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Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 1
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 2
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 3
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 4
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 5
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 6
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 7
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 8
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 9
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 10
Melldore, Lancaster Road | Melldore is a large, double-fronted detached property! - Image 11

Melldore, Lancaster Road | Melldore is a large, double-fronted detached property!

North West

£275,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
1636 sqft

Description

Melldore presents a promising investment opportunity in the desirable village of Slyne, situated just north of Lancaster. This well-positioned detached property boasts four bedrooms and an array of spacious reception areas, perfect for those looking to create their ideal home. While the property needs comprehensive modernisation throughout, it allows buyers to tailor renovations according to personal preferences and contemporary standards. Upon entering, you'll find a welcoming hallway leading into an expansive open-plan lounge diner featuring dual bay windows that overlook the front garden—making it a fantastic entertaining space. Additional reception rooms can be repurposed as a home office or snug area, providing versatility for family living. The kitchen, installed about seven years ago, is functional yet offers scope for enhancement. It includes modern units and even has a wood-burning stove to add charm. Further usage potential exists with a separate utility/porch area leading to the generous garden. Upstairs are three substantial double bedrooms alongside a smaller single bedroom that could serve as an office or guest room. The current layout provides significant opportunities for redeveloping the interiors to cater to modern living requirements. Externally, Melldore sits on an expansive garden plot with ample parking available on the driveway and in the detached double garage, currently being used as a workshop. The gardens wrap around the house and include a sunken patio area that enjoys serene views of the surrounding greenery—providing both privacy and space. This freehold property not only offers considerable renovation potential but also comes with unique features like its septic tank drainage system which may require buyers' investigation.

Investment Analysis

(LA2 area)

Below Market Value

This property is priced -38.1% below area average per sq ft

-38.1%
Potential saving
This Property
£168/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£488,411
10% above area average per sq ft
Potential ROI
+50.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LA2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +13.3%
5 year growth: +4.8%
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

Melldore, Lancaster Road | Melldore is a large, double-fronted detached property!
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£974
Based on a loan of £206,250 over 30 years at 3.91% 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.

Price History

-30.4% since listed
£275,000£85,000(-23.6%)
27/03/2026
Current price
£360,000£15,000(-4.0%)
05/11/2025
£375,000£20,000(-5.1%)
22/10/2025
£395,000Initial listing
14/10/2025

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