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Abbeystead Drive, Lancaster, LA1

North West

£260,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1000 sqft

Description

This three-bedroom semi-detached home, set on the desirable Abbeystead Drive in Lancaster, offers spacious living and remarkable potential for enhancement. The property boasts an abundant amount of natural light thanks to a large window in the lounge, which captures picturesque views of the adjacent green spaces and fields. The existing layout includes a kitchen that flows into a separate dining room — ideal for both family gatherings and casual dining. Upstairs, you will find three adequately sized bedrooms along with a family bathroom, providing comfortable accommodation suitable for families or first-time buyers looking to expand their living space. Outside, the property features a substantial driveway with ample off-road parking and the possibility of adding a garage. There are also useful outbuildings that can be utilized for storage or even transformed into functional workspaces (subject to necessary approvals). The generous garden area presents numerous opportunities for expansion or enhancements, making this an excellent investment prospect. Located conveniently near local amenities, reputable schools, and excellent transport links, Abbeystead Drive is not only popular but also offers easy access to Lancaster's vibrant city center as well as lush walking routes and green spaces. This property is an exciting opportunity for buyers seeking a home with room to grow and the chance to increase its value in a sought-after location.

Investment Analysis

(LA1 area)

Above Market Value

This property is priced +13.5% above area average per sq ft

+13.5%
This Property
£260/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£220
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£251,955
10% above area average per sq ft
Potential ROI
-16.0%
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

Abbeystead Drive, Lancaster, LA1
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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
£938
Based on a loan of £195,000 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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