2 Bed Bungalow, Refurb/BRRR, Lancaster, LA2 6QS, £224,950

25 Harrowdale Park, Halton, Lancaster, LA2 6QS - 2 months ago

Refurb/BRRR
ROI: 9%
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£125K - £330K
Sold Prices/m²£1.9K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£167,848

 

 

End Value (After Refurb)

£178,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,238

Stamp Duty & Legal Fees

£12,448

Refurb Costs

£27,507

Bridging Loan Interest

£5,905

Total Cash In

£103,847

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£178,750

Mortgage (After Refinance)

£134,063

Mortgage LTV

75%

Cash Left In

£103,847

Equity

£44,688

Rent Range

£520 - £38,000

Rent Estimate

£1,709

Running Costs/mo

£920

Cashflow/mo

£789

Cashflow/yr

£9,463

ROI

9%

Gross Yield

9%

Local Sold Prices

32 sold prices from £125K to £330K, average is £187.5K. £1.9K/m² to £3.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£178K03/240.09 mi1, Haylot Drive, Halton, Lancaster, Lancashire LA2 6NW2
£228K06/230.12 mi6, Pointer Grove, Halton, Lancaster, Lancashire LA2 6QR2
£201K06/210.18 mi162, Low Road, Halton, Lancaster, Lancashire LA2 6NU2
£262.5K03/240.22 mi15, Beech Road, Halton, Lancaster, Lancashire LA2 6QQ2
£143K10/200.26 mi13, Penny Stone Road, Halton, Lancaster, Lancashire LA2 6QE2
£190K03/240.26 mi13, Penny Stone Road, Halton, Lancaster, Lancashire LA2 6QE2
£135K05/210.32 mi44, High Road, Halton, Lancaster, Lancashire LA2 6PS2
£167K10/200.32 mi40, High Road, Halton, Lancaster, Lancashire LA2 6PS2
£193K09/230.32 mi36, High Road, Halton, Lancaster, Lancashire LA2 6PS2
£270K09/230.32 mi83, High Road, Halton, Lancaster, Lancashire LA2 6PS2
£125K10/210.44 mi16, New Street, Halton, Lancaster, Lancashire LA2 6PR2
£149K03/210.52 mi15, High Road, Halton, Lancaster, Lancashire LA2 6LX2
£170K02/231.28 mi15, Ashcroft Close, Caton, Lancaster, Lancashire LA2 9RX2
£205K10/201.3 mi28, Hall Drive, Caton, Lancaster, Lancashire LA2 9QF2
£173K09/231.31 mi2, Ashcroft Close, Caton, Lancaster, Lancashire LA2 9RX2
£145K06/211.31 mi12, Ashcroft Close, Caton, Lancaster, Lancashire LA2 9RX2
£248K10/221.31 mi31, Hall Drive, Caton, Lancaster, Lancashire LA2 9QF2
£217K04/231.38 mi3, Rockmjock, Caton, Lancaster, Lancashire LA2 9QB2
£195K11/221.4 mi9, Kingfisher Court, Caton, Lancaster, Lancashire LA2 9PU2
£198K07/231.41 mi19, Greenfields, Caton, Lancaster, Lancashire LA2 9QY2
£330K02/211.51 mi14, Broadacre Place, Caton, Lancaster, Lancashire LA2 9NL2
£190K06/211.52 mi25, Broadacre, Caton, Lancaster, Lancashire LA2 9NQ2
£230K06/231.54 mi59, Hornby Road, Caton, Lancaster, Lancashire LA2 9QR2
£175K12/221.55 mi14, Fell View, Caton, Lancaster, Lancashire LA2 9RB2
£180K03/211.55 mi3, The Glen, Caton, Lancaster, Lancashire LA2 9NJ2
£156K11/231.58 mi31, Artlebeck Road, Caton, Lancaster, Lancashire LA2 9RL2
£180K01/211.6 mi10, Artlebeck Road, Caton, Lancaster, Lancashire LA2 9RQ2
£175K05/211.73 mi4, Bridge Road, Nether Kellet, Carnforth, Lancashire LA6 1HH2
£210K10/201.8 mi9, Main Road, Nether Kellet, Carnforth, Lancashire LA6 1HG2
£230K03/231.9 mi25, Pinewood Avenue, Brookhouse, Lancaster, Lancashire LA2 9NU2
£185K08/211.93 mi67, Main Road, Nether Kellet, Carnforth, Lancashire LA6 1EH2
£165K07/231.99 mi1, Ayrton View, Lancaster, Lancashire LA1 2RW2

