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Winchester Avenue, Lancaster - Image 1
Winchester Avenue, Lancaster - Image 2
Winchester Avenue, Lancaster - Image 3
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Winchester Avenue, Lancaster

North West

£249,950
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom semi-detached bungalow is located in the desirable Newlands district of South Lancaster, making it an appealing option for both homeowners and investors. The property boasts proximity to essential amenities, including primary and secondary schools, two universities, and easy access to junction 33 of the M6 motorway as well as the city center. The bungalow features uPVC double glazing throughout and is equipped with a warm air heating system. Notably, there is a generous insulated roof space that presents an opportunity for further development, potentially increasing the property's value (subject to necessary consents). Upon entering, a side entrance leads into an L-shaped hallway with storage for utilities. The lounge is characterized by a full-height window that allows ample natural light to fill the room. A tasteful marble fireplace serves as a focal point, while the space accommodates modern living needs with a TV aerial point and multiple power outlets. The breakfast kitchen offers practical functionality with fitted base units and wall cabinets complemented by a matching breakfast bar. Equipped with essential appliances, including an electric cooker and plumbing for a washing machine, this kitchen has great renovation potential to suit contemporary tastes. Both bedrooms are generously sized. The master bedroom includes built-in wardrobes and overlooks the quiet rear garden, while the second bedroom also benefits from fitted storage solutions. Both rooms provide warm air vents for comfort throughout the year. The modern shower room features smart aquaboarding and offers essentials like a shower cubicle with an electric shower, along with vanity storage. Externally, the property includes a low-maintenance front garden space consisting of artificial turf and stone chippings, alongside a concrete driveway that provides off-road parking. A detached garage adds further utility, equipped with power and light. The tiered rear garden is designed for ease of upkeep, featuring paving stones and stone chippings within a secure boundary of concrete fencing and brick walls. This outdoor area has potential for customization to enhance outdoor living. Overall, this bungalow presents significant renovation opportunities in both interior spaces and outdoor areas while being situated in a highly sought-after location. It could be an excellent investment or retirement home for those looking to make their mark in South Lancaster.

Investment Analysis

(LA1 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
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

Winchester Avenue, 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
£916
Based on a loan of £187,462 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