3 Bed Semi-Detached House, Single Let, Lancaster, LA1 2LD, £225,000

5 Tall Trees, Lancaster, LA1 2LD - 2 views - a month ago

Leasehold
BTL
69 m²
+10 photos

ValuationOvervalued

Sold Prices£78.5K - £270K
Sold Prices/m²£1K/m² - £3.4K/m²

 

 

Square Metres

69 m²
Price/m²£3.3K/m²

Value Estimate

£121,391

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£12,450

Total Cash In

£68,700

 

 

Cash Out

 

Rent Range

£750 - £950

Rent Estimate

£816

Running Costs/mo

£886

Cashflow/mo

£-70

Cashflow/yr

£-844

Gross Yield

4%

Local Sold Prices

50 sold prices from £78.5K to £270K, average is £150K. £1K/m² to £3.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£200K10/230 mi6, Tall Trees, Lancaster, Lancashire LA1 2LD3
£126K09/210.13 mi15, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£139.9K05/230.13 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£108K01/210.13 mi19, Beaumont Street, Lancaster, Lancashire LA1 2JE3
£188K09/230.14 mi12, Leyburn Road, Lancaster, Lancashire LA1 2HZ3
£85K10/210.16 mi49, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£160K12/220.16 mi48, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£140K10/230.16 mi9, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£135K07/230.16 mi47, Beaumont Place, Lancaster, Lancashire LA1 2EY3
£150K02/210.18 mi5, Wensley Drive, Lancaster, Lancashire LA1 2JA3
£160.1K07/210.18 mi6, Newby Drive, Lancaster, Lancashire LA1 2HY3
£165K10/210.18 mi12, Newby Drive, Lancaster, Lancashire LA1 2HY3
£155K08/210.2 mi37, Green Lane, Lancaster, Lancashire LA1 2ES3
£125K05/230.2 mi45, Slyne Road, Lancaster, Lancashire LA1 2JH3
£192K09/230.21 mi29, Tan Hill Drive, Lancaster, Lancashire LA1 2JB3
£120K07/210.22 mi45, Whalley Road, Lancaster, Lancashire LA1 2HE3
£116K11/200.22 mi51, Whalley Road, Lancaster, Lancashire LA1 2HE3
£155K03/210.23 mi80, Vale Road, Lancaster, Lancashire LA1 2JL3
£105.5K04/210.24 mi36, Howgill Avenue, Lancaster, Lancashire LA1 2HG3
£215K10/230.25 mi2, Green Lane, Lancaster, Lancashire LA1 2EW3
£144K08/210.25 mi3, Green Lane, Lancaster, Lancashire LA1 2EW3
£240K06/230.25 mi4, Green Lane, Lancaster, Lancashire LA1 2EW3
£160K10/230.25 mi3, Vale Road, Lancaster, Lancashire LA1 2JN3
£143.5K03/240.25 mi7, Vale Road, Lancaster, Lancashire LA1 2JN3
£131K10/230.27 mi7, Howgill Avenue, Lancaster, Lancashire LA1 2HF3
£136K01/210.29 mi35, Greenset Close, Lancaster, Lancashire LA1 2PW3
£210K08/230.3 mi23, Barley Cop Lane, Lancaster, Lancashire LA1 2NB3
£122.5K03/210.31 mi8, Mayfield Avenue, Lancaster, Lancashire LA1 2NX3
£137K12/230.31 mi6, Mayfield Avenue, Lancaster, Lancashire LA1 2NX3
£229.9K04/210.32 mi22, Slyne Road, Lancaster, Lancashire LA1 2HU3
£125K09/230.32 mi11, Hammerton Hall Close, Lancaster, Lancashire LA1 2JX3
£210K05/230.32 mi9, Baker Street, Lancaster, Lancashire LA1 2ND3
£164K12/200.32 mi7, Baker Street, Lancaster, Lancashire LA1 2ND3
£135K07/210.33 mi121, Barley Cop Lane, Lancaster, Lancashire LA1 2PH3
£133K07/230.33 mi100, Barley Cop Lane, Lancaster, Lancashire LA1 2PH3
£215K02/240.33 mi48, Slyne Road, Lancaster, Lancashire LA1 2HU3
£270K09/230.33 mi8, Slyne Road, Lancaster, Lancashire LA1 2HU3
£78.5K07/230.33 mi9, Ravens Close, Lancaster, Lancashire LA1 2NT3
£120K05/210.34 mi32, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£128K04/210.34 mi53, Edenvale Crescent, Lancaster, Lancashire LA1 2NR3
£200K07/210.37 mi13, Halton Road, Lancaster, Lancashire LA1 2EA3
£250K03/240.37 mi11, Halton Road, Lancaster, Lancashire LA1 2EA3
£182K03/210.37 mi35, Noel Road, Lancaster, Lancashire LA1 2LZ3
£86K12/200.38 mi16, Bank Road, Lancaster, Lancashire LA1 2DG3
£150K11/200.39 mi9, Fairhope Avenue, Lancaster, Lancashire LA1 2LY3
£125K06/230.39 mi1, Morley Road, Lancaster, Lancashire LA1 2PB3
£195K05/230.4 mi11, Pollard Place, Lancaster, Lancashire LA1 2EL3
£183K08/230.4 mi11, Lambert Road, Lancaster, Lancashire LA1 2NA3
£172K01/210.41 mi17, Barley Cop Lane, Lancaster, Lancashire LA1 2NQ3
£168K12/200.42 mi10, Clare Road, Lancaster, Lancashire LA1 2LX3

