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Barnacre Close, Lancaster

North West

£190,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached house in a desirable area of South Lancaster presents a valuable opportunity for cash buyers looking to invest in a renovation project. Although the property requires extensive refurbishment, its generous layout and prime location near local amenities, schools, universities, and motorway access make it an attractive investment. The home features a front porch that leads into a spacious hallway, a lounge diner with patio doors opening to the rear garden, a kitchen with some built-in units, and a utility room that provides additional storage space. On the first floor, there are four bedrooms and a bathroom with essential fittings. The outdoor space includes a lawned front garden, off-road parking via a paved driveway leading to an integral garage, and a sizable side/rear garden enriched with mature trees. This property is sold with no upward chain and is ready for transformation to realize its full potential.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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

Barnacre Close, 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
£696
Based on a loan of £142,500 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