40 Prospect Street, Lancaster, LA1 3BJ
By Matthews Benjamin
£ 140,000
Reviews
2 out of 5 stars
Matthews Benjamin says ..
A fantastic opportunity to purchase a traditional two bedroom mid terraced house situated in the heart of Lancaster City Centre. Prospect Street is conveniently positioned for local bus routes, supermarkets and all City Centre amenities. Additionally Lancaster University is within 3 miles and ...
Property Oracle says ..
This two-bedroom terraced house in Lancaster city centre presents a mixed bag. Its central location is a strong selling point, offering easy access to amenities and public transport. The proximity to Lancaster University could also attract student renters or investors. However, the property’s condition appears to be average. The interior shows some wear and tear, and a lack of outdoor space is a considerable downside. The listing price appears reasonable, considering comparable properties in the area. However, a thorough inspection to assess the property’s structural integrity, potential repairs and detailed comparison with recent sales data of similar properties, is necessary to determine if it is truly good value. Overall, this property is likely suitable for first-time buyers, investors, or those prioritizing location over extensive outdoor space and pristine condition. It represents an opportunity within a desirable area with significant development potential.
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
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 826.02
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
- 216,667.00 £Increased by 6.72 %
- Est sale value
- 242,023.86 £Increased by 19.59 %
- Average area rental value
- 634.00 £/moIncreased by 11.82 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.51 %Increased by 4.78 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Matthews Benjamin created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Cathedral Catholic Primary School, Lancaster | Voluntary Aided School | Good | 0.30 KM |
| Bowerham Primary & Nursery School | Community School | Good | 0.39 KM |
| Lancaster Royal Grammar School | Academy Converter | 0.48 KM | |
| Firbank Children'S Centre | Children's Centre | 1.13 KM | |
| Lancaster Girls' Grammar School | Academy Converter | 1.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Grove | £ 0 | 0 | 0.00 KM |
| East Road | £ 0 | 0 | 0.00 KM |
| Meadowside | £ 0 | 0 | 0.00 KM |
| Alma Road | £ 0 | 0 | 0.00 KM |
| Robert Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 1.68 KM |
| Bare Lane | 2690 | BAR | 5.78 KM |
| Morecambe | 2695 | MCM | 8.93 KM |
| Carnforth | 2640 | CNF | 9.83 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 40 Prospect Street, Lancaster, LA1 3BJ | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Primrose Street, Lancaster | £ 170,000 | BUY | 5 / 10 | 0.06 KM |
| a Dale Street, Lancaster | £ 140,000 | BUY | 4 / 10 | 0.07 KM |
| Prospect Street, Lancaster | £ 210,000 | BUY | 6 / 10 | 0.07 KM |
| Prospect Street, Lancaster | £ 195,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 32 Prospect Street | £ 120,000 | 0.04 KM |
| 44 Prospect Street | £ 98,250 | 0.04 KM |
| 40 Prospect Street | £ 120,000 | 0.04 KM |
| 36 Prospect Street | £ 126,000 | 0.04 KM |
| 60 Prospect Street | £ 124,950 | 0.04 KM |