4 Bed Detached House, Planning Permission, Lancaster, LA1 5JY, £425,000

Westbourne Road, Abraham Heights | A fabulous 4 bed detached family home, LA1 5JY - 1 views - a month ago

Sold STC
Planning
~129 m²
+19 photos

ValuationOvervalued

Sold Prices£115K - £800K
Sold Prices/m²£1.5K/m² - £4.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.3K/m²

Value Estimate

£311,317

 

 

End Value (After Refurb)

£376,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Refurb Costs

£52,259

Bridging Loan Interest

£11,156

Total Cash In

£205,115

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£376,250

Mortgage (After Refinance)

£282,188

Mortgage LTV

75%

Cash Left In

£205,115

Equity

£94,063

Rent Range

£494 - £3,250

Rent Estimate

£1,225

Running Costs/mo

£1,441

Cashflow/mo

£-216

Cashflow/yr

£-2,589

Gross Yield

3%

Local Sold Prices

38 sold prices from £115K to £800K, average is £329K. £1.5K/m² to £4.2K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£333K12/200 mi95, Westbourne Road, Lancaster, Lancashire LA1 5JY4
£390K09/230.03 mi25, Roosevelt Avenue, Lancaster, Lancashire LA1 5EJ4
£385K07/230.05 mi2, Coolidge Avenue, Lancaster, Lancashire LA1 5EH4
£399.9K10/220.1 mi107, Westbourne Road, Lancaster, Lancashire LA1 5JX4
£320K03/230.11 mi16, Bishopdale Road, Lancaster, Lancashire LA1 5NF4
£318.5K06/230.11 mi18, Bishopdale Road, Lancaster, Lancashire LA1 5NF4
£235K12/200.11 mi20, Bishopdale Road, Lancaster, Lancashire LA1 5NF4
£285K03/210.12 mi27, Coolidge Avenue, Lancaster, Lancashire LA1 5ER4
£325K06/210.18 mi1, Greythwaite Court, Lancaster, Lancashire LA1 5UD4
£615K05/210.19 miTrefan, Westbourne Drive, Lancaster, Lancashire LA1 5EE4
£618K02/230.21 miBrynmawr, Westbourne Drive, Lancaster, Lancashire LA1 5EE4
£312.5K02/210.21 mi250, Willow Lane, Lancaster, Lancashire LA1 5UA4
£382.5K04/230.24 mi65, Westbourne Road, Lancaster, Lancashire LA1 5AY4
£218.5K12/200.24 mi12, Milking Stile Lane, Lancaster, Lancashire LA1 5QB4
£278K11/200.28 mi47, Westbourne Road, Lancaster, Lancashire LA1 5DX4
£168K09/230.45 mi17, West Road, Lancaster, Lancashire LA1 5PG4
£245K11/200.46 mi7, Cotton Square, Lancaster, Lancashire LA1 5US4
£115K01/210.46 mi9, Hazel Grove, Lancaster, Lancashire LA1 5RY4
£336.3K11/210.48 mi32, Dallas Road, Lancaster, Lancashire LA1 1TW4
£387K04/210.49 mi76, Aldcliffe Road, Lancaster, Lancashire LA1 1SJ4
£390.5K09/210.51 mi18, Nairn Road, Lancaster, Lancashire LA1 5UY4
£300K01/210.54 mi24, New Quay Road, Lancaster, Lancashire LA1 5UZ4
£800K08/230.55 mi8, Castle Park, Lancaster, Lancashire LA1 1YQ4
£340K09/210.55 mi21, Portland Street, Lancaster, Lancashire LA1 1SZ4
£695K03/230.56 mi14, Castle Park, Lancaster, Lancashire LA1 1YQ4
£220K11/200.57 miRose Cottage, Long Marsh Lane, Lancaster, Lancashire LA1 5QY4
£485K03/210.62 mi4, Craiglands Court, Aldcliffe, Lancaster, Lancashire LA1 5AU4
£610K02/210.64 miHluhluwe, Haverbreaks Road, Lancaster, Lancashire LA1 5BJ4
£390K05/210.69 mi6a, Marlton Way, Lancaster, Lancashire LA1 5BW4
£495K12/200.71 mi4, Cartwright Court, Lancaster, Lancashire LA1 5XA4
£670K10/220.73 mi1, Millar Court, Lancaster, Lancashire LA1 5XB4
£322K11/210.77 mi55, South Road, Lancaster, Lancashire LA1 4XJ4
£220K11/210.78 mi15, River Street, Lancaster, Lancashire LA1 1AD4
£222K09/210.78 mi14, River Street, Lancaster, Lancashire LA1 1AD4
£290K01/240.78 mi11, River Street, Lancaster, Lancashire LA1 1AD4
£375K05/230.86 mi66, Greaves Road, Lancaster, Lancashire LA1 4UR4
£215K07/230.92 mi31, West Drive, Lancaster, Lancashire LA1 5BY4
£202K11/230.93 mi39, Bridge Road, Lancaster, Lancashire LA1 4UL4