Local Rents

50 rents from £520/mo to £38K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£85012/240.35 miHigh Road, Halton, LA22
£89507/240.36 mi-1
£85003/250.37 mi-2
£99003/250.43 mi-4
£99011/230.43 mi-4
£75004/240.52 miHigh Road, Halton, LA22
£38,00004/241.52 miQuernmore Road, Park, Lancaster, Lancashire, LA212
£1,50004/241.61 miShaw Lane, Nether Kellet, Carnforth, Lancashire4
£89512/241.85 miBrookhouse Road, Brookhouse, Lancaster2
£1,25002/252.08 mi-2
£90004/242.09 mi-3
£90004/242.09 miBeaumont Place, Lancaster, LA13
£75005/242.1 miHowgill Avenue, Lancaster3
£1,39504/242.12 miWoodlands Close, Lancaster4
£95006/242.13 mi-3
£95006/242.13 miBeaumont Place, Lancaster, LA13
£1,65005/242.16 miColeman Drive, Lancaster, LA14
£65012/242.19 mi-2
£1,15002/242.2 mi-3
£1,10005/242.21 miCentral Avenue, Lancaster5
£67501/242.22 mi-1
£69506/242.23 mi-2
£75004/252.23 mi-2
£87507/242.25 mi-3
£82510/242.25 mi-3
£65005/242.25 miAlexandra Road, Lancaster2
£67503/242.26 miAlexandra Road, Lancaster, LA12
£60005/242.27 miAlexandra Road, Lancaster, LA12
£87506/242.29 mi-3
£87505/242.29 miAughton Court, Lancaster, LA13
£1,75004/242.29 mi303 North Wing, The Residence, Kershaw Drive Lancaster, Lancashire, LA1 3TF3
£1,10005/242.3 miNorth Wing, The Residence, Kershaw Drive, Lancaster, LA12
£1,05005/242.3 miSwallow Close, Bolton Le Sands, Carnforth2
£75004/252.3 miHeronsyke, Lancaster, LA13
£65004/242.32 miAshbourne Road, Lancaster2
£1,60005/242.33 miNorth Wing, The Residence, Kershaw Drive, Lancaster3
£57504/242.34 mi9 Aldrens Lane, Lancaster, LA11
£65003/242.34 mi-2
£95004/242.35 miKershaw Drive, The Residence Kershaw Drive, LA12
£2,25004/242.35 mi201 South Wing, The Residence, Lancaster, Lancashire LA1 3SY4
£1,10003/242.35 miKershaw Drive, Lancaster2
£99504/242.36 miFern Lea, Bolton Le Sands, Carnforth2
£52005/242.38 miBroadway, Lancaster, LA11
£55003/242.38 miBroadway, Lancaster, LA11
£1,10004/242.38 miThe Residence, South Lancaster, LA12
£97504/242.4 miEllwood Square, Lancaster3
£1,50004/242.4 miQuernmore Road, Lancaster, Lancashire, LA22
£69505/242.41 miBroadway, Lancaster2
£97505/242.42 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£88005/242.42 miVale Road, Lancaster, LA13

Local Area Statistics

Population in LA2

21,979

Population in Lancaster

74,075

Town centre distance

3.67 miles away

Nearest school

0.30 miles away

Nearest train station

3.17 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Listed for £224,950

March 8, 2025

Floor Plans

Description

A well-proportioned two bedroom semi-detached bungalow in a convenient village location, within walking distance of local shops, primary school, eateries and the surrounding countryside. Halton boasts excellent transport links to Lancaster, Morecambe and the M6 motorway making this the ideal base for busy life.

The property offers plenty of living space with a large reception room providing room to entertain and relax with family and friends. While some areas are in need of modernisation, the property boasts excellent potential to create your beautiful new home. Two double bedrooms on the ground floor are serviced by the modern bathroom suite, with a separate WC by the side entrance, great for visitors and young children. The kitchen flows down into the bright and airy sun room at the rear which provides the perfect spot to enjoy a morning coffee, or watch the changing seasons as you relax and read. The attic space has been part converted, with a bedroom accessed by a drop down ladder above the main hallway and a large storage room beside which has potential to become an ensuite, extra sleeping space or home office depending on your needs.

A rear garden provides outside space to enjoy the warmer weather, with a detached garage beside which is perfect for a home workshop or additional storage. This property is being sold with no onward chain and is just waiting for you to add your mark and create your beautiful, conveniently located new home.

Hallway - 2.80 x 1.13 (9'2" x 3'8") - A carpeted hallway connects the living and sleeping spaces, with overhead access to the attic room above.

