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Penrhyn Road, Lancaster, Lancashire, LA1

North West

£150,000

Listed on 14/08/2026

Property details

Bedrooms

Type

Semi Detached

Area

1253 sqft

Features

Garden

Description

This spacious property presents a unique renovation opportunity, featuring abundant natural light and a generous plot size. It includes a large detached garage and flagged gardens, complemented by an ample driveway for parking. With the potential to create a modern living space tailored to your preferences, this home is sold chain-free and ready for its next chapter.

Investment analysis

(LA1 area)

Below Market Value

This property is priced -47.6% below area average per sq ft

-47.6%

Potential saving

This Property

£120/sq ft

Area Average

£229/sq ft

Avg Rent (weekly)

£210

Avg Yield

5.2%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£60,000 - £90,000

Target Value

£315,079

10% above area average per sq ft

Potential ROI

+31.3%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

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.

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Location

Penrhyn Road, Lancaster, Lancashire, LA1

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£567

Based on a loan of £112,500 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

Buyer type *

I am a UK resident

Next Steps

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Similar properties

Penrhyn Road, Lancaster, Lancashire, LA1

Property details

Features

Description

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Location

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