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York Road, Lancaster

North West

£220,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a promising opportunity for renovation and investment. Situated on a quiet, tree-lined street, the property sits on a substantial corner plot that features both a spacious garden and a detached garage, offering ample outdoor space for potential enhancements. Internally, the home provides a solid foundation with two generously sized reception areas that can accommodate everyday activities as well as gatherings. The kitchen, while functional, invites creative updates to align it with modern standards or personal preferences. Upstairs, you'll find three well-proportioned bedrooms alongside a family bathroom. The expansive garden is noteworthy and offers various possibilities for development, whether you envision creating an inviting landscaped area or considering an extension (subject to planning permission). The off-road parking and separate garage further enhance practicality, making this property appealing for those seeking both space and convenience. Located in a desirable neighborhood, this home benefits from community charm while remaining close to essential amenities. Proximity to highly regarded primary schools makes it particularly suitable for families. Additionally, Lancaster city center is easily reachable, providing access to an array of shops, cafes, cultural attractions, and reputable educational institutions like the Boys' and Girls' Grammar Schools. This property represents an excellent chance to transform it into a long-term family residence in one of Lancaster’s most sought-after areas. With no onward chain and freehold tenure, the potential for adding value through thoughtful renovations is significant.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

York 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
£806
Based on a loan of £165,000 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