5 Bed HMO, Lancaster, LA1 1QY, £260,000

Sidney Terrace, Lancaster, Lancashire, LA1 1QY - 1 views - 23 days ago

HMO
ROI: 13%
~178 m²
+5 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Room Rate

£546

Gross Rent

£2,730

Running Costs/mo

£1,939

Cashflow/mo

£791

Cashflow/yr

£9,488

ROI

13%

Gross Yield

13%













Property History

Listed for £260,000

February 27, 2025

Floor Plans

Description

  • HMO in prime location +
  • Five individial bedrooms - fully furnished +
  • Two modern shower rooms +
  • Accommodation over four floors +
  • Lower ground floor living space +
  • Rear yard +

Spacious End-Terraced HMO Property in Prime Lancaster Location..
This deceptively spacious end-terraced property with active HMO status offers modern, contemporary accommodation across four floors. Ideal for investors, this well-presented property features five individual bedrooms; each are fully furnished, two separate first-floor shower rooms, and a modern open-plan kitchen and living area on the lower ground floor.

Situated in a quiet cul-de-sac, the property benefits from resident's permit parking and a low-maintenance rear yard. Its excellent location makes it easily accessible to Lancaster city centre, the universities, and the hospital, all within walking distance.
AGENTS NOTE - current owner has signed agreements for academic year 2025 - 2026 (five lets with each paying £130/week/room - bills included)

Viewing is highly recommended to fully appreciate the size and quality of this fantastic investment opportunity.

Agent Details

Entwistle Green, Lancaster

01524 938270

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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