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Ambleside Road, Lancaster

North West

£170,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This spacious semi-detached house offers a promising opportunity for those looking to invest in a family home that can be tailored to personal preferences. With two expansive reception rooms and three well-proportioned bedrooms, the layout allows for a variety of configurations to suit modern living. Outside, the property includes a store, workshop, and potting space, catering well to gardening lovers, alongside both front and rear gardens that provide ample room for children to play or for outdoor relaxation. While the interiors require comprehensive updating, this presents an exciting chance to transform it into a contemporary haven. The property comes without the burden of an ongoing chain, positioning it as an appealing blank canvas ready for creative vision. Located in the desirable Ridge area of Lancaster, residents will benefit from nearby parks, reputable schools, and convenient transport links to the M6 motorway and Lancaster City Centre. This home is particularly suited for families or investors seeking a project in a lively location.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Ambleside 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
£623
Based on a loan of £127,500 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