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Trafalgar Road, Lancaster

North West

£140,000
Listed on 03/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Nestled in a quiet part of central Lancaster, this mid-terraced property presents an excellent opportunity for both first-time buyers and investors. The home features spacious reception rooms including a cozy living area with a traditional fireplace, and a separate dining room that provides easy access to a functional kitchen. There are two generously sized bedrooms equipped with built-in wardrobes, alongside a well-appointed three-piece bathroom that offers practical storage solutions. The south-facing rear yard is an inviting outdoor space that can be transformed into a lovely retreat for summertime relaxation. The interior layout includes an entrance vestibule leading into the living room, creating a warm atmosphere upon entry. The dining room continues this welcoming feel while granting views of the rear garden through its UPVC double glazed window. The kitchen, though serviceable, has potential for modernization with existing plumbing ready for appliances. This property serves as an ideal blank canvas for renovation enthusiasts looking to infuse their style and improve functionality. Its central location enhances its appeal, surrounded by local amenities such as shops, cafes, and parks, along with proximity to the University of Cumbria and transport links including the M6 motorway and West Coast mainline station. Moreover, off-street parking is available at the front, while the secure courtyard-style backyard provides ample scope for gardening or outdoor dining. This home's position and structure suggest significant potential for value appreciation through thoughtful renovations.

Investment Analysis

(LA1 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£215
Avg Yield
5.3%

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
58
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LA1)

Area prices are falling by -3.8% over the last 12 months
3 year growth: 0.0%
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

Trafalgar Road, Lancaster
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£499
Based on a loan of £105,000 over 30 years at 3.97% 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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