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Potential 4-Bed HMO, Lancaster, LA1 4TG £185,000

2, Dorrington Road, Lancaster, LA1 4TG - 8 months ago
  1. Deal Search
  2. Lancaster
  3. LA1
  4. LA1 4TG
Sold STC
HMO
ROI: 1%
112 m²

ValuationUndervalued

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Links

  • More Deals in Lancaster
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Property History

Price changed to £185,000

July 10, 2025

Listed for £195,000

April 10, 2025

Floor Plans

Description

  • GREAT OPPORTUNITY FOR PARENTS WHO HAVE CHILDREN ATTENDING UNIVERSITY +
  • NO CHAIN +
  • THREE DOUBLE BEDROOMS +
  • BASEMENT ROOMS +
  • WHITE GOODS INCLUDED +
  • FUTURE FULL PROOF INVESTMENT +
  • CLOSE TO THE CITY CENTRE +
  • GOOD LETTING HISTORY +
  • GOOD LOCAL AMENITIES +
  • POPULAR STUDENT AREA +

Income-Generating HMO Property Near Lancaster City Centre

This well-presented investment property is ideally situated just a short walk from Lancaster city centre, offering easy access to all the amenities the area has to offer. From gyms, pubs, clubs, and shops to a variety of eateries and essential health services, everything is within reach.

Designed for student accommodation, the property is in excellent condition throughout and provides comfortable living spaces

Currently let for this Academic year 2024/2025 3 X 115 x 48 = £16,560

For the 2025/2026 academic year, the property has not been advertised to let, presenting a fantastic opportunity for investors or parents looking to secure quality accommodation for their children attending university in Lancaster.

The property is sold with furniture and white goods included in the sale with the exception of the tenant's personal belongings (such as any furniture they may have brought to the property).

A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).

Kitchen - Double glazed window, range of matching wall and base units, stainless steel sink, Valliant combi boiler, fridge and freezer, dishwasher, double glazed door to the side entrance, four ring gas hob and extractor hood, electric oven and microwave, tiled floor.

Lounge/Dining Room - Double glazed window, stairs to the first floor and stairs to the basement, carpeted floor, radiator.

Bedroom One - Double glazed windows, carpeted floor, radiator.

Basement Rooms -

Utility Area - Washing machine, dryer and tiled floor.

Storage Room - Carpeted floor, radiator, steps down to cloakroom.

Cloakroom - Double glazed window, wash hand basin, tile floor, W.C.

Storge Room/Gym - Double glazed window, tiled floor, radiator, access to small store room housing the gas and electric meters.

First Floor Landing - Carpeted floor, radiator.

Bedroom Two - Double glazed windows, carpeted floor, radiator.

Bedroom Three - Double glazed windows, carpeted floor, radiator, built in storge cupboard.

Shower Room - Double glazed frosted window, walk in double shower cubicle with thermostatic shower, wash hand basin, extractor fan, heated towel rail, tiled floor, W.C.

W.C. - Double glazed frosted window, wash hand basin, vinyl floor, W.C.

Outside - Spacious garden area with various trees and plants.

Investment/ Useful Information - Tenure Freehold
Council Tax Band (B ) £1,873
Currently let for this Academic year 2024/2025 3 X 115 x 48 = £16,560

For the 2025/2026 academic year, the property has not been advertised to let, presenting a fantastic opportunity for investors or parents looking to secure quality accommodation for their children attending university in Lancaster.

The property is sold with furniture and white goods included in the sale with the exception of the tenant's personal belongings (such as any furniture they may have brought to the property).

A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).

Agent Details

Mighty House, Lancaster

01524 967572

Next Steps?

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

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