Local Rents

16 rents from £750/mo to £950/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£87506/240.05 mi-3
£87505/240.05 miAughton Court, Lancaster, LA13
£75004/250.07 miHeronsyke, Lancaster, LA13
£95006/240.15 mi-3
£95006/240.15 miBeaumont Place, Lancaster, LA13
£87506/240.17 mi-3
£87504/250.17 mi-3
£90004/240.18 mi-3
£90004/240.18 miBeaumont Place, Lancaster, LA13
£75005/240.19 miHowgill Avenue, Lancaster3
£88005/240.25 miVale Road, Lancaster, LA13
£87507/240.3 mi-3
£82510/240.3 mi-3
£87505/240.44 miClare Road, Lancaster, LA13
£80007/230.45 mi-3
£85009/240.45 mi-3

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

1.89 miles away

Nearest school

0.10 miles away

Nearest train station

1.23 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £225,000

March 3, 2025

Floor Plans

Description

A three bedroom semi detached family home set within a quiet, private development to the north of Lancaster, close to the Bay Gateway, handy for amenities and close to Lancaster Canal and the many beautiful walks that provides.

Situated on Tall Trees, this pleasing on the eye property boasts three well proportioned bedrooms, contemporary kitchen and bathrooms, a handy ground floor WC and a driveway to a garage. Offered for sale with no chain, why not take a look..

The Accommodation.. - This property has a lovely welcoming feel as you enter through the vestibule into the hallway where the spacious yet cosy and tastefully appointed lounge emerges. Beyond that is a well designed, spacious breakfast kitchen with a contemporary finish. The ground floor is completed by the modern and very handy ground floor WC. On the first floor are three well proportioned bedrooms, a white family bathroom suite and overhead loft access from the landing into a versatile and spacious and fully boarded loft space.

Outside - The property sits on a corner plot with driveway parking and a garage with an up and over door, power and light. The plot is laid to lawn to the rear and is private with gated access.

The Breakfast Kitchen - Nicely appointed this open plan space comprises a fitted kitchen with modern fittings including wall and base units, laminate work top surfaces and an electric oven with a gas hob and overhead extractor. The patio doors opening on to the garden is a lovely feature in the spring and summer.

The Situation - The property has been a successful rental property for the owners since purchase and meets the upcoming minimum EPC requirement of a C grade should anyone wish to continue on that path. The property is to be sold with full vacant possession and no chain.

The Location - A short drive into Lancaster city centre and an even shorter one to either the Bay Gateway for M6 access or to Hest Bank shore for a stunning walk and an imperious sunset. Lancaster Canal is easily accessible from here and there are amenities nearby including a large Spar shop, a petrol station and Beaumont College if that is a requirement.

Additional Information - The property had new windows within the last two years and the boiler has been replaced since the current owners acquired the property.

Services - The property is serviced with gas, electricity and mains water and drainage.

Tenure - The property is leasehold on a 999 year lease from 2001. LAN19978. There is a service charge of just £5 per month.

Council Tax - Band B. Lancaster City Council.

Viewings - Strictly by appointment via Houseclub Estate Agency.

Energy Performance Certificate - Available online - please contact Houseclub Estate Agents if any further information is required.

Agent Details

Houseclub, Lancaster

01524 969718

Next Steps?

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