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Lancaster Gate, Nelson, Lancashire, BB9 - Image 1
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Lancaster Gate, Nelson, Lancashire, BB9

West Midlands

£180,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1297 sqft

Description

Nestled on the popular Lancaster Gate, this substantial three-bedroom semi-detached residence offers a flexible living space totaling approximately 1,297 sq ft. While currently in excellent condition and perfect for family living or professional needs, there are several avenues for enhancement and development. The home's attractive facade is complemented by off-road parking and neatly maintained front gardens. Inside, two spacious reception areas provide a welcoming environment for both relaxation and entertainment, adjacent to a practical fitted kitchen that caters to everyday life. The first floor features three well-sized bedrooms accompanied by a modern family bathroom showcasing high-quality fixtures. Notably, the property includes two cellar rooms that serve as valuable storage but also present an opportunity for conversion into usable space, pending necessary permissions. The outdoor areas include front and rear gardens, with the rear garden serving as a private retreat ideal for year-round enjoyment. Additionally, a generously sized outbuilding with electrical connections currently functions as a hot tub room but could easily be transformed into a home office, gym, or creative space. Importantly, planning permission has been granted for a double-storey side extension, giving potential buyers the chance to increase living space significantly. For those interested in exploring this potential further, the approved plans can be accessed via the Pendle Borough Council planning portal. Offered freehold, this property represents an exceptional opportunity to secure a well-maintained home with considerable future potential in a sought-after area. Viewing is strongly advised to fully appreciate what this property has to offer.

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Investment analysis

(BB9 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£139/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£225,775
10% above area average per sq ft
Potential ROI
-1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (BB9)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +12.9%
5 year growth: +22.5%
Investment Disclaimer: Analysis based on BB9 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

Lancaster Gate, Nelson, Lancashire, BB9
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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
£680
Based on a loan of £135,000 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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