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Haverbreaks Road, Lancaster, Lancashire, LA1

North West

£830,000

Listed on 23/04/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
2918 sqft

Description

Nestled in one of Lancaster's esteemed residential neighborhoods, this detached home offers a unique opportunity for buyers looking to invest in a property with considerable renovation potential. Set on a spacious, west-facing plot that directly backs onto the scenic Lancaster Canal, this residence has been cherished by its owners for many years and now awaits new vision and enhancements. With ample scope for modernization and potential development (subject to local consents), this property could be transformed into an exceptional family home. The existing layout spans a single storey, featuring a generous entrance hall leading into a vast open-plan kitchen and dining space that exceeds 10 meters in length. This area serves as the home's focal point, complemented by an additional living room with double doors that connect to a sun lounge, illuminated by skylights and offering serene garden views. Three sizable double bedrooms boast built-in wardrobes or fitted furniture, providing convenient storage solutions. A four-piece bathroom and separate shower room are strategically located near the bedrooms, enhancing functionality. The utility room provides practical access to the drive and garage, while the first-floor space above the garage presents versatile options, such as guest accommodation or a dedicated office area—complete with its own bathroom and stunning vistas of the canal. Externally, the property features substantial off-street parking and an expansive rear garden that is predominantly lawned. The garden is bordered by mature shrubs for added privacy and includes fruit trees, a summerhouse serviced with power, and a timber storage cabin. A charming pathway through bamboo planting leads down to the canal side. This offering is not just about finding shelter; it encompasses immense investment potential in one of Lancaster’s highly sought-after locales. This chain-free opportunity should not be overlooked.

Investment Analysis

(LA1 area)

Above Market Value

This property is priced +23.9% above area average per sq ft

+23.9%
This Property
£284/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£217
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£737,131
10% above area average per sq ft
Potential ROI
-18.5%
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

Haverbreaks Road, 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
£3,136
Based on a loan of £622,500 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.

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