Mighty House says ..
***INCOME PRODUCING STUDENT HMO*** ***PERFECT LOCATION*** LET TO 3 STUDENTS FOR 2024/2025 AND ALSO LET FOR THE 2024/2025 ACADEMIC YEAR **** GREAT INVESTMENT *** CLOSE TO CITY CENTRE *** EXCELLENT LOCAL AMENITIES *** Superb opportunity to purchase an income-producing investment prop...
Property Oracle says ..
This three-bedroom terraced house situated on Avondale Road in Lancaster’s Scotforth West offers potential buyers a property within reach of excellent amenities and good schools. The location benefits from relative proximity to the city centre and Lancaster Train Station, making it suitable for families and students alike. The property has three bedrooms and one bathroom, however, the images suggest the property would benefit from some modernization. The interior decor is dated and, whilst functional, may need some updating, painting, and potentially some minor repairs to improve the overall condition. The small rear yard offers some external space. The listed price of £185,000 appears competitive considering similar properties in the area, although, a precise assessment is complicated due to the absence of sufficient comparable data providing details on square footage and plot size. Overall, the property presents a viable option for someone seeking a reasonably priced family home or investment property in a desirable Lancaster location; however, prospective buyers should factor in potential renovation costs.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 853.79
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 419,000.00 £Increased by 9.74 %
- Est sale value
- 354,322.85 £Increased by 2.22 %
- Average area rental value
- 1,467.00 £/moDecreased by 6.50 %
- Est letting value
- 853.79 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.20 %Decreased by 14.81 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Mighty House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bowerham Primary & Nursery School | Community School | Good | 0.26 KM |
| Scotforth St Paul'S Church Of England Primary And Nursery School | Voluntary Aided School | Outstanding | 0.77 KM |
| St Bernadette'S Catholic Primary School, Lancaster | Voluntary Aided School | Outstanding | 0.89 KM |
| The Cathedral Catholic Primary School, Lancaster | Voluntary Aided School | Good | 0.94 KM |
| Lancaster Royal Grammar School | Academy Converter | 1.00 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Montbegon | £ 0 | 0 | 0.00 KM |
| Belle Vue Avenue | £ 0 | 0 | 0.00 KM |
| Connaught Road | £ 0 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
| Cambridge Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 2.09 KM |
| Bare Lane | 2690 | BAR | 6.29 KM |
| Morecambe | 2695 | MCM | 9.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Avondale Road, Lancaster | A home with well proportioned rooms and a spacious layout | £ 180,000 | BUY | Unknown | 0.01 KM |
| Avondale Road, Lancaster, LA1 | £ 190,000 | BUY | 6 / 10 | 0.02 KM |
| Avondale Road, Lancaster, Lancashire, LA1 | £ 200,000 | BUY | 6 / 10 | 0.02 KM |
| Avondale Road, Lancaster | £ 199,950 | BUY | 6 / 10 | 0.03 KM |
| Avondale Road, Bowerham | An income producing investment property | £ 180,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 63 Avondale Road | £ 122,000 | 0.02 KM |
| 35 Avondale Road | £ 140,000 | 0.02 KM |
| 43 Avondale Road | £ 120,000 | 0.02 KM |
| 49 Avondale Road | £ 122,000 | 0.02 KM |
| 21 Avondale Road | £ 155,000 | 0.02 KM |