1.25 Acres Land abutting Lansil Pavillion & Lancaster Canal, Caton Road, Lancaster, LA1
RI

1.25 Acres Land abutting Lansil Pavillion & Lancaster Canal, Caton Road, Lancaster, LA1

By Richard Turner & Son

£ 350,000

Reviews

3 out of 5 stars

Richard Turner & Son says ..

INVESTMENT/POTENTIAL DEVELOPMENT OPPORTUNITYBeing a Circa 1.25 acres plot of Leasehold land principally consisting of the Lansil Golf Club car park, access road (subject to right of way by British Waterways) and mature woodland bounded along its entire westerly side by Lancaster canal.

Property Oracle says ..

This property presents a unique investment opportunity in Lancaster’s Lower Lune Valley. The listing details highlight 1.25 acres of leasehold land adjacent to the Lancaster Canal and Lansil Pavilion. The land currently comprises a car park and woodland, as seen in the provided images. The site’s proximity to the canal offers recreational advantages and potentially desirable views, while its location in the Lower Lune Valley suggests a generally attractive residential area. However, the property’s lack of buildings, the condition of the existing roadways and parking area, and the absence of key details like square footage and precise distances to amenities are crucial aspects to consider. The absence of these details make any thorough property analysis difficult. The nearby properties are residential; however, no comparison can be made as the sq footage is unknown. Further investigation into the leasehold terms, planning permissions and the potential for development (such as building one or more properties), are essential before reaching a definitive conclusion on the property’s value and investment potential. Prospective buyers must conduct thorough due diligence before committing to this purchase. The provided map gives a better indication of the land’s location and size, which are key attractions to any prospective buyers.

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
4
Location
6
Land
8
Bedrooms
0
Bathrooms
0

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
407,139.00 £
Decreased by 4.00 %
from 424,119.00 £
Average area rental value
1,723.00 £/mo
Increased by 16.11 %
from 1,484.00 £/mo
Est rental Yield
5.08 %
Increased by 20.95 %
from 4.20 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Richard Turner & Son created the listing.

Nearby Schools

NameTypeOfstedDistance
Central Lancaster High SchoolAcademy Converter1.15 KM
Castle View PrimaryAcademy Sponsor Led1.18 KM
Firbank Children'S CentreChildren's Centre1.29 KM
Chadwick High SchoolPupil Referral UnitGood1.50 KM
St Josephs Catholic Primary School, LancasterAcademy Sponsor Led1.57 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mannin Way £ 000.00 KM
Mardale Road £ 210,00000.00 KM
Mount Avenue £ 000.00 KM
Laburnum Road £ 145,00000.00 KM
Green Lane £ 380,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lancaster2685LAN2.95 KM
Bare Lane2690BAR5.58 KM
Carnforth2640CNF7.45 KM
Morecambe2695MCM9.24 KM

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AddressPriceDistance
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73 Coniston Road £ 107,7950.61 KM
98 Coniston Road £ 85,0000.61 KM
84 Coniston Road £ 108,0000.61 KM
77 Coniston Road £ 112,0000.61 KM