3 Bed Terraced House, Single Let, Lancaster, LA1 3BN, £110,000

30 Primrose Street, Lancaster, Lancashire LA1 3BN - a month ago

Auction
BTL
ROI: 8%
74 m²
+6 photos

ValuationUndervalued

Sold Prices£122.5K - £290K
Sold Prices/m²£1.4K/m² - £3.8K/m²

 

 

Square Metres

74 m²
Price/m²£1.5K/m²

Value Estimate

£137,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£533 - £2,800

Rent Estimate

£723

Running Costs/mo

£508

Cashflow/mo

£215

Cashflow/yr

£2,576

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £122.5K to £290K, average is £192.5K. £1.4K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£173K02/230.06 mi3, Bradshaw Street, Lancaster, Lancashire LA1 3BE3
£143K04/230.09 mi6, Elgin Street, Lancaster, Lancashire LA1 3DG3
£170K02/230.09 mi18, Argyle Street, Lancaster, Lancashire LA1 3DD3
£150K12/200.09 mi73, Clarence Street, Lancaster, Lancashire LA1 3BB3
£170K05/230.11 mi55, Gregson Road, Lancaster, Lancashire LA1 3DH3
£178K03/230.11 mi2, Argyle Street, Lancaster, Lancashire LA1 3DD3
£265K04/230.12 mi22, Dumbarton Road, Lancaster, Lancashire LA1 3BX3
£135K11/200.12 mi19, Eastham Street, Lancaster, Lancashire LA1 3AY3
£169.9K03/210.16 mi51, Kirkes Road, Lancaster, Lancashire LA1 3DW3
£200K02/230.19 mi9, Tower Court, Lancaster, Lancashire LA1 4XH3
£290K10/210.21 mi13, Park Avenue, Lancaster, Lancashire LA1 3DX3
£250K11/200.21 mi16, Park Avenue, Lancaster, Lancashire LA1 3DX3
£160K06/230.25 mi20, Moor Close, Lancaster, Lancashire LA1 3QP3
£152.5K11/230.25 mi27, Moor Close, Lancaster, Lancashire LA1 3QP3
£139K06/230.26 mi9, St Peters Mews, Lancaster, Lancashire LA1 3QR3
£125K04/230.28 mi17, Park Square, Lancaster, Lancashire LA1 3EH3
£122.5K11/200.29 mi8, Railway Street, Lancaster, Lancashire LA1 4XA3
£130K07/230.32 mi2, Cumberland View, Lancaster, Lancashire LA1 4AB3
£178K09/230.32 mi21, Malvern Avenue, Lancaster, Lancashire LA1 4BP3
£259K12/200.33 mi22, Rydal Road, Lancaster, Lancashire LA1 3HA3
£246K06/230.33 mi43, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£228K04/230.33 mi41, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£200K03/230.33 mi51, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£220K06/210.33 mi5, Clougha Avenue, Lancaster, Lancashire LA1 3JG3
£205K08/230.33 mi2, Parkfield Drive, Lancaster, Lancashire LA1 4BU3
£210K12/230.33 mi4, Parkfield Drive, Lancaster, Lancashire LA1 4BU3
£215K12/220.34 mi25, Bowerham Road, Lancaster, Lancashire LA1 4AA3
£145K09/230.34 mi24, Williamson Road, Lancaster, Lancashire LA1 3QA3
£176K02/210.35 mi7, Golgotha Village, Lancaster, Lancashire LA1 3DZ3
£193K11/220.36 mi52, Bowerham Road, Lancaster, Lancashire LA1 4BN3
£200K09/210.36 mi15, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£215K09/210.36 mi33, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£192K05/230.36 mi9, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£256.5K11/210.37 mi84, Ullswater Road, Lancaster, Lancashire LA1 3PS3
£195K06/210.37 mi66, Ullswater Road, Lancaster, Lancashire LA1 3PS3
£242K08/210.37 mi84, Grasmere Road, Lancaster, Lancashire LA1 3HB3
£167K03/210.38 mi91, Windermere Road, Lancaster, Lancashire LA1 3EZ3
£241K04/230.38 mi80, Windermere Road, Lancaster, Lancashire LA1 3EZ3
£192K11/210.38 mi23, Sulby Drive, Lancaster, Lancashire LA1 4UB3
£155K08/230.39 mi18, Adelphi Street, Lancaster, Lancashire LA1 4AF3
£145K08/230.39 mi5, Adelphi Street, Lancaster, Lancashire LA1 4AF3
£192K06/230.42 mi71, Avondale Road, Lancaster, Lancashire LA1 4BZ3
£191.5K04/230.42 mi11, Golgotha Road, Lancaster, Lancashire LA1 3AA3
£180K07/230.42 mi38, Golgotha Road, Lancaster, Lancashire LA1 3AA3
£260K09/230.42 mi128, Coulston Road, Lancaster, Lancashire LA1 3AB3
£272.5K06/210.42 mi120, Coulston Road, Lancaster, Lancashire LA1 3AB3
£240K01/230.42 mi78, Coulston Road, Lancaster, Lancashire LA1 3AB3
£198.1K08/210.44 mi3, Coulston Road, Lancaster, Lancashire LA1 3AD3
£265K11/200.44 mi16, Ullswater Road, Lancaster, Lancashire LA1 3PP3
£270K08/230.44 mi15, Ullswater Road, Lancaster, Lancashire LA1 3PP3

