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Welcome to Olive Road
For saleNew
£80,000

Olive Road, Lancaster | Renovation Opportunity!, LA1 2BZ

2bedrooms
1bathroom
Terracedtype
474sq ft
Freeholdtenure

Listed yesterday · Lancaster

How the price compares

This home£80,000£169 per sq ft
Median 2 bed in LA1£155k121 homes listed · £249 per sq ft
Difference-48%below the area median

Key features

  • Traditional Two-Bedroom Terraced Home
  • Full Renovation Project
  • Traditional Stone-Built Frontage
  • Separate Front Living Room
  • Kitchen with Potential to Personalise
  • Ground-Floor Three-Piece Bathroom
  • Two First-Floor Bedrooms
  • Opportunity to Create Your Ideal Home

About this home

Location Olive Road is situated within the Skerton area of Lancaster, an established residential neighbourhood offering convenient access to local amenities and Lancaster city centre. The surrounding streets feature a mixture of traditional stone-built terraced properties, making the area popular with first-time buyers, families and investors. The property is within easy reach of local shops, supermarkets, schools and regular bus services. Lancaster city centre is accessible via the River Lune crossings, providing a wider selection of shops, cafés, restaurants and leisure facilities. The nearby riverside also offers pleasant walking and cycling routes. For those travelling further afield, Lancaster railway station provides mainline connections to Preston, Manchester and beyond, while the Bay Gateway offers convenient road access towards Morecambe and the M6 motorway. Property Information This traditional two-bedroom stone-built terraced home offers an exciting opportunity for buyers looking to take on a renovation project and create a property to suit their own tastes and requirements. Offering approximately 479 sq. ft. of accommodation arranged over two floors, the property features a traditional stone frontage, a separate living room, kitchen, ground-floor bathroom and a rear yard. With a full programme of refurbishment required, the property provides a fantastic starting point for those looking to bring their own ideas to life, whether as a future home or investment opportunity. The ground floor opens into a living room positioned to the front of the property, offering a comfortable space with a traditional chimney breast and a window allowing natural light to enter. To the rear, the separate kitchen provides a practical layout with existing storage cupboards, worktop space and a sink beneath the window. This room offers the opportunity to introduce a new kitchen design to suit individual preferences. Beyond the kitchen, a hallway leads to the ground-floor bathroom, currently fitted with a bath, washbasin and WC, providing further potential for refurbishment and personalisation. Externally, the property benefits from a rear yard, offering a useful outdoor space with the potential to create a pleasant seating area or a low-maintenance courtyard. Upstairs, the property offers two bedrooms, including a generously proportioned main bedroom. The second bedroom would work well as a single bedroom, nursery or home office. Both rooms offer the opportunity to create comfortable and inviting spaces as part of the wider renovation. With its traditional character, manageable proportions and convenient location, this property presents an opportunity for buyers with the vision to transform it into a welcoming home. Material Information Freehold Property

Property Type: Traditional stone-built mid-terraced home

Accommodation: Two bedrooms, one reception room and one bathroom

Property Condition: An opportunity for a full renovation, allowing buyers to personalise the property to their own tastes

Living Room: Separate reception room featuring a traditional chimney breast

Kitchen: Existing kitchen offering the opportunity for a fresh design and updated fittings

Bathroom: Ground-floor three-piece bathroom with potential for refurbishment

Parking: On-street parking available

Key Features Traditional Two-Bedroom Terraced Home

Exciting Renovation Opportunity

Approximately 479 Sq. Ft. of Accommodation

Attractive Traditional Stone Frontage

Separate Living Room with Chimney Breast

Kitchen with Potential to Personalise

Ground-Floor Three-Piece Bathroom

Two First-Floor Bedrooms

Opportunity to Create Your Ideal Home

Convenient Location Close to Local Amenities

EPC Rating: F

Parking - On street

Property details

Property type
Terraced
Size
474 sq ft / 44 sq m
Council tax band
A
Tenure
Freehold
Parking
On street
Garden
Private garden
Broadband
ADSL copper wire
Electricity
Mains supply
Water
Mains supply

Floorplan

All

Location

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1 on this map

  • Lancaster Station0.9 mi
  • Bare Lane Station1.9 mi
  • Morecambe Station3.0 mi

What nearby homes sold for

Median sold prices in LA1 over the last 12 months: terraced £161k · semi-detached £230k · flat £121k · detached £408k.

AddressTypeSoldPrice
23 Olive Road
Lancaster LA1 2BZ
Terraced
Freehold
7 Nov 2025£125,000
6 Olive Road
Lancaster LA1 2BZ
Terraced
Freehold
27 Aug 2025£129,950
19 Olive Road
Lancaster LA1 2BZ
Terraced
Freehold
14 Mar 2025£128,000
5 Olive Road
Lancaster LA1 2BZ
Terraced
Freehold
10 Feb 2025£125,000
11 Olive Road
Lancaster LA1 2BZ
Terraced
Freehold
6 Dec 2024£110,000
13 Olive Road
Lancaster LA1 2BZ
Terraced
Freehold
7 Jun 2024£82,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in LA1

Buying costs

Monthly repayment£400£8,000 deposit · £72,000 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by JD Gallagher Estate Agents, Lancaster on Rightmove (original listing). First listed 7 Nov 2026; details checked 7 Nov 2026. Latest change: added today.

Agent disclaimer

Disclaimer - Property reference 0ee3d983-f14b-4f26-ac1a-2ec52271fc09. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by JD Gallagher Estate Agents, Lancaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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