Living Room - 5.15 x 3.34 (16'10" x 10'11") - A large carpeted living room sits at the front of the property with a wide double glazed bay window looking out to the front garden and filling the space with natural light. There is ample room on the carpeted floor for multiple sofas and display units, with an electric fire forming the focal point of the room. Two double panel radiators sit either side of the space with a central ceiling light above, making it a warm and welcoming space to host family and friends.

Kitchen - 3.49 x 2.27 (11'5" x 7'5") - A functional galley kitchen sits to the side of the house, with a double glazed window above the sink and drainer and a single panel radiator beside the door. Whilst the units could do with modernising, the space feels bright and well-appointed, with a freestanding four ring electric hob and double oven, extractor fan, a new under counter washer dryer (up for negotiation) and the serviced Vaillant boiler mounted on the wall. There is ample space for food preparation and storage with countertops either side and both over and under counter cabinetry. The space flows down into the sun room at the rear.

Sun Room - 3.51 x 2.21 (11'6" x 7'3") - A bright and welcoming sun room sits off the kitchen at the rear of the property, with dual aspect double glazed windows and sliding glass doors taking in views of the garden and allowing the space to be opened up in the warmer months. There is ample room on the carpeted floor for seating and storage solutions, with a double panel radiator making the space useable and comfortable all year round.

Bathroom - 1.83 x 1.52 (6'0" x 4'11") - The bathroom sits off the main hallway beside the main bedroom and features a modern walk in shower enclosure, a floating sink with storage below plus a wall-mounted heated towel rail. Neutral rolled walls, a beige carpeted floor and an internal frosted glass window through to the sun room make this an inviting room to get ready in each day.

Wc - 1.79 x 0.78 (5'10" x 2'6") - A separate WC sits by the side door to the property and services the house, ideal for visitors and busy families. With a carpeted floor, wallpapered feature wall and frosted double glazed window, the space feels bright and vibrant. A low flush toilet sits beneath the window with a central ceiling light completing the room.

Airing Cupboard - 0.80 x 0.80 (2'7" x 2'7") - A deep airing cupboard sits off the main hallway and houses the hot water tank for the property, with shelving above and below perfect for storing cleaning supplies and airing laundry and linen.

Bedroom 1 - 3.50 x 3.38 (11'5" x 11'1") - A well-proportioned double bedroom benefits from a large double glazed window on the rear aspect taking in views of the green garden. With space on the carpeted floor for a double bed, bedside tables and a display unit, plus large fitted wardrobes with mirrored sliding doors you won’t be short of storage or space to relax in an evening.

Bedroom 2 - 3.52 x 2.45 (11'6" x 8'0") - A good sized double bedroom located at the front of the property boasts a wide double glazed window out to the front garden that provides plenty of daylight. Currently housing a double bed, bedside tables, seating and freestanding wardrobe it offers a versatile space. Whether for use as a bedroom, home office or hobby room, this bright and inviting room can be made into anything you want.

Attic Room - 3.95 x 2.91 (12'11" x 9'6") - A well-proportioned attic room is accessed via drop down ladder above the main hallway. Currently housing a double bed with built in wardrobes and dressing table on the carpeted floor, it is an ideal third sleeping space, home office or hobby room. A large double glazed window in the side aspect fills the space with light, with a double panel radiator below, making it a versatile space that can be configured to your needs.

Attic Storage - 2.98 x 2.91 (9'9" x 9'6") - A large space unconverted sits off the attic room, part boarded and standing height in the middle it offers plenty of potential for an en-suite, dressing room, additional bedroom or an access point for a staircase from the ground floor. Currently used for storage the space stretches into the eaves either side of the attic room, great for long term storage and bulkier items.

Garage - A detached garage offers the ideal space for a home workshop, storage or additional off-road parking for a vehicle. With an up and over door to the front off the driveway that runs along the side of the property and a single glazed window on the side aspect, you can choose how to utilise this well-proportioned external space. The corrugated roof is in need of repair to ensure the space is watertight and safe for storage.

Rear Garden - The rear garden can be accessed from the sliding doors from the sun room or via a secure gate from the driveway at the side. Featuring a paved patio, lawned area, rockery plant bed and a raised seating area beside the garage, it’s the perfect space to soak up the sun and enjoy the flowers and wildlife of the area.

Exterior - The front of the property boasts a three car driveway leading to detached garage at the rear. Situated at the end of a quiet cul-de-sac you will forget you're in the centre of the village, with a real sense of community and nearby shops. A lawned front garden with plant beds provides excellent kerb appeal.

Additional Information - Freehold. Council Tax Band C. Sold with no onward chain.

Agent Details

Houseclub, Lancaster

01524 969718

Next Steps?

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