Mighty House says ..
***INCOME PRODUCING HMO STUDENT PROPERTY*** ***4 LETTING BEDROOMS *** TWO SHOWER ROOMS ***CLOSE TO THE CITY CENTRE *** WELL PRESENTED *** GREAT LOCATION FOR STUDENTS *** GREAT INVESTMENT ****GOOD LETTING HISTORY *** Income-Generating HMO Property Near Lancaster City Centre ...
Property Oracle says ..
This property is a 4-bedroom, 2-bathroom terraced house located on Lune Street in Lancaster. The property benefits from being close to several schools, including Chadwick High School (rated ‘Good’ by Ofsted) and Our Lady’s Catholic College, as well as convenient access to Lancaster train station. While the images show a property that appears to be in reasonable condition and has had some modernisation, there is no evidence of a garden. The list price of £220,000 is higher than the average price for the area (£163,018), but the property is larger than average (718 sqft vs 865 sqft average). Nearby comparable properties range from £120,000 to £160,000, making the list price relatively high, especially considering the lack of a garden.
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
- 6
- Condition
- 7
- Location
- 8
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 718.49
- Lot (est)
- 958.63
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
- 151,990.00 £Decreased by 8.99 %
- Est sale value
- 120,706.32 £Decreased by 13.85 %
- Average area rental value
- 888.00 £/moIncreased by 6.60 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 7.01 %Increased by 17.03 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Mighty House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Our Lady'S Catholic College | Voluntary Aided School | Requires improvement | 0.19 KM |
| Sure Start Lune Park Children'S Centre | Children's Centre | 0.40 KM | |
| Chadwick High School | Pupil Referral Unit | Good | 0.53 KM |
| St Josephs Catholic Primary School, Lancaster | Academy Sponsor Led | 0.72 KM | |
| Lancaster Dallas Road Community Primary School | Community School | Good | 0.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Captains Row | £ 0 | 0 | 0.00 KM |
| Cable Street | £ 154,950 | 0 | 0.00 KM |
| North Road | £ 0 | 0 | 0.00 KM |
| Pine Street | £ 0 | 0 | 0.00 KM |
| Buoymasters | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 0.94 KM |
| Bare Lane | 2690 | BAR | 4.48 KM |
| Morecambe | 2695 | MCM | 7.82 KM |
| Carnforth | 2640 | CNF | 9.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lune Street, Lancaster | £ 220,000 | BUY | 6 / 10 | 0.00 KM |
| Lune Street, Lancaster | £ 145,000 | BUY | 5 / 10 | 0.07 KM |
| Lune Street, Lancaster, LA1 | £ 140,000 | BUY | 5 / 10 | 0.07 KM |
| Earl Street, Lancaster | £ 139,950 | BUY | 5 / 10 | 0.08 KM |
| Lune Terrace, Lancaster | £ 140,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Albert Road | £ 17,750 | 0.05 KM |
| 1 Albert Road | £ 125,000 | 0.05 KM |
| 6 Lord Street | £ 109,000 | 0.05 KM |
| 10 Lord Street | £ 99,950 | 0.05 KM |
| 12 Lord Street | £ 117,500 | 0.05 KM |