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Quernmore, Lancaster, LA2

North West

£1,250,000

Listed on 03/07/2026

Property details

Bedrooms
5
Type
Smallholding
Area
2527 sqft

Description

This substantial detached farmhouse, featuring five bedrooms, represents a unique opportunity for investment and renovation. It is surrounded by approximately 9.45 acres of land and includes several outbuildings, such as a large garage and three distinctive stone barns. The latter have received detailed planning permission for conversion into three separate dwellings, offering significant potential for development in a desirable rural location. The farmhouse itself has been tastefully modernised while retaining its character with features like an open fireplace, exposed beams, and spacious living areas. The property also benefits from modern amenities like central heating via an eco wood pellet boiler. With the right vision and further enhancement, this property could serve as not only a family home but also a lucrative venture in property development.

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Investment analysis

(LA2 area)

Above Market Value

This property is priced +81.3% above area average per sq ft

+81.3%
This Property
£495/sq ft
Area Average
£273/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£758,302
10% above area average per sq ft
Potential ROI
-49.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (LA2)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +8.4%
5 year growth: +3.3%
Investment Disclaimer: Analysis based on LA2 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

Quernmore, Lancaster, LA2
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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
£4,722
Based on a loan of £937,500 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.

Stamp duty calculator

Next Steps

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