Mighty House says ..
A superb opportunity to acquire a well-presented, income-producing investment property, ideally situated in the popular student area of South Lancaster. The property has been exceptionally well maintained and offers a strong rental appeal in a sought-after location and is also an accredited house...
Property Oracle says ..
This three-bedroom terraced house in Lancaster is located on Greenfield Street, in the Bulk area. The property benefits from being close to several primary and secondary schools, including The Cathedral Catholic Primary School and Lancaster Royal Grammar School, both within a short distance. Transport links are also convenient, with Lancaster train station approximately 1.61km away. The property itself is a traditional terraced house that appears to be in reasonable condition, although some minor modernisation or cosmetic updates might enhance its appeal. The kitchen and bathroom seem functional but could benefit from some upgrades. The small rear yard provides some outdoor space. While the list price of £200,000 is slightly below the average price for the area (£225,569), it is important to consider that the average sqft price in the area is significantly higher (£240.00) than the property’s price per sqft. Nearby comparable properties on Greenfield Street are listed for between £107,000 and £180,000, suggesting the list price may be slightly on the higher end of the range, given the size and condition of the property.
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
- 6
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 678.13
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
- 231,813.00 £Increased by 7.66 %
- Est sale value
- 191,232.66 £Increased by 17.99 %
- Average area rental value
- 911.00 £/moIncreased by 18.16 %
- Est letting value
- 678.13 £/mo
- Est rental Yield
- 4.72 %Increased by 9.77 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Mighty House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Cathedral Catholic Primary School, Lancaster | Voluntary Aided School | Good | 0.21 KM |
| Lancaster Royal Grammar School | Academy Converter | 0.35 KM | |
| Firbank Children'S Centre | Children's Centre | 0.69 KM | |
| Castle View Primary | Academy Sponsor Led | 0.88 KM | |
| Bowerham Primary & Nursery School | Community School | Good | 0.89 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| East Road | £ 0 | 0 | 0.00 KM |
| Moor Lane | £ 135,000 | 0 | 0.00 KM |
| Robert Street | £ 0 | 0 | 0.00 KM |
| George Street | £ 0 | 0 | 0.00 KM |
| Parliament Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 1.61 KM |
| Bare Lane | 2690 | BAR | 5.51 KM |
| Morecambe | 2695 | MCM | 8.79 KM |
| Carnforth | 2640 | CNF | 9.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Greenfield Street, Lancaster | £ 200,000 | BUY | 5 / 10 | 0.00 KM |
| 17 Greenfield Street, Lancaster, Lancashire, LA1 3QE | £ 180,000 | BUY | 5 / 10 | 0.03 KM |
| 23 Greenfield Street, Lancaster, Lancashire, LA1 3QE | £ 180,000 | BUY | 5 / 10 | 0.03 KM |
| Melbourne Road, Lancaster | £ 150,000 | BUY | 6 / 10 | 0.04 KM |
| Melbourne Road | Tastefully modernised throughout! | £ 165,000 | BUY | Unknown | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Greenfield Street | £ 115,000 | 0.01 KM |
| 22 Greenfield Street | £ 122,000 | 0.01 KM |
| 10 Greenfield Street | £ 125,000 | 0.01 KM |
| 13 Greenfield Street | £ 107,000 | 0.01 KM |
| 30 Greenfield Street | £ 111,000 | 0.01 KM |