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Lune Road, Lancaster, Lancashire - Image 1
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Lune Road, Lancaster, Lancashire

North West

£130,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This traditional stone terrace, located conveniently near Lancaster's city centre, presents a promising opportunity for those interested in renovation or investment. The property features two well-sized reception rooms, a useful cellar for additional storage, and a modern shower room, making it functional for current living needs. However, there is ample scope to enhance and personalize the long kitchen that extends to a private rear yard. The three-floor layout includes two comfortable bedrooms upstairs, each offering pleasant views, alongside an additional modern shower room that could benefit from refreshed styling. Situated within a friendly residential street, this home is just a short walk from local shops, cafes, and schools, making it an attractive prospect for first-time buyers or investors looking to add value. In terms of outdoor space, the private yard provides potential for landscaping or creating leisure areas. The nearby River Lune offers walking and cycling paths while Williamson Park adds recreational space with its expansive grounds. This property is positioned strategically for easy access to public transport options like bus services and the railway station as well as major road links to the M6. Overall, this characterful home not only provides all the convenience of city living but also represents an exciting canvas for those wanting to invest in property enhancement.

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

Lune Road, Lancaster, Lancashire
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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
£476
Based on a loan of £97,500 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