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Norfolk Street, Lancaster

North West

£120,000
Listed on 01/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
775 sqft

Description

This three-bedroom home offers a spacious layout spread across three levels, making it an attractive prospect for a variety of buyers. With its bright lounge and a modern kitchen/diner that boasts generous storage and working surfaces, the property is in good condition but presents excellent potential for personalization and some light updates. The first floor comprises two sizable bedrooms, while the top floor features a third bedroom alongside the family bathroom, which is functional yet primed for a modern touch. This could be an ideal opportunity for first-time buyers or investors looking to enhance the property’s value. Situated within central Lancaster, it enjoys easy access to amenities and transport links, enabling an array of lifestyle options. Outside, the covered courtyard lends versatility and privacy, perfect for creating a sun-soaked retreat. Overall, this property serves as an inviting canvas ready for your vision to transform it into a tailored living space.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -32.4% below area average per sq ft

-32.4%
Potential saving
This Property
£155/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£220
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£195,265
10% above area average per sq ft
Potential ROI
+34.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LA1)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +1.6%
5 year growth: +19.3%
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

Norfolk Street, Lancaster
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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
£433
Based on a loan of £90,000 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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