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Pinfold Lane, Lancaster

North West

£100,000
Listed on 23/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
559 sqft

Description

This mid-terrace property offers an ideal opportunity for first-time buyers or savvy investors looking to add value through renovation. The interior presents a blank slate, ready for modernization to enhance its potential. Inside, you'll find a spacious reception room that sets the stage for comfortable living, alongside two well-proportioned bedrooms and a sizable bathroom. The kitchen, equipped with essential wall and base units and some integrated appliances, could benefit from updates to meet contemporary standards. Outdoors, the expansive rear yard provides ample space for children's play or outdoor gatherings, while two storage outhouses add practical utility. The home boasts recent upgrades such as a new roof and gas central heating boiler installed about 12 years ago, indicating that while some work is needed to bring this property up to date, it has solid structural foundations. Located close to local amenities and transport links, this property is perfectly positioned for convenient living in the North West.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£179/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£139,798
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

Pinfold Lane, 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
£366
Based on a loan of £75,000 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