3 Bed Terraced House, Single Let, Carnforth, LA5 9AQ, £120,000

6 Russell Road, Carnforth, LA5 9AQ - 25 days ago

Sold STC
BTL
ROI: 3%
84 m²
+8 photos

ValuationUndervalued

Sold Prices£95K - £295K
Sold Prices/m²£1.1K/m² - £2.9K/m²

 

 

Square Metres

84 m²
Price/m²£1.4K/m²

Value Estimate

£150,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£575 - £1,750

Rent Estimate

£595

Running Costs/mo

£514

Cashflow/mo

£81

Cashflow/yr

£972

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £95K to £295K, average is £161.5K. £1.1K/m² to £2.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£115K12/200.02 mi21, Highfield Road, Carnforth, Lancashire LA5 9BE3
£145K03/210.02 mi6, Highfield Road, Carnforth, Lancashire LA5 9BE3
£127K12/200.03 mi11, Fairfield Close, Carnforth, Lancashire LA5 9XL3
£127K12/200.03 mi11, Fairfield Close, Carnforth, Lancashire LA5 9XL3
£145K08/230.04 mi10, Highfield Road, Carnforth, Lancashire LA5 9AH3
£140K02/210.1 mi98, Kellet Road, Carnforth, Lancashire LA5 9LR3
£200K08/230.1 mi56, Kings Drive, Carnforth, Lancashire LA5 9AN3
£195K03/230.11 mi12, Alamein Road, Carnforth, Lancashire LA5 9BB3
£185K11/220.13 mi18, Highfield Road, Carnforth, Lancashire LA5 9AJ3
£165K07/210.13 mi22, Dunkirk Avenue, Carnforth, Lancashire LA5 9BA3
£140K10/200.14 mi21, Dunkirk Avenue, Carnforth, Lancashire LA5 9BA3
£150K03/230.16 mi10, Ullswater Crescent, Carnforth, Lancashire LA5 9AY3
£145K11/210.16 mi18, Kings Drive, Carnforth, Lancashire LA5 9AG3
£167.5K05/230.17 mi7, Coniston Road, Carnforth, Lancashire LA5 9AZ3
£154K11/200.19 mi56, Highfield Road, Carnforth, Lancashire LA5 9AL3
£165K01/210.2 mi29, Coniston Road, Carnforth, Lancashire LA5 9AX3
£155K03/230.2 mi25, Dunkirk Avenue, Carnforth, Lancashire LA5 9AW3
£192K12/220.23 mi75, Windermere Road, Carnforth, Lancashire LA5 9AS3
£167.5K02/230.25 mi78, Windermere Road, Carnforth, Lancashire LA5 9AS3
£95K02/210.25 mi94, Windermere Road, Carnforth, Lancashire LA5 9AS3
£196.5K08/230.26 mi10, Langdale Road, Carnforth, Lancashire LA5 9AU3
£150K09/210.26 mi24, Langdale Road, Carnforth, Lancashire LA5 9AU3
£183K02/230.28 mi14, Windermere Road, Carnforth, Lancashire LA5 9AR3
£175K12/200.28 mi2, Windermere Road, Carnforth, Lancashire LA5 9AR3
£185K03/230.3 mi76, North Road, Carnforth, Lancashire LA5 9NA3
£187K06/210.33 mi115, North Road, Carnforth, Lancashire LA5 9LX3
£216K09/210.33 mi119, North Road, Carnforth, Lancashire LA5 9LX3
£218K10/200.36 mi35, Redmayne Drive, Carnforth, Lancashire LA5 9XA3
£200K05/230.38 mi8, Scotland Road, Carnforth, Lancashire LA5 9JY3
£147.5K06/210.39 mi6, Stanley Street, Carnforth, Lancashire LA5 9DX3
£185K08/230.4 mi25, King Street, Carnforth, Lancashire LA5 9DU3
£139.9K11/210.41 mi23, Edward Street, Carnforth, Lancashire LA5 9DA3
£115K10/200.41 mi1, Alexandra Road, Carnforth, Lancashire LA5 9DT3
£140K03/210.41 mi12, Alexandra Road, Carnforth, Lancashire LA5 9DT3
£295K09/210.42 mi139, North Road, Carnforth, Lancashire LA5 9LU3
£142.5K03/230.42 mi34, New Street, Carnforth, Lancashire LA5 9BX3
£150K06/230.42 mi44, New Street, Carnforth, Lancashire LA5 9BX3
£167.5K06/210.44 mi5, Haws Hill, Carnforth, Lancashire LA5 9DD3
£188K03/210.45 mi2, Grosvenor Road, Carnforth, Lancashire LA5 9DQ3
£245K03/210.46 mi49, Redmayne Drive, Carnforth, Lancashire LA5 9XB3
£113K10/200.48 mi14, Hunter Street, Carnforth, Lancashire LA5 9BP3
£165K04/210.49 mi4, Haws Avenue, Carnforth, Lancashire LA5 9DH3
£195K05/210.49 mi9, Haws Avenue, Carnforth, Lancashire LA5 9DH3
£117.5K04/210.52 mi119, Lancaster Road, Carnforth, Lancashire LA5 9EE3
£175K12/220.52 mi15, Grosvenor Place, Carnforth, Lancashire LA5 9DL3
£147.5K09/210.55 mi35, Grosvenor Place, Carnforth, Lancashire LA5 9DL3
£157.5K03/210.55 mi10, Grosvenor Place, Carnforth, Lancashire LA5 9DL3
£170K07/230.55 mi34, Grosvenor Place, Carnforth, Lancashire LA5 9DL3
£158K02/230.55 mi49, Grosvenor Place, Carnforth, Lancashire LA5 9DL3
£144K11/200.59 mi16, Grosvenor Court, Carnforth, Lancashire LA5 9TX3

