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Lune Road, Lancaster, Lancashire

North West

£115,000
Listed on 23/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This charming stone terrace, located near Lancaster's bustling city centre, presents an excellent opportunity for those interested in a renovation project. The property features two spacious reception rooms, a cellar for additional storage, and a modern shower room. While it is functional as is, there is significant potential to enhance the existing layout and design to better suit personal preferences. The lengthy kitchen opens up to a private rear yard, which could be revitalized into a small garden retreat or outdoor living space. The upper floor accommodates two comfortable bedrooms that benefit from pleasant views and ample light. With schools, transport links, and green spaces like Williamson Park nearby, this home not only offers convenience but also encourages creativity in updating the interior to reflect modern tastes. Ideal for first-time buyers or investors seeking to capitalize on the growing demand in this desirable area.

Investment Analysis

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

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
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

Lune Road, Lancaster, Lancashire
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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
£415
Based on a loan of £86,250 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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