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Crake Bank, Lancaster

North West

£225,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Link Detached House

Description

This three-bedroom link-detached home is nestled in a quiet cul-de-sac, offering ample room for a family to grow. With off-road parking for three vehicles and an accompanying garage, practicality is at the forefront of this property's design. Although it requires a degree of modernisation, the potential here is significant, allowing future owners to infuse their personal touch and style throughout. The spacious kitchen/diner with a walk-in pantry stands out as a great opportunity for transformation, while the private rear garden provides an established outdoor space that could be enhanced further. Located conveniently between Morecambe and Lancaster, residents can enjoy easy access to local amenities, schools, and transport links. The layout includes an entrance vestibule leading into a hallway, a lounge with patio doors to the garden, and three well-sized bedrooms upstairs along with essential bathroom facilities. Given the growing appeal of Grosvenor Park area, this property presents a compelling investment prospect for those looking to create their ideal family home. Viewing is highly recommended to grasp its full potential.

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 - £30,000
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

Crake Bank, Lancaster
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£811
Based on a loan of £168,750 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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