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Wray, Lancaster, Lancashire

North West

£995,000
Listed on 21/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
3736 sqft

Description

This historic Grade II listed property, dating back to the 17th Century, is nestled within over 7 acres of picturesque grounds in a tranquil river valley. While it showcases many original features that reflect its rich heritage, this home also presents significant renovation and investment potential. The detached barn on-site offers an excellent opportunity for conversion (subject to planning consent), adding value both as additional living space or rental potential. Located just minutes from Wray village and easily accessible to Lancaster and major transport links like the M6, this property combines rural charm with practicality for modern family living. The grounds include a mix of woodland, grazing areas, and beautifully maintained gardens featuring fruit trees and wildlife attractions, which can be further enhanced to create a stunning outdoor space. Inside, while the home retains its historic atmosphere with period details such as inglenook beams and flagged floors, some areas would benefit from modern updates. The spacious kitchen has potential for modernization; likewise, the bathrooms could be refreshed to improve functionality. With ample living space including multiple reception rooms and a study ideal for working from home, there’s room to tailor the layout to suit contemporary lifestyles. The existing layout includes five bedrooms across two upper floors; however, optimizing these spaces will require thoughtful design consideration. The tranquil setting is complemented by local amenities including reputable schools—making this property suitable for families seeking educational opportunities alongside country living. Overall, this property represents an extraordinary opportunity: it merges historical significance with untapped potential for expansion and renovation in an idyllic setting.

Investment Analysis

(LA2 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£266/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,115,345
10% above area average per sq ft
Potential ROI
+1.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LA2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +13.3%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on LA2 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

Wray, Lancaster, Lancashire
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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
£3,524
Based on a loan of £746,250 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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