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South Road, Lancaster

North West

£325,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1323 sqft

Description

This impressive four-bedroom Victorian townhouse offers significant renovation potential in a prime city centre location. While the current owner has initiated some renovations, there remains ample opportunity to invest in finishing touches that could transform this property into a remarkable family home. The layout includes two well-sized reception rooms, an expansive kitchen with an open snug area, and a unique converted cellar, all of which provide versatile spaces for entertaining or everyday living.<br><br>The townhouse is situated within walking distance of local shops, restaurants, and essential amenities, making it ideal for families and commuters alike. With excellent transport links and schools nearby, it presents an attractive proposition for those looking for a well-connected community. The garden enhances the property's appeal with outdoor space perfect for summer gatherings.<br><br>Inside, period features such as stained glass windows and intricate coving combine with modern updates to create a canvas ready for your personal touch. Whether you envision upgrading bathrooms or modernizing the kitchen, this home holds promise as a valuable investment in one of Lancaster's sought-after areas.

Investment Analysis

(LA1 area)

Above Market Value

This property is priced +8.1% above area average per sq ft

+8.1%
This Property
£246/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£330,862
10% above area average per sq ft
Potential ROI
-11.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LA1)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 5.5%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on LA1 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

South Road, Lancaster
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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
£1,191
Based on a loan of £243,750 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