Local Rents

28 rents from £575/mo to £1.8K/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£65004/240.04 mi-2
£67508/240.32 mi-2
£79504/240.32 miNorth Road, Carnforth, LA52
£1,25004/240.39 miLancaster Road, Carnforth, LA54
£87504/240.39 miEdward Street, Carnforth3
£60012/240.4 mi-1
£65002/250.4 mi-1
£75004/240.41 miJohn Street, Carnforth, Lancashire, LA5 9ER1
£95011/240.42 mi-3
£79505/240.77 miHoward Mews, Carnforth, LA5 9UH2
£95003/250.79 mi-3
£59504/240.83 mi-2
£70004/240.84 miAlbert Street, Millhead, Carnforth2
£61505/240.84 mi22 Albert Street, Millhead, Carnforth, Lancashire, LA5 9DR1
£57505/240.88 mi-2
£65005/240.91 mi-2
£1,15011/240.93 mi-3
£1,25002/251.17 mi-2
£1,05004/241.4 miLymmcott, 43 Hawthorn Road, Bolton Le Sands, Carnforth, LA5 8EH2
£59502/241.42 mi-2
£1,50004/241.45 miShaw Lane, Nether Kellet, Carnforth, Lancashire4
£67512/241.49 mi-1
£89505/241.63 miMill Lane, Bolton Le Sands, Carnforth3
£89505/241.63 miMill Lane, Bolton Le Sands, Carnforth3
£92504/241.82 mi-2
£97505/241.82 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£1,75004/241.91 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£99504/241.94 miFern Lea, Bolton Le Sands, Carnforth2

Local Area Statistics

Population in LA5

16,353

Population in Carnforth

29,230

Town centre distance

1.29 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £120,000

March 6, 2025

Floor Plans

Description

Located in a discreet area of Carnforth, this spacious three bedroom mid-terraced home oozes potential. With two spacious reception rooms, three generous bedrooms and a four piece modern bathroom suite. To the front of the property, on road parking on a quiet street can be found, as well as good-sized rear garden providing the perfect back drop for entertaining or simply allowing little ones to run and play. With a plethora of amenities located in Carnforth Town centre, this property has exceptional transport links, with the M6 motorway less than a 5 minute drive way and Carnforth Train Station providing access to the West Coast mainline. No Chain.

Inside The Home - Stepping through the front door, you are welcomed into a Dining Room, with a UPVC double glazed window, which fills this room with ample natural light. This leads into a spacious yet cosy Living Room, fitted with a fire opening a door leading into the attached Kitchen. Fitted with a range of wall and base units with a complementary work top over and integrated appliances which include a four ring gas hob with an extractor above and an oven below. With practical space for appliances such as a fridge freezer, plumbing for a washing machine and dishwasher as well as two UPVC double glazed window showcasing views across the rear garden. To the first floor, two generous bedrooms can be found with the front bedroom providing rooftop views towards the surrounding Lancashire Countryside. To the second floor, a third generous bedroom can be found as well as a spacious, modern four piece bathroom suite with separate shower and bath. These two rooms have restricted head height in areas. This wonderful home offers a perfect blank canvas for first time buyers or families to create a wonderful family home of their choosing. This is also an ideal investment property as it is situated in a popular town where rental properties are in short supply. Offered to the market with No Chain.

Let's Take A Closer Look At The Area - Located in the popular market town of Carnforth, this fantastic home offers something for everyone. Located within walking distance of highly regarded primary and secondary schools, this home has amenities on its doorstep, including handy local connivence shops, a local pub and easy access on to the M6 motorway. Located in the centre of Carnforth, the historic Train Station sits proudly and reminds people of a time gone by when steam trains were the main mode of transport. There is also a variety of doctors surgeries, chemists, local and national shops, a range of eateries and pubs, as well as no less than three major supermarkets. This home is perfectly situated for both town and country, with the breath-taking Lancashire countryside within walking distance. There is also a main bus route located a stones throw away providing access local and further a field.

Let's Step Outside - To the front of the property there is on road parking on a quiet road. To the rear, an enclosed laid to lawn garden can be found, with a paved patio area providing the perfect backdrop for entertaining, or a secure place for little ones to run and play. With a large shed providing an excellent outdoor storage area, as well as secure wooden fencing and a rear gate.

Services - The property is fitted with a gas central heating boiler, and has mains electric, mains water and mains drainage.

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 💪