact our office for details.

Agent Details

Houseclub, Lancaster

01524 969718

Next Steps?

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