Rosebery Avenue, Lancaster

North West

£139,950

Listed on 09/01/2026

Property Details

Bedrooms

Type

Terraced house

Area

936 sqft

Description

This three-bedroom mid-terrace home offers a blank canvas for those looking to invest in refurbishment in the North West. Situated within a well-established neighborhood, this property requires comprehensive modernization, making it an ideal project for developers or buyers with renovation expertise. The layout comprises a hallway leading into a lounge and dining room on the ground floor, along with a kitchen featuring essential amenities and access to the rear yard. Upstairs, you will find three bedrooms and a compact bathroom ready for an update. The property benefits from gas central heating and predominantly double-glazed windows, which can be enhanced further during renovation. A small front garden complements the good-sized rear yard, providing outdoor space that could be transformed into a versatile area. With cash buyers only required, this home presents significant potential for reconfiguration and improvement.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -34.3% below area average per sq ft

-34.3%

Potential saving

This Property

£150/sq ft

Area Average

£228/sq ft

Avg Rent (weekly)

£229

Avg Yield

5.8%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£234,491

10% above area average per sq ft

Potential ROI

+30.3%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

31%

Properties sold annually

Local Market Trend (LA1)

Area prices are stable by +0.7% over the last 12 months

3 year growth: +2.7%

5 year growth: +20.9%

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

Rosebery Avenue, Lancaster

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£505

Based on a loan of £104,962 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.