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Broadway, Lancaster, Lancashire, LA1

North West

£100,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
515 sqft

Description

This end-terraced property presents an appealing investment opportunity for someone looking to add value through renovation. With some modernisation needed, the home has a solid foundation for improvement. The living room, featuring a classic stone fireplace, could easily be revitalised as the room's focal point, while the kitchen, although functional with its included appliances, would benefit from a refresh and tasteful updates. Simple alterations here can yield significant aesthetic and practical benefits. A standout feature is the spacious south-facing rear yard which receives ample sunlight, providing more outdoor space compared to similar homes in the area. Enhancing privacy and landscaping this area could further increase its appeal. On the upper floor, there’s a generously sized double bedroom at the front, alongside a smaller single bedroom at the rear that could serve multiple purposes—be it a child’s room, study or dressing area—and a bathroom that may require minor updates. This property’s prime location offers easy access to local amenities as well as Lancaster city centre and public transport links, making it convenient for daily living. Offered with no onward chain, this home invites prospective buyers to inject their personal style and vision into it.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£194/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£217
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£130,097
10% above area average per sq ft
Potential ROI
+4.1%
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

Broadway, Lancaster, Lancashire, LA1
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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
£378
Based on a loan of £75,000 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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