Mighty House says ..
***INCOME PRODUCING HMO STUDENT PROPERTY*** ***4 LETTING BEDROOMS *** 2 SHOWER ROOMS ***CLOSE TO THE CITY CENTRE *** WELL PRESENTED *** GREAT LOCATION FOR STUDENTS *** Character income-producing property situated close to the city centre with all of the amenities Lancaster has to...
Property Oracle says ..
This four-bedroom, two-bathroom terraced house in Lancaster’s Scotforth West area presents a mixed picture. Its strong points include a convenient location near well-regarded schools, potentially suggesting strong family appeal. The interior seems functional and relatively clean in photos, though not luxurious, suggesting a recently refurbished or maintained property. However, the lack of information regarding the precise property size, garden area, and the quality of information given in relation to nearby properties makes the analysis difficult. Also, some interior photos show evidence of possible wear and tear, while others suggest some renovation or modernisation has already taken place. The listing’s mention of it being suitable for student lets could make it attractive to investors, but this remains speculative without more details on rental yield and property management history. Finally, a clearer picture of the precise plot size and condition of the small yard is needed to ascertain its true value in the market. Without more information, the given list price appears reasonable based on comparable properties, however, significant caveats remain.
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
- 4
- Bathrooms
- 2
- Sqft (est)
- 830.97
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
- 344,852.55 £Increased by 2.22 %
- Average area rental value
- 1,467.00 £/moDecreased by 6.50 %
- Est letting value
- 830.97 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.20 %Decreased by 14.81 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Mighty House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ripley St Thomas Church Of England Academy | Academy Converter | Outstanding | 0.60 KM |
| Jamea Al Kauthar | Other Independent School | Good | 0.63 KM |
| Bowerham Primary & Nursery School | Community School | Good | 0.63 KM |
| Scotforth St Paul'S Church Of England Primary And Nursery School | Voluntary Aided School | Outstanding | 0.74 KM |
| The Cathedral Catholic Primary School, Lancaster | Voluntary Aided School | Good | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Princess Avenue | £ 192,500 | 0 | 0.00 KM |
| Cheltenham Road | £ 310,000 | 0 | 0.00 KM |
| Alma Road | £ 0 | 0 | 0.00 KM |
| Belle Vue Avenue | £ 0 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 1.64 KM |
| Bare Lane | 2690 | BAR | 5.85 KM |
| Morecambe | 2695 | MCM | 8.75 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Vine Street, Lancaster, Lancashire, LA1 | £ 200,000 | BUY | Unknown | 0.00 KM |
| Graham Street, Lancaster | £ 135,000 | BUY | Unknown | 0.05 KM |
| Brunton Road, Lancaster | £ 350,000 | BUY | 6 / 10 | 0.05 KM |
| Graham Street, Lancaster | £ 135,000 | BUY | 6 / 10 | 0.06 KM |
| Graham Street | Nestled in Greaves near schools, parks and the city | £ 150,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Vine Street | £ 122,000 | 0.01 KM |
| 11 Vine Street | £ 128,500 | 0.01 KM |
| 12 Vine Street | £ 137,500 | 0.01 KM |
| 2 Vine Street | £ 160,000 | 0.01 KM |
| 15 Vine Street | £ 130,000 | 0.01 KM |