Affordable four-bed Victorian terrace with strong transport links and renovation potential.
Four bedrooms across three floors, flexible for family or sharers
This Victorian mid-terrace on Albion Street offers clear rental and renovation potential close to Lancaster city centre and transport hubs. The four-bedroom, three-storey layout suits sharers, families or investors seeking a city-positioned property with good natural light and flexible living space. The fitted kitchen and two reception rooms provide immediately usable accommodation while the attic-floor rooms add useful capacity.
There are honest material issues to note. The stone facade requires repair (scaffolding currently visible in images), the property sits in a deprived area with very high local crime rates, and the EPC is rated E. Original stone walls are likely uninsulated and some internal areas are modest in size — upgrading insulation, windows or heating could be needed to improve comfort and efficiency.
Practical positives include freehold tenure, mains gas central heating, double glazing, on-street parking and very good mobile and broadband speeds. The house’s location — a short walk to the city centre, bus and train stations and motorway access — supports lettings or resale to professionals and students. Council tax band A keeps ongoing costs low.
This is a straightforward refurbishment project or income purchase: buyers should budget for external repairs, potential insulation/energy improvements and consider the single bathroom for four bedrooms when planning layouts. For investors or hands-on buyers, the property represents an affordable entry into Lancaster’s central market with scope to add value through targeted upgrades.