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Cavendish Street, Lancaster

North West

£165,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace

Description

This charming end-terrace property features two spacious bedrooms and boasts an abundance of original character elements, including high ceilings and classic detailing. While the home currently requires some modern updates, it offers a fantastic opportunity for renovation, allowing future owners to customize the space according to their preferences. Priced with consideration for its improvement potential, it represents an appealing option for both buyers looking to create their dream residence and investors seeking a project in a desirable area. Conveniently located just a 10-minute stroll from Lancaster's city centre and train station, this property benefits from easy access to local amenities such as reputable schools, shops, cafés, and restaurants. The excellent transport links enhance its appeal for those commuting within the region. Internally, the layout includes a welcoming lounge accentuated by a bay window that floods the room with natural light and features a wood-burning stove for added warmth. A separate dining room offers versatility, with access to the cellar—a space perfect for additional storage or creative use. The kitchen is functional but presents opportunities for reconfiguration or upgrades to meet contemporary needs. On the first floor, you will find two well-sized double bedrooms along with a family bathroom. Outside, the property boasts a substantial rear yard and practical under-house storage options. In summary, this home is brimming with potential in a sought-after locale, providing an ideal canvas for restoration and modernization.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Cavendish 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
£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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