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Dallas Road, Lancaster LA1 - Image 1
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Dallas Road, Lancaster LA1

North West

£365,000
Listed on 20/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
2024 sqft

Description

Nestled on one of Lancaster's most sought-after streets, this period property showcases a blend of charm and untapped potential across its four levels. The spacious layout begins with an impressive entrance vestibule featuring intricate stained and leaded glass, leading to a hallway that sets the tone for the characterful interiors. The front-facing bay lounge is defined by high ceilings and original cornicing, complemented by a marble fireplace that enriches the inviting atmosphere. The adjoining dining room mirrors this appeal, highlighted by another fireplace and a stained glass window that adds a splash of colour. At the rear, the kitchen diner is equipped with hand-painted units and solid wood worktops, offering ample space for both culinary pursuits and social gatherings, aided by a woodburning stove for added comfort. The first floor features two spacious double bedrooms with original floorboards, while the well-appointed bathroom offers built-in storage solutions. The top floor introduces two additional bedrooms, one of which includes an ensuite shower room—an excellent option for a private master suite or guest accommodation. What truly distinguishes this property is the versatile basement area. With full ceiling height and currently designed as three separate rooms, it presents significant opportunities for development into additional living spaces or even a self-contained unit, subject to necessary permissions. Outside, the west-facing courtyard offers an inviting retreat bathed in afternoon sun—a perfect low-maintenance garden area for relaxation. This home not only exudes character but also stands as a prime candidate for modernisation and enhancement to maximise its investment value within a vibrant community rich with amenities.

Investment Analysis

(LA1 area)

Below Market Value

This property is priced -21.5% below area average per sq ft

-21.5%
Potential saving
This Property
£180/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£219
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£511,515
10% above area average per sq ft
Potential ROI
+17.6%
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

Dallas 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
£1,293
Based on a loan of £273,750 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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