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4 bed flat for sale Damside Street, Lancaster, LA1

Asking price

£235,000

Added on 26/09/2026

Type: Flat
Bedrooms: 4
Bathrooms: 2
Size: £232 per sq ft
Tenure: Leasehold

About this property

Four Bedroom Student Property – Prime City Centre Location

An excellent investment opportunity, this spacious four-bedroom student flat is ideally positioned in the heart of Lancaster City Centre and is currently let for the ongoing academic year with an income of £24,000.

Accessed via a communal entrance hallway and staircase, the property offers well-designed accommodation perfectly suited to student living. Inside, the flat features a comfortable lounge, a modern kitchen/diner, and two contemporary shower rooms. Each of the four wellproportioned bedrooms benefits from its own wash basin, adding convenience and practicality for residents.

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

This home

£232 / sq ft

Area average (sold)

£226 / sq ft

Price per area, sold homes nearby

£153 / sq ft

£232 / sq ft

£303 / sq ft

Lowest

This home

Highest

£232 per sq ft, above the middle of recent sales in LA1 (£153–£303, 10th–90th percentile, 1,307 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,307 homes sold in LA1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in LA1 →

Location

Damside Street, Lancaster, LA1

Open map Street View

Mortgage and stamp duty

Property price £235,000

£117k £353k

Deposit10% £24,000

£0 £235k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £211,000 mortgage. Most lenders would want a household income of about £47,000 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
Flat 2, 3 - 5, Damside Street Flat / maisonette	Flat / maisonette	Jan 2005	1,109 sq ft £180/sq ft	1,109 sq ft	£180	£200,000
Flat 1, 3 - 5, Damside Street Flat / maisonette	Flat / maisonette	Jan 2005	1,109 sq ft £180/sq ft	1,109 sq ft	£180	£200,000
Flat 2, 3 - 5, Damside Street Flat / maisonette	Flat / maisonette	Jul 2003	1,109 sq ft £138/sq ft	1,109 sq ft	£138	£153,000