ibay Homes says ..
**Investment opportunity** Well presented 1 bed terrace house, Easy reach of City Centre, Convenient for University, Infirmary & M6 Motorway, Lounge/ diner, kitchen, bathroom/wc, Low maintenance enclosed rear yard.
Property Oracle says ..
This one-bedroom terraced house in Lancaster’s Castle area presents a potentially attractive investment opportunity. Its location offers easy access to Lancaster city centre, the train station, and local amenities. Several schools are within walking distance, making it suitable for families or students. The property itself is presented in a clean and habitable condition, although some modernisation might enhance its appeal and value. The kitchen and bathroom, while functional, appear dated and could benefit from updates. A significant drawback is the lack of any outdoor space, which limits appeal for some buyers. The list price seems relatively competitive compared to other properties on Sibsey Street, although the absence of detailed square footage data for comparable properties makes a definitive price-per-square-foot analysis impossible. Overall, this property is a viable option for first-time buyers, investors, or those seeking a convenient city-centre location, but potential buyers should factor in the lack of outdoor space and the possibility of future 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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 0
- Sqft (est)
- 600.00
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
- 273,747.00 £Decreased by 7.23 %
- Est sale value
- 219,600.00 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
ibay Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lancaster Dallas Road Community Primary School | Community School | Good | 0.47 KM |
| Lancaster Girls' Grammar School | Academy Converter | 0.54 KM | |
| Willow Lane Community Primary School | Community School | Good | 0.77 KM |
| Lancaster Steiner School | Other Independent School | Requires improvement | 0.79 KM |
| Appletree Nursery School | Local Authority Nursery School | Outstanding | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Station Road | £ 0 | 0 | 0.00 KM |
| Fairfield Close | £ 0 | 0 | 0.00 KM |
| Brook Street | £ 0 | 0 | 0.00 KM |
| Market Street | £ 0 | 0 | 0.00 KM |
| High Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 0.23 KM |
| Bare Lane | 2690 | BAR | 4.31 KM |
| Morecambe | 2695 | MCM | 7.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Sibsey Street, Lancaster | £ 119,950 | BUY | 5 / 10 | 0.00 KM |
| Sibsey Street | excellent opportunity for renovation | £ 150,000 | BUY | 4 / 10 | 0.02 KM |
| Sibsey Street, Lancaster | Well-Proportioned Terrace with Period Features and Yard! | £ 160,000 | BUY | 6 / 10 | 0.03 KM |
| Lincoln Road, Lancaster, LA1 5DJ | £ 210,000 | BUY | Unknown | 0.06 KM |
| Sibsey Street, Lancaster | £ 199,950 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 28 Sibsey Street | £ 146,000 | 0.02 KM |
| 12 Sibsey Street | £ 37,000 | 0.02 KM |
| 24 Sibsey Street | £ 120,000 | 0.02 KM |
| 44 Sibsey Street | £ 125,000 | 0.02 KM |
| 20 Sibsey Street | £ 41,000 | 0.02 KM |