Summary - 63, Fife Street, LANCASTER LA1 5TT
2 bed 1 bath Semi-Detached
Affordable two-bedroom home near Lancaster city centre and station.
50% shared ownership with option to staircase later
A practical two-bedroom semi-detached house offered as a 50% shared ownership opportunity, ideal for first-time buyers or those downsizing. The property sits just off Lancaster’s St George’s Quay, within walking distance of the city centre, train station and local amenities, and comes with off-street parking and a private, low-maintenance rear garden.
Internally the home is sensibly laid out over two storeys with a downstairs WC, contemporary kitchen and a lounge with patio doors leading to the garden. Upstairs are two well-proportioned bedrooms and a modern three-piece bathroom. The house is chain-free and presented in move-in condition for a buyer looking for affordable city living.
Important ownership details: this is leasehold shared ownership (50% share) with approximately 117 years remaining on the lease and a monthly rent of £259.31 on the unsold share. Buyers should be comfortable with leasehold/shared ownership terms and the potential to staircase later if they wish to increase their equity.
Practical considerations: the plot and internal size are modest (c. 645 sq ft), so it suits first-time purchasers, small families or buy-to-let investors rather than those seeking larger living spaces. The local area is an ageing urban community within a wider hard-pressed classification, which may influence long-term resale dynamics. Flood risk is very low and services include mains gas central heating and fast broadband, making the home efficient for everyday use.
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