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Wolseley Street, Lancaster

North West

£110,000
Listed on 06/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This mid-terraced property presents a substantial opportunity for those looking to invest in a complete refurbishment project. Situated in a sought-after area with convenient access to the city centre, it offers a layout that includes a hallway, a lounge that opens into a dining area, a kitchen, two spacious double bedrooms, and a bathroom. The home is currently in need of thorough modernisation and redecoration throughout, making it an ideal canvas for renovation enthusiasts to enhance its appeal and value. With careful planning and execution, this property has the potential to become a comfortable residence or an attractive rental investment.

Investment Analysis

(LA1 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (LA1)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +2.7%
5 year growth: +20.9%
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

Wolseley Street, Lancaster
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£397
Based on a loan of £82,500 over 30 years at 4.06% 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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