Summary - 26 ALBION STREET LANCASTER LA1 1DY
4 bed 1 bath Terraced
Close to city centre and transport — ideal for rental investors seeking uplift potential.
Four bedrooms across three floors, good rental layout potential
This mid-terraced Victorian property is a practical investment in a student-and-professional neighbourhood close to Lancaster city centre. Arranged over three floors, the house offers four bedrooms and two reception rooms, providing clear rental or HMO potential. The fitted kitchen and single three-piece bathroom are functional, reducing immediate refurbishment needs for short-term lets.
The building presents both opportunity and work: the stone façade requires repair and there are signs this is a renovation project. The EPC rating is E and walls are likely uninsulated, so buyers should budget for energy improvements and possible heating upgrades to improve lettability and running costs. On-street parking and a very small plot mean outside space is minimal.
Transport links are a genuine strength—walkable to the city centre, close to the train and bus stations and with easy M6 access—supporting high tenant demand and good connectivity. Crime levels in the area are very high and the neighbourhood is classified as deprived; these factors will influence tenant mix, insurance, and security costs.
Overall this property suits investors or developers seeking a period terrace with clear scope to add value through targeted refurbishment, energy upgrades and façade repair. It is sold freehold, with low council tax costs, making it straightforward for a buy-to-let or conversion project, provided purchasers allow for maintenance and area-specific challenges.
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