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2 bed house for sale Olive Road, Lancaster, LA1

Asking price

£125,000

Added yesterday

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Tenure: Ask agent

Key features

Stone-built two-bedroom period terrace
Quiet horseshoe-shaped residential street
Well presented and professionally decorated
Spacious living room with feature fireplace
Modern cream Shaker-style fitted kitchen
Two well-proportioned first-floor bedrooms
Excellent fitted storage to bedroom two
Contemporary three-piece bathroom suite
Generous low-maintenance rear courtyard
Walking distance to Lancaster city centre

About this property

Looking for a stylish first home close to Lancaster? This well-presented two-bedroom stone terrace offers a spacious lounge, modern kitchen and bathroom, plus a generous enclosed courtyard.LocationOlive Road is a popular residential street in Skerton, positioned just north of Lancaster city centre.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,669
Band B

£1,947
Band C

£2,225
Band D

£2,503
Band E

£3,059
Band F

£3,616
Band G

£4,172
Band H

£5,006

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Lancaster, 2026/27 bills run from £1,669 a year in band A to £5,006 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Lancaster, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

67 comparables · within 3 miles

Cheaper than 94% of the 2-bed houses for sale nearby right now.

This home, £125,000 Median £170,000 · £139,200 – £292,000

Compared with 67 2-bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Olive Road, Lancaster, LA1

Open map Street View

Mortgage and stamp duty

Property price £125,000

£62k £188k

Deposit10% £13,000

£0 £125k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £112,000 mortgage. Most lenders would want a household income of about £25,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
23, Olive Road Terraced	Terraced	Nov 2025	538 sq ft £232/sq ft	538 sq ft	£232	£125,000
6, Olive Road Terraced	Terraced	Aug 2025	527 sq ft £246/sq ft	527 sq ft	£246	£129,950
19, Olive Road Terraced	Terraced	Mar 2025	581 sq ft £220/sq ft	581 sq ft	£220	£128,000
5, Olive Road Terraced	Terraced	Feb 2025	538 sq ft £232/sq ft	538 sq ft	£232	£125,000
11, Olive Road Terraced	Terraced	Dec 2024	570 sq ft £193/sq ft	570 sq ft	£193	£110,000
13, Olive Road Terraced	Terraced	Jun 2024	614 sq ft £134/sq ft	614 sq ft	£134	£82,500
20, Olive Road Terraced	Terraced	Jan 2023	581 sq ft £198/sq ft	581 sq ft	£198	£115,000
19, Olive Road Terraced	Terraced	Jun 2022	581 sq ft £167/sq ft	581 sq ft	£167	£97,200