Houseclub says ..
An impressive four bedroom Victorian townhouse, situated in Lancaster city centre, affording easy access to the range of shops, restaurants, bars and amenities. Excellent transport links provide access to the motorway, great for commuters, with the hospital and city centre businesses on your door...
Property Oracle says ..
This four-bedroom Victorian terraced house located on South Road, Lancaster, presents a compelling investment opportunity for those prepared for a renovation project. The property’s location is a key selling point, offering convenient access to Lancaster city centre, various amenities, and reputable schools. The images show the property needs considerable modernisation and updating throughout. While the kitchen and bathroom seem to be more complete, most rooms present unfinished surfaces, revealing the extent of the renovation required. The small rear garden offers a private outdoor space, but it too needs attention. While the lack of precise square footage limits a precise evaluation of value, comparing the listed price to other local properties suggests it is likely competitively priced, though it may not be considered a bargain without knowing the size. Potential buyers should factor in substantial renovation costs into their budget. The potential for substantial return, coupled with the desirable location in Lancaster, represents a positive investment, yet this is mitigated by the evident need for substantial renovations.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 419,000.00 £Increased by 9.74 %
- Average area rental value
- 1,467.00 £/moDecreased by 6.50 %
- Est rental Yield
- 4.20 %Decreased by 14.81 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Houseclub created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Cathedral Catholic Primary School, Lancaster | Voluntary Aided School | Good | 0.62 KM |
| Bowerham Primary & Nursery School | Community School | Good | 0.62 KM |
| Ripley St Thomas Church Of England Academy | Academy Converter | Outstanding | 0.72 KM |
| Lancaster Girls' Grammar School | Academy Converter | 0.77 KM | |
| Lancaster Dallas Road Community Primary School | Community School | Good | 0.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Meadowside | £ 0 | 0 | 0.00 KM |
| Alma Road | £ 0 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
| George Street | £ 0 | 0 | 0.00 KM |
| Robert Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 1.33 KM |
| Bare Lane | 2690 | BAR | 5.51 KM |
| Morecambe | 2695 | MCM | 8.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| South Road, Lancaster | £ 425,000 | BUY | 5 / 10 | 0.00 KM |
| South Road, Lancaster, LA1 | £ 500,000 | BUY | 6 / 10 | 0.06 KM |
| Meadowside, Lancaster, Lancashire, LA1 | £ 425,000 | BUY | 7 / 10 | 0.07 KM |
| South Road, Lancaster, LA1 | £ 260,000 | BUY | 6 / 10 | 0.08 KM |
| Meadowside, Lancaster | Renovated bay-fronted period home in Lancaster’s historic centre! | £ 450,000 | BUY | 7 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31 South Road | £ 73,500 | 0.08 KM |
| 3 South Road | £ 170,000 | 0.08 KM |
| 29 South Road | £ 207,000 | 0.08 KM |
| 67 South Road | £ 102,500 | 0.08 KM |
| 69 South Road | £ 117,000 | 0.08 KM |