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Lincoln Road, Lancaster

North West

£165,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
635 sqft

Description

This two-bedroom mid-terrace home presents a promising opportunity for buyers eager to personalize and enhance a property. The residence requires comprehensive modernisation, making it perfect for those looking to undertake a renovation project that reflects their individual style and preferences. The layout includes a lounge and a breakfast kitchen on the ground floor, while the upper level comprises two bedrooms and a shower room. Outside, the spacious west-facing garden invites potential for outdoor enjoyment, and there is on-street parking available under Lancaster's Resident Parking Scheme. Located in the sought-after Fairfield area, the property benefits from proximity to key amenities such as the Railway Station, historic Lancaster Castle, and the vibrant city centre. Noteworthy features include a recently installed boiler, double glazing throughout, and the expansive rear garden. With no onward chain, this property is an attractive investment for those willing to invest time in its transformation.

Investment Analysis

(LA1 area)

Above Market Value

This property is priced +13.4% above area average per sq ft

+13.4%
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
£15,000 - £25,000
Target Value
£159,991
10% above area average per sq ft
Potential ROI
-15.8%
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

Lincoln Road, 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
£595
Based on a loan of £123,750 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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