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Cedarwood Place, Lancaster

North West

£485,000

Listed on 09/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1464 sqft

Description

Cedarwood Place offers a promising opportunity to create your ideal home within the desirable Standen Park estate in Lancaster. Nestled among other quality homes from the early 2000s, this property is perfectly positioned just moments away from Williamson Park and Lancaster Royal Grammar School, making it an attractive place for families. The four-bedroom detached house sits on a substantial corner plot featuring well-maintained gardens both at the front and back, including an Indian stone patio with a decked area perfect for outdoor relaxation. Although the interior is spacious and thoughtfully designed—including a large living room, dining room, kitchen/breakfast area, conservatory, and four double bedrooms with an en-suite in the master—it does require some modernisation and cosmetic updates. This presents a fantastic opportunity to enhance its appeal and value. With gas central heating and double glazing in place, this home is ready for your creative touch. Being vacant means you can move forward immediately without any chain-related delays.

Investment Analysis

(LA1 area)

Above Market Value

This property is priced +44.3% above area average per sq ft

+44.3%
This Property
£331/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£217
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£369,828
10% above area average per sq ft
Potential ROI
-29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LA1)

Area prices are falling by -3.4% over the last 12 months
3 year growth: +0.9%
5 year growth: +14.0%
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

Cedarwood Place, Lancaster
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,832
Based on a loan of £363,750 over 30 years at 4.45% 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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