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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 two-bedroom end-terrace property boasts spacious rooms and high ceilings, with numerous original features that enhance its character. The home does require some modernization, presenting an ideal opportunity for buyers to transform it into a contemporary living space tailored to personal preferences. Its asking price reflects the potential for renovation, making it a compelling option for both homeowners and investors seeking to enhance a property in a desirable area. Conveniently located just a 10-minute stroll from Lancaster city center and the train station, this property is perfectly positioned for easy access to local amenities, reputable schools, shops, cafés, and restaurants. Furthermore, excellent transport links are available, accommodating professionals commuting to the hospital or university. The internal layout includes a welcoming lounge featuring a bay window that floods the room with natural light and showcases a wood-burning stove as its focal point. The separate dining room, which connects to the cellar, offers versatility for various uses. The kitchen presents an opportunity for reconfiguration or upgrades to meet modern standards. On the first floor, there are two generously sized double bedrooms alongside a family bathroom. Externally, the property is enhanced by a spacious rear yard and useful under-house storage. This home holds significant potential in a sought-after location and represents an excellent project for those looking to restore and enrich its character.

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Investment analysis

(LA1 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£210
Avg Yield
5.2%

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
47
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LA1)

Area prices are falling by -4.0% over the last 12 months
3 year growth: +1.5%
5 year growth: +12.8%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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