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Ash Grove, Lancaster

North West

£210,000

Listed on 23/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced home in the desirable area of South Lancaster presents an excellent opportunity for those looking to invest in a property with substantial renovation potential. The house is conveniently located near the hospital and reputable schools, making it ideal for families. On the ground floor, you will find two spacious reception rooms that can be reconfigured to enhance living and dining spaces. Moreover, the lower ground floor boasts a sizeable cellar that can offer additional storage or be transformed into usable living space, subject to planning permissions. Accessed from the cellar is a rear yard with off-road parking, a rare find in this region. The upper floor features three generously sized double bedrooms along with a family bathroom, all of which could benefit from modern improvements. This property offers ample scope for personalization and enhancement, perfect for creating a long-term family residence.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Ash Grove, 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
£749
Based on a loan of £157,500 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.

Stamp Duty Calculator

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