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Granville Road, Lancaster LA1 - Image 1
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Granville Road, Lancaster LA1

North West

£139,950
Listed on 11/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
871 sqft

Description

This three-bedroom residence presents a noteworthy opportunity for buyers aiming to infuse their personal style while enhancing the property's value. Situated conveniently near Lancaster city centre, it is suitable for both first-time homeowners and investors seeking potential rental income. The property boasts off-road parking and a manageable, secure rear garden that could be transformed into an inviting outdoor retreat. Notably, this sale is chain-free, allowing for a quick transaction.

Upon entering through a double-glazed uPVC front door, you are welcomed by a hallway that leads into various areas of the home. The family bathroom contains a bath and wash hand basin alongside a separate WC. The expansive lounge is ideal for relaxation, featuring large double-glazed windows that flood the space with natural light, creating a welcoming atmosphere. Accessed from the lounge, the recently updated kitchen includes wall and base units complemented by laminate worktops, along with essential appliances such as an integrated electric oven and hob.

On the upper floor, you will find three spacious double bedrooms; one includes its own WC for added convenience. The overall layout provides excellent scope for reconfiguration or modern enhancements to create your dream family home.

In terms of location, Granville Road offers proximity to Ryelands Park and local amenities ranging from shops to schools. For commuting needs, local bus services are readily available, as well as nearby access to major roadways including Junction 34 of the M6 motorway within ten minutes.

The exterior features off-road parking suitable for two vehicles and side access to the rear garden secured by fencing – presenting an excellent canvas for landscaping or recreational use. With modern gas central heating in place and essential services connected, this property stands ready for your innovative touch.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -30.1% below area average per sq ft

-30.1%
Potential saving
This Property
£161/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£219
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£220,123
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LA1)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -0.8%
5 year growth: +14.5%
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

Granville Road, Lancaster LA1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£496
Based on a loan of £104,962 over 30 years at 3.91% 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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