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Sibsey Street, Lancaster

North West

£179,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house presents a valuable opportunity for renovation and investment, offering the chance to revitalize and personalize the space. While some modernization is required, its layout and location provide a solid foundation for creating a welcoming home or a reliable rental asset. With a proven track record of successful letting, this property is well-suited for first-time buyers or investors looking to capitalize on Lancaster's vibrant rental market. Nestled in the bustling heart of Lancaster city centre, just moments from the train station, it boasts excellent transport links. The highly regarded Sibsey Street is known for its charming period homes and community-oriented atmosphere, attracting families and professionals alike. Local amenities are plentiful, including schools, parks, and recreational areas such as the Fairfield Association’s play area and nature reserve. Inside, you'll find an entrance hallway leading to versatile living spaces that include a lounge currently utilized as a third bedroom. There's also a dining room with built-in storage options, a kitchen equipped with essential appliances and plumbing provisions, and two bedrooms on the upper floor alongside a functional bathroom. The rear yard offers outdoor potential with raised flower beds and patio space.

Investment Analysis

(LA1 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£219
Avg Yield
5.4%

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
63
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LA1)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -0.8%
5 year growth: +14.5%
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

Sibsey Street, Lancaster
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£634
Based on a loan of £134,250 over 30 years at 3.91% 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

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