Local Rents

32 rents from £533/mo to £2.8K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,05004/240.06 miAberdeen Road, Lancaster, LA13
£1,05003/240.06 mi-3
£85012/240.07 mi-3
£95004/240.16 miBalmoral Road, Lancaster, LA13
£1,10005/240.16 miBalmoral Road, Lancaster3
£85005/240.16 miKirkes Road, Lancaster, LA13
£79504/240.19 miTower Court, Lancaster, LA13
£1,75012/240.27 mi-3
£1,20003/250.27 mi-3
£2,27505/240.36 mi-3
£2,49204/250.36 mi-3
£1,00005/240.36 miSomerset Avenue, Lancaster3
£99512/240.36 mi-3
£1,56007/240.41 mi-3
£2,80002/250.42 mi-3
£92505/240.44 miAvondale Road, Lancaster3
£53305/240.45 mi20, Newsham Road, Lancaster3
£1,05002/240.48 mi-3
£90006/240.48 mi-3
£90005/240.48 miCromwell Building, Lancaster, LA13
£95005/240.48 miCromwell Building, Lancaster, LA13
£98012/240.52 mi-3
£99505/240.52 miWest Street, Lancaster, LA1 4UJ3
£79504/240.53 miHarrier Court, Fenton Street, Lancaster3
£95005/240.55 miWellington Road, Lancaster3
£65004/240.55 miCable Street, Lancaster, LA13
£1,09504/240.57 miKensington Road, Lancaster3
£99505/240.57 miKensington Road, Lancaster3
£85005/240.57 miKensington Road, Lancaster, LA13
£1,10003/240.58 miBowerham Road, Lancaster3
£1,09504/240.59 miKensington Road, Lancaster3
£99505/240.59 miKensington Road, Lancaster3

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

0.74 miles away

Nearest school

0.20 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £110,000

March 28, 2025

Floor Plans

Description

  • Set Over Three Floors Plus Cellar +
  • Walking Distance To City Centre +
  • Two Reception Rooms +

Online Auction 15th - 16th April 2025 Vacant Three Bedroom Terrace House The property is within walking distance to the city centre, shops, restaurants and pubs.
Internally the property is set over three floors and you will find a lounge, dining room, kitchen three bedrooms and a bathroom suite.
To the rear there is an enclosed yard with a wall surround and gated access.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding. Tenure: Freehold EPC Rating: D Administration Fee: 2.5% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts. Buyer's Premium Fee: £1500 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Fulwood

01772 286883

Next Steps?

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