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Dale Street, Lancaster LA1

North West

£225,000
Listed on 10/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1410 sqft

Description

Situated in the sought-after Primrose area of South Lancaster, this stone-fronted terrace presents an intriguing renovation opportunity for those seeking a project within walking distance to the city centre and the University of Cumbria. The property is well-placed amid local amenities, including shops, cafes, and schools, as well as easy access to public transport. Nearby green spaces such as Greaves Park and the canal provide attractive settings for outdoor activities. Arranged over four levels with a cellar, this home was originally designed as a three-bedroom property but has been adapted to feature two spacious bedrooms along with an additional reception room. The ground floor comprises a bright front lounge showcasing a large bay window, a versatile rear reception room, and a compact kitchen that connects to a ground-floor shower room. The cellar offers ample storage and workshop potential, complete with power and lighting. The first floor boasts a generous landing with fire escape access, alongside a sizable double bedroom and a modern shower room featuring stylish grey tiling and a walk-in cubicle. The entire top floor is dedicated to the second bedroom which provides significant space ideal for potential conversion or redesign (subject to relevant permissions). Externally, the enclosed rear yard includes a raised metal staircase leading up from the ground floor to the fire escape on the first level. Though some roof repairs have been completed and certain internal modifications made, prospective buyers should view this property as an opportunity for substantial refurbishment and compliance work.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -29.8% below area average per sq ft

-29.8%
Potential saving
This Property
£160/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£352,620
10% above area average per sq ft
Potential ROI
+33.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LA1)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 5.5%
5 year growth: 22.1%
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

Dale Street, Lancaster LA1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£824
Based on a loan of £168,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE