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Coronation Way, Lancaster, LA1

North West

£375,000

Listed on 13/07/2026

Property details

Bedrooms
4
Type
Detached
Area
1205 sqft

Description

This four-bedroom detached home, situated on a spacious plot in a desirable residential area of Lancaster, offers significant renovation and investment potential. The property is well-maintained but presents various opportunities for enhancement and modernization to better suit evolving family needs. The thoughtfully designed layout includes an open-plan living space that can be easily adapted or extended, subject to planning permissions. Upon entering, you're greeted by a welcoming hallway that leads to practical areas such as a ground floor WC and an integral garage that could be converted into additional living space. The modern kitchen flows into a utility room, providing useful storage and laundry options. The rear of the house features a bright lounge and dining area with direct garden access, ideal for family gatherings and entertaining. Upstairs, the home comprises four well-sized bedrooms—one featuring an en-suite—that can accommodate various lifestyles from children to home office setups. Each bedroom benefits from ample natural light and could be refreshed with some cosmetic upgrades or even reconfigured for more efficient use. The external aspects of the property are equally impressive; an expansive plot includes off-road parking for several vehicles and the possibility of extending further. The landscaped rear garden provides a private retreat with room for outdoor activities. This property not only offers immediate comfort but also encourages future enhancements that can significantly increase its value in one of Lancaster's sought-after neighborhoods.

Investment analysis

(LA1 area)

Above Market Value

This property is priced +36.1% above area average per sq ft

+36.1%
This Property
£311/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£210
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£303,009
10% above area average per sq ft
Potential ROI
-27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LA1)

Area prices are falling by -4.0% over the last 12 months
3 year growth: +1.5%
5 year growth: +12.8%
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

Coronation Way, Lancaster, 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
£1,417
Based on a loan of £281,250 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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