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202 Torrisholme Road, Lancaster, Lancashire LA1 2TD - Image 1
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202 Torrisholme Road, Lancaster, Lancashire LA1 2TD

North West

£145,000
Listed on 25/03/2026

Property Details

Bedrooms
2
Type
Detached

Description

This vacant two-bedroom detached bungalow presents a compelling renovation opportunity for investors or builders. The property includes a hallway, lounge, two bedrooms, a bathroom, a kitchen/diner, and a conservatory, each requiring various degrees of refurbishment. With off-street parking at the front and a spacious garden at the rear, the layout offers significant potential to enhance both functionality and aesthetics. Located on a prominent main road between Morecambe and Lancaster, it benefits from proximity to local amenities and transport links, making it an attractive option for resale once completed. It is important to note that renovations are partially underway but require extensive work to reach completion. This property boasts solid potential for value appreciation upon successful renovation.

Investment Analysis

(LA1 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£220
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
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

202 Torrisholme Road, Lancaster, Lancashire LA1 2TD
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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
£523
Based on a loan of £108,750 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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