Mighty House says ..
Income-Generating HMO Property Near Lancaster City Centre This well-presented investment property is ideally situated just a short walk from Lancaster city centre, offering easy access to all the amenities the area has to offer. From gyms, pubs, clubs, and shops to a variety of eat...
Property Oracle says ..
This property is located on Dorrington Road in Lancaster, a city in Lancashire, England. The area benefits from relatively close proximity to several highly-rated schools, including Ripley St Thomas Church of England Academy (Outstanding) and Scotforth St Paul’s Church of England Primary and Nursery School (Outstanding). Transportation links are also within reasonable distance, with Lancaster train station approximately 1.67km away. The property itself is a semi-detached house with three bedrooms and one bathroom. While the provided images show a property that is habitable and has had some modernisation, it is not in excellent condition and could benefit from some updating and modernisation. The garden is small and requires some maintenance. Given the average house price in the area is significantly higher (407,139) than the listed price of this property (195,000), and considering the condition and size, the price may represent good value for money, especially for buyers looking for a project. However, the lack of square footage information makes a definitive statement difficult.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
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
- 4.00 %Unchanged by 0.00 %
Agent Activity
Mighty House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Jamea Al Kauthar | Other Independent School | Good | 0.39 KM |
| Ripley St Thomas Church Of England Academy | Academy Converter | Outstanding | 0.51 KM |
| Scotforth St Paul'S Church Of England Primary And Nursery School | Voluntary Aided School | Outstanding | 0.67 KM |
| Bowerham Primary & Nursery School | Community School | Good | 0.86 KM |
| Lancaster Girls' Grammar School | Academy Converter | 1.14 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Princess Avenue | £ 192,500 | 0 | 0.00 KM |
| Cheltenham Road | £ 310,000 | 0 | 0.00 KM |
| Alma Road | £ 0 | 0 | 0.00 KM |
| Miller Court | £ 0 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 1.67 KM |
| Bare Lane | 2690 | BAR | 5.86 KM |
| Morecambe | 2695 | MCM | 8.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Dorrington Road, Lancaster | £ 195,000 | BUY | 6 / 10 | 0.00 KM |
| Bridge Road, Lancaster | £ 249,950 | BUY | 6 / 10 | 0.02 KM |
| Dorrington Road | move-in-ready property | £ 190,000 | BUY | 6 / 10 | 0.04 KM |
| Broyd View, Lancaster | £ 159,950 | BUY | 6 / 10 | 0.09 KM |
| West Street, Lancaster | Extended Greaves Home Close to City Centre | £ 260,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31 Bridge Road | £ 50,500 | 0.07 KM |
| 53 Bridge Road | £ 182,000 | 0.07 KM |
| 27 Bridge Road | £ 180,000 | 0.07 KM |
| 48 Bridge Road | £ 161,000 | 0.07 KM |
| 44 Bridge Road | £ 181,500 | 0.08 KM |