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Bailrigg Lane, Bailrigg, Lancaster, Lancashire

North West

£475,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1713 sqft

Description

Nestled within a tranquil courtyard off Bailrigg Lane, this well-presented split-level barn conversion is part of an exclusive collection of eight homes. The property strikes a remarkable balance between seclusion and accessibility, providing a serene rural atmosphere alongside convenient access to local amenities and transport links. With its thoughtful design, the accommodation flows over split levels, enhancing both character and spatial dynamics throughout the home. Upon entering, the attention to detail is evident. The expansive living room features lofty ceilings and large picture windows that immerse the space in natural light, creating an inviting ambiance suitable for both relaxation and entertaining. The neutral decor coupled with strategic lighting further accentuates the generous proportions of this room. At the rear, a spacious kitchen-diner emphasizes functionality and social interaction, complete with ample counter space and integrated appliances. A traditional glazed door opens onto a private south-west facing garden, fostering a seamless indoor-outdoor connection ideal for gatherings or leisurely afternoons in the sun. The property comprises three generously sized bedrooms; highlighted by a principal suite that includes fitted wardrobes and an en-suite shower room. The second double bedroom also features its own en-suite while the third bedroom utilizes a modern family bathroom. Additionally, a versatile second reception room is currently used as an office or snug but could be easily adapted to suit different needs. There’s also a utility area enhancing storage options. Notably, the large boarded attic presents great potential for conversion into additional living space pending relevant planning permissions. Outdoors, enjoy a private garden with a patio area surrounded by mature planting—providing an idyllic outdoor retreat. The well-maintained shared courtyard enhances community feel among residents who manage their own affairs collectively. Practicalities include a double garage alongside two allocated parking spaces directly at the front of the property, complemented by extra visitor parking. Situated on the edge of Lancaster's southern boundary amidst open countryside, this property benefits from proximity to essential services on the Lancaster University campus just 10 minutes away on foot. Moreover, with cycle paths and scenic trails nearby coupled with easy access to the M6 (J33), it’s an ideal location for exploring areas like the Lake District and Morecambe Bay.

Investment Analysis

(LA1 area)

Above Market Value

This property is priced +21.8% above area average per sq ft

+21.8%
This Property
£277/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£429,149
10% above area average per sq ft
Potential ROI
-18.3%
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
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

Bailrigg Lane, Bailrigg, 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
£1,713
Based on a loan of £356,250 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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