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East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 1
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East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 3
East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 4
East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 5
East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 6
East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 7
East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 8
East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 9
East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 10
East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position - Image 11

East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position

North West

£225,000
Listed on 05/03/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1711 sqft

Description

Nestled on one of Lancaster's most desirable streets, this three-bedroom stone-built residence presents a remarkable renovation opportunity for cash buyers. With a classic façade featuring period details and high ceilings, the property spans three floors plus a basement, providing ample space for transformation. The ground floor showcases a bay-fronted lounge with original features that can be restored to their former glory, although significant repairs are needed due to recent water damage impacting the dining area and kitchen. The generous cellar offers potential for additional storage or creative uses. On the first floor, the expansive main bedroom benefits from beautiful views across the adjacent church grounds and an unusually large bathroom that invites reconfiguration into a modern en-suite. The top level features two further double bedrooms with pleasant outlooks, enhancing the appeal of this substantial project. With its protected views and prime location within easy reach of local amenities and transportation links, this home offers a unique chance to invest in the heart of Lancaster while adding significant value through restoration.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -42.6% below area average per sq ft

-42.6%
Potential saving
This Property
£132/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£220
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£431,095
10% above area average per sq ft
Potential ROI
+36.9%
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

East Road, Lancaster | Restore, Reimagine and Add Value in Lancaster’s Finest Position
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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
£811
Based on a loan of £168,750 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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