Prospect Street, Lancaster | Spacious Three-Bed Terrace, LA1 3BL

The Location Prospect Street is a well-established residential street in a convenient position on the eastern side of Lancaster, within walking distance of the city centre, University of Cumbria and Royal Lancaster Infirmary. The street operates as a one-way road with on-street parking bays, offering a practical setting for those wanting easy access to the city and its surrounding amenities. Everyday conveniences are close at hand, including a local convenience store, takeaways and other neighbourhood businesses. Greaves Park is nearby, providing an attractive green space for walking and recreation, while Lancaster city centre offers a wider selection of shops, cafés, restaurants and leisure facilities. Lancaster railway station and the M6 motorway are also accessible, making the location suitable for commuters. The combination of local amenities, transport connections and proximity to major employers makes Prospect Street particularly appealing to first-time buyers, professionals and investors. With the hospital and university nearby, the location also offers potential for those considering the property as a rental investment. Property Information A traditional three-bedroom stone-built terrace arranged across three floors, offering three double bedrooms, an east-facing rear yard and excellent potential for modernisation. Situated along Prospect Street, the property presents an opportunity for buyers looking to create a home to their own specification or investors seeking a conveniently located property. Although some cosmetic updating would enhance its presentation, the property has benefited from several important improvements, including the installation of an injected damp-proof course, associated replastering where required and new concrete floors to the ground floor. The electrical installation has also been inspected, with the vendor advising that a ten-year electrical certification was issued following the inspection. These improvements, alongside UPVC double glazing and gas central heating, provide a useful starting point for further modernisation. The front entrance opens directly into a spacious living room, featuring a front-facing window, a decorative fireplace and useful built-in storage beneath the window. To the rear, the kitchen is fitted with white base units, grey work surfaces, a gas hob and an integrated oven, with space for a washing machine. Open shelving provides additional storage, while a rear door gives direct access to the outside space. Although functional, the kitchen offers scope for refurbishment and personalisation. The first floor provides a generous double bedroom positioned to the front of the property, alongside a spacious family bathroom to the rear. The bathroom includes a panelled bath with shower over, wash basin and WC, with a frosted window providing natural light. A further staircase leads to the second floor, where two additional double bedrooms offer flexible accommodation for family members, guests or home working. Both rooms feature windows providing natural light, with sloping ceilings adding character to the upper floor. Outside, the property benefits from an east-facing rear yard, enclosed by traditional stone walls and offering a practical, low-maintenance outdoor space. With room for outdoor seating and potential for improvement, the yard provides an opportunity to create a more attractive and usable outside area. Overall, the property offers a sensible layout, generous bedroom accommodation and plenty of scope for buyers looking to make improvements over time. Material Information Tenure: Freehold

Heating: Gas central heating

Glazing: UPVC double glazing throughout

Damp Proofing: Injected damp-proof course installed

Internal Improvements: Replastering undertaken where required

Ground Floor: New concrete floors installed

Electrical Installation: Inspected, with ten-year certification advised by the vendor (documentation to be confirmed)

Condition: Would benefit from cosmetic modernisation and general updating

Chain Position: No onward chain

Key Features Traditional Three-Bedroom Stone-Built Terrace

Three Generously Sized Double Bedrooms

Accommodation Arranged Over Three Floors

Spacious Living Room with Feature Fireplace

Injected Damp-Proof Course & Associated Replastering

New Concrete Flooring to Ground Floor

Electrical Installation Inspected & Certification Advised

East-Facing Enclosed Rear Yard

Walking Distance to City Centre, Hospital & University

No Onward Chain

EPC Rating: E

Yard To the rear is an East-facing enclosed yard, featuring a concrete surface, traditional stone boundary walls and gated rear access. The space is low-maintenance and offers potential for improvement, with room for outdoor seating and potted plants.

Parking - On street