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7 Regent Street, Lancaster - Image 1
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7 Regent Street, Lancaster

North West

£325,000
Listed on 01/10/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1507 sqft

Description

This impressive five-bedroom Victorian terrace presents a unique opportunity for renovation and investment. Nestled in a quiet street within the lively center of Lancaster, the property combines classical architectural features with the potential for modern updates. The home showcases characteristic high ceilings, original moldings, and large bay windows that fill the space with natural light. Spanning four floors, the layout includes three spacious reception rooms, providing ample flexibility for family living or potential rental configurations. The well-proportioned kitchen is adjacent to a rear living area that could serve as an open-plan dining space or be reimagined according to contemporary preferences. Additionally, there are four double bedrooms and a fifth room that could function as an office or guest quarters. Completing the accommodation are a conveniently located bathroom with a separate shower and an additional shower room on the ground floor. The property also features a modest rear patio garden—ideal for outdoor enjoyment—and offers on-street parking reserved for residents. Its location benefits from proximity to various amenities including local shops, cafes, and restaurants, while renowned educational institutions like Lancaster Boys’ and Girls’ Grammar Schools are just a stroll away. Commuters will find easy access to Lancaster train station, which provides direct services to London in approximately two and a half hours, as well as quick routes to the M6 via nearby junctions. While the home is currently in need of modernization, this presents a rare chance to enhance its character and value through thoughtful upgrades. With its distinct charm and strategic location in a sought-after area of Lancaster, this property is poised for those looking to create their ideal family home or embark on an investment project.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£216/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£376,878
10% above area average per sq ft
Potential ROI
-11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

7 Regent Street, 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