7 Melbourne Road, Lancaster
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7 Melbourne Road, Lancaster

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We have confidence in this estimated current valuation Updated recently
£110,500
Or £718 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Sep 4, 2014
£95,000
Rental
Nov 16, 2016
£600

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 7 Melbourne Road, Lancaster, a cozy and compact terraced type home with 2 bed in the LA1 3QB area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built 1900-1929 and has a reported internal area of 86 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £110,500 and a rental potential of £718 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 Sep 4, 2014. 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.

" R & B Estate Agents would like to offer for sale this Ideal investment or first time buyers opportunity in South Lancaster, the mid terrace property offers two bedrooms, attic room, lounge, kitchen and family bathroom. There is a paved yard to the rear. The property is situated in the popular area of Freehold within easy travelling distance of the universities and M6 motorway yet within walking distance of the city centre and its local amenities. The property is in need of modernisation benefiting from double glazing. NO CHAIN.

Entrance UPVC door to vestibule leading to ;- Front Reception Room 3.86m x 3.66m

(12'8 x 12) Window to front aspect. Storage cupboard housing gas and electric meter. Gas fire, ceiling light and power points. Radiator. Double doors leading to;- Front Reception Room Cont Back Reception Room 3.63m x 2.74m

(11'11 x 9'04) Window to rear aspect, stairs leading to first floor. Under stair storage cupboard, space for fire. Ceiling light and power point. Radiator. Kitchen 4.29m x 2.16m

(14'01 x 7'11) Door leading to rear yard, window to side and rear aspect. Stainless steel sink with drainer. Gas connection. Ceiling light and power point. Radiator. Stairs to First Floor Landing, ceiling light point. Bathroom 2.95m x 1.52m (9'08 x 5'05) Three piece suite in white comprising panelled bath with over head shower, pedestal hand wash basin, low flush WC. UPVC double glazed window to rear aspect. Tiled walls to complement. Ceiling light points, radiator. Bedroom One 3.71m x 2.74m

(12'02 x 9'08) Window to rear aspect. Ceiling light and power points. Radiator. Bedroom One Cont Bedroom Two 3.89m x 2.44m

(12'09 x 8'04) Double glazed window to rear aspect. Telephone and television points. Ceiling light and power points. Radiator. Stairs to Attic Room Attic Room 5.05m x 2.46m

(16'07 x 8'11) Velux window to front aspect. Storage cupboards in eaves. Ceiling light and power points. Radiator. Rear Yard 4.80m x 4.27m

(15'09 x 14'05) Paved rear yard with access to side shared service alley. Council Tax Band A Tenure FREEHOLD OFFICE HOURS Weekdays 9.00am - 5.30pm
Saturday 9.00am ? 4.00pm VIEWINGS BY APPOINTMENT WITH AGENTS ONLY SELLING YOUR PROPERTY Are you thinking of selling your property?
If you would like to obtain an independent and completely free market appraisal, please contact our Lancaster office on (01524) 844111. LETTING YOUR PROPERTY Are you thinking of letting your property?
We can provide a Comprehensive Lettings and Management service.
For further details contact our Residential Letting department on
(01524) 590545. MORTGAGE ADVICE We would also like to take this opportunity to remind you that independent mortgage advice is available to you.
Please contact your local branch office to arrange an appointment.
Please note that just because you may be considering using one of our services, there is no obligation to use any of our other services. "

Property Data

Data point Compared to road
Tax band A
78 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £503 Try Mortgage Tracker
Energy £1,110 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”
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 7 Melbourne Road, Lancaster worth?

    7 Melbourne Road, Lancaster is now worth £110,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 7 Melbourne Road, Lancaster - click click here to get a valuation with no strings attached.

  2. What is the rental value of 7 Melbourne Road, Lancaster?

    The current rental valuation for this property is £718 per month, within a price range of £646 and £790.

  3. How many bedrooms does 7 Melbourne 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 7 Melbourne 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 7 Melbourne Road, Lancaster

    This is a Terraced property. There are 26 other Terraced properties on MELBOURNE ROAD, and 28 in total.

  6. When was 7 Melbourne Road, Lancaster built? How old is 7 Melbourne Road, Lancaster?

    7 Melbourne Road, Lancaster was was built between 1900-1929.

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