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Whalley Road, Lancaster, Lancashire, LA1

North West

£115,000
Listed on 17/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
725 sqft

Description

This three-bedroom mid-terrace property stands as a canvas rich with renovation prospects, making it an excellent choice for both first-time buyers and savvy investors. The ground floor hosts a dual-aspect lounge, enhanced by a practical storage cupboard which offers both natural light and flexibility in layout. Opposite the lounge is a kitchen that awaits modernisation, featuring ample space for additional cabinetry and countertops—ideal for those who love to cook. On the upper level, you will find two spacious double bedrooms alongside a single bedroom; the second double includes a cupboard that conceals the boiler, adding convenience. The family bathroom is functional but could benefit from refurbishment. The external area showcases significant potential as well—the generously sized rear garden is currently laid to lawn and features two outbuildings, presenting opportunities for outdoor improvement or landscaping, perfect for summertime activities. The front of the house includes a modest garden and driveway suitable for one vehicle, along with side access via a sheltered passageway. Located just north of the city, this home enjoys close proximity to public transport routes connecting to Lancaster and Morecambe, as well as local shops and Beaumont College. This is an outstanding chance to acquire a property ripe for development in a well-connected neighbourhood. No chain is involved.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -30.1% below area average per sq ft

-30.1%
Potential saving
This Property
£159/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£224
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£180,953
10% above area average per sq ft
Potential ROI
+16.7%
After renovation
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
23%
Properties sold annually

Local Market Trend (LA1)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 4.6%
5 year growth: 22.4%
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

Whalley Road, Lancaster, Lancashire, LA1
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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
£421
Based on a loan of £86,250 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