Potential 4-Bed HMO, Lancaster, LA1 4BY, £180,000

• Mid-Terrace Property +
• Investment Opportunity | HMO Licence +
• Three Bedrooms +
• Previous Gross Rent: £17,280 +
• No On-ward Chain +
• Three Piece Bathroom & Three Piece Shower Room +
• Galley Kitchen +

Location Welcome to Avondale Road in Bowerham, Lancaster. Situated on the south side of the city, it offers good transportation links to the University and M6 and is in walking distance of the RLNI and city centre. The regular buses are reachable along Bowerham Road, the train station is about 15 minutes away near the castle. Bowerham is made up of several differing property types, with a mix of Victorian and early 20th-century terrace houses alongside semi-detached houses. many choose this location due to the highly regarded primary schools, as well as being close to some of the best secondary schools. Overview This mid-terrace property has been used as a student let and has a HMO Licence. While currently vacant it has been booked out for the 25-26 academic year and will have a gross rental figure of £17,280. There are three bedrooms, two on the first floor and one on the ground floor. Each comes with a double bed, desk, wardrobe, chair and set of draws. The main living room is centrally positioned with some built-in storage options and two sofas. A galley-style kitchen offers counters and storage on either wall and has freestanding appliances. There is a ground-floor bathroom and a spacious shower room on the first floor. The property is neutrally presented throughout. On the first floor is a sizeable storage cupboard and there is loft space not currently boarded. Extra Information

• This is a freehold property

• Small yard to the rear

• Street parking is available. No permit is required.

• Gas combi boiler located in the kitchen

• No onward chain

Information for Investors This property has an HMO license for 3 students and has been let out for the academic year 2025/2026.   The gross rental income is £17,280 to include bills.  The property has been let out via Student Housin.g Lancaster Ltd.

EPC Rating: D