Park Road, Lancaster
SU

Park Road, Lancaster

By Sue Bridges

£ 165,000

Reviews

3 out of 5 stars

Sue Bridges says ..

Situated on the edge of Freehold, one of the most popular areas of Lancaster, is this two bedroom mid terraced house, ideally suited for both investors and first time buyers for its close proximity to the city centre. NO ONWARD CHAIN.

Property Oracle says ..

This two-bedroom terraced house in Lancaster is situated on Park Road, an area described as being on the edge of Freehold, a popular residential area of the city. The property’s location offers convenience, with the city centre, shops, restaurants, and pubs within easy reach. The proximity to several schools, including Lancaster Royal Grammar School and The Cathedral Catholic Primary School, is a significant advantage for families.

The property itself is a mid-terraced house, and the provided images reveal a functional interior. While generally well-maintained, some areas could benefit from modernisation or refurbishment. The kitchen looks dated, and some improvements could be implemented in the bathroom. The property shows signs of a lived-in state, though without significant damage or obvious disrepair.

The property features a garden. While not extensive, the garden appears to be well established and provides an outdoor area. The lack of precise measurements for either the property’s floor area or the garden area makes a definitive analysis of space challenging.

The list price of £165,000 is likely in line with current market conditions for comparable properties in the area. While precise comparative analysis is hindered by the absence of detailed square footage data for nearby listings, the price is consistent with other nearby properties with similar features and possibly in slightly better condition. This makes the price appear reasonable but doesn’t necessarily represent exceptional value for money.

Therefore, we give this property 6 / 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
4
Bedrooms
2
Bathrooms
1
Sqft (est)
786.84

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
231,813.00 £
Increased by 7.66 %
from 215,316.00 £
Est sale value
221,888.88 £
Increased by 17.99 %
from 188,054.76 £
Average area rental value
911.00 £/mo
Increased by 18.16 %
from 771.00 £/mo
Est letting value
786.84 £/mo
from 0.00 £/mo
Est rental Yield
4.72 %
Increased by 9.77 %
from 4.30 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Sue Bridges created the listing.

Nearby Schools

NameTypeOfstedDistance
Lancaster Royal Grammar SchoolAcademy Converter0.13 KM
The Cathedral Catholic Primary School, LancasterVoluntary Aided SchoolGood0.42 KM
Firbank Children'S CentreChildren's Centre0.57 KM
Lancaster Christ Church Church Of England Primary SchoolVoluntary Aided SchoolGood0.66 KM
Castle View PrimaryAcademy Sponsor Led0.69 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
East Road £ 000.00 KM
Park Avenue £ 000.00 KM
Riverview Close £ 000.00 KM
Moor Lane £ 135,00000.00 KM
Robert Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lancaster2685LAN2.01 KM
Bare Lane2690BAR5.88 KM
Morecambe2695MCM9.19 KM
Carnforth2640CNF9.30 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Road, Lancaster £ 212,000BUY6 / 100.00 KM
Park Road, Lancaster £ 150,000BUY5 / 100.00 KM
Park Road, Lancaster £ 340,000BUYUnknown0.00 KM
Park Road, Lancaster, Lancashire, LA1 £ 165,000BUY6 / 100.01 KM
Park Road, Lancaster, Lancashire, LA1 £ 188,000BUY8 / 100.01 KM

Nearby Properties

AddressPriceDistance
35 Park Road £ 143,0000.01 KM
38 Park Road £ 141,0000.01 KM
22 Park Road £ 105,0000.01 KM
28 Park Road £ 138,0000.01 KM
55 Park Road £ 189,9500.01 KM