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Gressingham, Lancaster, LA2

North West

£750,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1536 sqft

Description

This charming Grade II Listed detached farmhouse offers a unique opportunity for renovation enthusiasts or investors. Located in the serene hamlet of Gressingham, this property features not only a spacious main residence but also an adjoining traditional stone barn with three stables and a garage/workshop area, all set on approximately 8.15 acres of lush meadowland with a Dutch Barn. While the farmhouse retains many period features such as exposed beams and original window shutters, it requires considerable improvement, making it an ideal candidate for refurbishment to restore its former glory. The peaceful setting is complemented by proximity to local amenities in the nearby village of Hornby and easy access to Lancaster and the M6. With ample land and outbuildings, there is significant potential for various uses, whether as a family retreat or an equestrian property.

Investment Analysis

(LA2 area)

Above Market Value

This property is priced +78.9% above area average per sq ft

+78.9%
This Property
£488/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£461,092
10% above area average per sq ft
Potential ROI
-45.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (LA2)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 8.9%
5 year growth: 7.2%
Investment Disclaimer: Analysis based on LA2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gressingham, Lancaster, LA2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,747
Based on a loan of £562,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE