5 Olive Road, Lancaster
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5 Olive Road, Lancaster

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We have confidence in this estimated current valuation Updated recently
£162,500
Or £1,056 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Apr 20, 2013
£75,000
For Sale
Nov 29, 2013
£70,000
Rental
Aug 23, 2015
£475
Rental
Apr 16, 2021
£475

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 5 Olive Road, Lancaster, a cozy and compact terraced type home with 2 bed in the LA1 2BZ area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built before 1900 and has a reported internal area of 53 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £162,500 and a rental potential of £1,056 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Apr 20, 2013. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"** Ask about HELP TO BUY - You may only require a 5% deposit (T&Cs & eligibility criteria apply)**

ATTRACTIVE MID TERRACE HOUSE IN NORTH LANCASTER.
PERFECT FIRST TIME BUYER PROPERTY WITHIN EASY ACCESS TO THE RIVER LUNE.

This stone-built Victorian terrace house offers an exciting purchase opportunity for any first time buyer and is available with No Chain. The living accommodation is set over two floors with generous living space. The ground floor consists of a lounge, fitted kitchen, rear lobby which accesses the bathroom

(with contemporary three-piece suite) and the L-Shaped enclosed rear yard. The first floor has two bedrooms and access to loft storage. All this is complemented by gas central heating, UPVC double glazing and tasteful decoration. The house is in a residential area with many amenities in the locality including schools, shops and public transport links. This house demands internal viewing to be fully appreciated. Call our office today for further information on this exciting home.

Two Bedrooms
Lounge
Dining Kitchen
Rear Lobby
L Shaped Rear Yard
Viewing Highly Recommended


Lounge 12'6" (3.8m) x 10'11" (3.33m) (into alcoves). uPVC front door, double glazed uPVC window to front, ceiling light point, ceiling coving, double panelled radiator, gas fireplace suite with marble hearth and wooden surround, built in storage cupboards into alcove, television point, telephone point, broadband point, one double and one single electricity points and carpeted flooring with skirting boards.

Additional View of Lounge    .

Dining Kitchen 10'11" (max) x 8'3" (3.33m

(max) x 2.51m). Range of fitted wall and base units with laminate work surfaces, one and a half bowl stainless steel sink with drainer and mixer tap, gas cooker point, tiled splashbacks, plumbing for washing machine, space for fridge freezer, double glazed uPVC window to rear, ceiling light point, single panelled radiator, telephone point, two double electricity points, digital thermostat, stairs to first floor and lino tile effect flooring with skirting boards.

Additional View of Kitchen    .

Rear Lobby    Ceiling light point, built in storage cupboards, lino tile effect flooring with skirting boards and uPVC entrance door accessing rear yard.

Bathroom 6'5" x 5'4" (1.96m x 1.63m). Three piece white suite, panelled bath with tiled wall surround, pedestal wash hand basin with tiled splashback, low level flush WC, double glazed uPVC window to rear, ceiling light point, single panelled radiator, range of fitted bathroom accessories and lino tile effect flooring with skirting boards.

First Floor Landing    Carpeted landing and staircase with skirting boards, wooden handrail, ceiling light point and access hatch to loft space.

Master Bedroom 12'6" x 11' (3.8m x 3.35m). Double glazed uPVC window to front, ceiling light point, single panelled radiator, one double electricity point and carpeted flooring with skirting boards.

Second Bedroom 8'7" x 8'3" (2.62m x 2.51m). Double glazed uPVC window to rear, ceiling light point, single panelled radiator, one single electricity point, central heating boiler and carpeted flooring with skirting boards.

Rear of Property    L-shaped rear yard with concrete base, brick wall enclosure and access to rear alleyway.

Floorplan    .

"

Property Data

Data point Compared to road
43 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £739 Try Mortgage Tracker
Energy £874 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Lancaster Dallas Road Community Primary School
0.1mi
Lancaster Girls' Grammar School
0.1mi
The Cathedral Catholic Primary School Lancaster
0.3mi
Lancaster Royal Grammar School
0.4mi
Ripley St Thomas Church of England Academy
0.5mi
Nearby Stations
Lancaster Station
0.3mi
Bare Lane Station
2.4mi
Morecambe Station
3.2mi
Heysham Port Station
4.7mi
Carnforth Station
5.8mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 5 Olive Road, Lancaster worth?

    5 Olive Road, Lancaster is now worth £162,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 5 Olive Road, Lancaster - click click here to get a valuation with no strings attached.

  2. What is the rental value of 5 Olive Road, Lancaster?

    The current rental valuation for this property is £1,056 per month, within a price range of £951 and £1,162.

  3. How many bedrooms does 5 Olive Road, Lancaster have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 5 Olive Road, Lancaster?

    Nearby schools in include Lancaster Dallas Road Community Primary School, Lancaster Girls' Grammar School, The Cathedral Catholic Primary School Lancaster, Lancaster Royal Grammar School, Ripley St Thomas Church of England Academy

    Nearby stations in include Lancaster Station, Bare Lane Station, Morecambe Station, Heysham Port Station, Carnforth Station.

  5. What type of property is 5 Olive Road, Lancaster

    This is a Terraced property. There are 27 other Terraced properties on OLIVE ROAD, and 29 in total.

  6. When was 5 Olive Road, Lancaster built? How old is 5 Olive Road, Lancaster?

    5 Olive Road, Lancaster was was built between before 1900.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Lancaster, Lancashire Sedbergh, Cumbria Grange-over-sands, Cumbria Ulverston, Cumbria Barrow-in-furness, Cumbria Dalton-in-furness, Cumbria Askam-in-furness, Cumbria Kirkby-in-furness, Cumbria Millom, Cumbria Broughton-in-furness, Cumbria Coniston, Cumbria Ambleside, Cumbria Windermere, Cumbria Morecambe, Lancashire Carnforth, Cumbria Carnforth, Lancashire Milnthorpe, Cumbria Kendal, Cumbria