Local Rents

15 rents from £494/mo to £3.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95005/240.13 miCleveland Drive, Lancaster3
£95006/240.13 miCleveland Drive, Lancaster3
£49405/240.25 mi6, Milking Stile Lane, Lancaster6
£51605/240.37 mi16, Kelsey Street, Lancaster4
£1,07504/240.41 miSt Lukes Court, Fairfield Road, Lancaster3
£79504/240.41 miFairfield Road, Lancaster3
£1,30012/240.44 mi-3
£1,83303/250.44 mi-4
£2,70803/250.46 mi-5
£51605/240.46 mi65, Blades Street, Lancaster6
£49404/240.51 mi50, Regent Street, Lancaster10
£79504/240.54 miHarrier Court, Fenton Street, Lancaster3
£1,54312/240.54 mi-4
£3,25003/250.54 mi-6
£1,15012/240.61 mi-4

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

0.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £425,000

March 13, 2025

Floor Plans

Description

  • This home is uPVC double-glazed throughout. +
  • Window shutters were added to the lounge, master and the 4th bedroom in 2022. +
  • It is gas central heated. | The gas combination boiler is discreetly located in the kitchen. +
  • All new radiators and pipework were installed in 2021 | including designer radiators in the hallway, living room and dining room. +
  • Planning permission for a two storey side extension was granted in 2023. +
  • This home is council tax band D. +
  • It is a freehold property. +
  • There is a useful outside tap. +

Where is Westbourne Road? Welcome to Westbourne Road, a popular residential street in the heart of Abraham Heights. This is one of central Lancaster's most popular locations and is just a 1 mile walk away from Lancaster City Centre. Excellent local schools are in the vicinity. Lancaster train station is just 1 mile away - perfect for regular commuters to Preston, Manchester and London. The area is surrounded by greenery and neighbouring open countryside; walk into the city or simply take a relaxing stroll in the Fauna Reserve and Millennium Orchard. From here you can also easily join the canal; it's a favourite with runners and dog walkers! About this home Perfectly positioned in the highly sought-after location of Abraham Heights, just a mile west of Lancaster City Centre, this delightful four-bedroom detached family home offers both convenience and character. As you enter, you’re greeted by a welcoming hallway with solid oak flooring that seamlessly leads into a spacious open-plan living area, perfect for modern family living. The ground floor also includes a convenient WC, set just off the hallway, and  a utility area with plumbing  under the stairs (created in 2023). The kitchen, with its cream shaker-style units, is both stylish and functional, featuring a built-in larder cupboard, deep pan drawers, and a double Neff oven, with a new dishwasher and fridge freezer, both fitted in 2024. Upstairs, the first floor hosts four well-proportioned bedrooms and a large, contemporary, four-piece bathroom. The attic is fully-boarded, has fitted shelving for storage and is accessible via a pull-down ladder. The home has excellent views towards the fields, with the iconic Blackpool Tower visible on clear days. Additional benefits of the property include a large and versatile garage with doors at both ends, ideal for storing a trailer or other equipment. The established south-facing garden is a true highlight of the property. It offers a tranquil and private retreat, enhanced by mature plants and trees, including apple and damson trees. This home perfectly balances the serenity of its surroundings with the convenience of city living. Extra Useful Information

  • This home is uPVC double-glazed throughout.

  • Window shutters were added to the lounge, master and the 4th bedroom in 2022.

  • It is gas central heated. The gas combination boiler is discreetly located in the kitchen.

  • All new radiators and pipework were installed in 2021, including designer radiators in the hallway, living room and dining room.

  • Planning permission for a two storey side extension was granted in 2023.

  • This home is council tax band D.

  • It is a freehold property.

  • There is a useful outside tap.

EPC Rating: C

Agent Details

JD Gallagher Estate Agents, Lancaster

01524 967550

Next Steps?

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