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

21 Havelock Street, Lancaster, Lancashire, LA1 4AD - 3 days ago
  1. Deal Search
  2. Lancaster
  3. LA1
  4. LA1 4AD
HMO
Inside Article 4
ROI: 13%
~62 m²

ValuationOvervalued

AI score: 90/100. Please verify valuations.

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Property History

Listed for £185,000

January 6, 2026

Sold for £136,000

2021

Sold for £132,500

2017

Sold for £107,000

2011

Sold for £52,000

2001

Floor Plans

Description

  • NO CHAIN +
  • GREAT INVESMENT PROPERTY +
  • INCOME PRODUCUNG STUDENT PROPERTY +
  • GOOD LETTING HISTORY +
  • THREE BEDROOMS +
  • WITHIN WALKING DISTANCE TO THE CITY CENTRE +
  • POPULAR STUDENT LOCATION +
  • GOOD BUS ROUTES +
  • EXCELLENT LOCAL AMENITIES +
  • SET OVER THREE FLOORS +

Superb opportunity to purchase an income-producing investment property located within easy reach of Lancaster city centre, with bus links to universities and all of its amenities.

This mid-terraced three-bedroom property is deceptively spacious and located in the ever-popular Bowerham area of Lancaster and is within easy reach of both Lancaster University (by bus) and The University of Cumbria. The city centre is also just an 8-10 minute walk away with good amenities and a great choice of bars and restaurants.

This property is let for this academic year 2025/2026 to 3 students at 2 X £118 PPPW X 48 (per person per week) & 1 X 113 PPPW X 48, offering an annual gross income of £16,752.
The property is being advertised for the 2026/2027 academic year.

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).

*This property does not need an HMO license at this time

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

Lounge - Laminate flooring, radiator, large double glazed window to front, slate hearth, stairs to first floor.

Kitchen - Laminate flooring, radiator, large double-glazed window to rear, range of matching wall and base units, space for under-counter fridge, freezer and washing machine, gas hob, electric oven and extractor hood, stainless steel sink, Vaillant combi boiler.

Bathroom - Tiled floor, tiled walls, bath with overhead thermostatic shower, sink unit with storage, large frosted double glazed window to rear, W.C.

Bedroom One - Large double glazed window to front, radiator, carpeted.

Bedroom Two - Large double glazed window to rear, radiator, carpeted.

Bedroom Three - Large double glazed Velux window, radiator, carpeted.

Outside - Outdoor tap, gate access to alley, small seating area.

Useful Information - Tenure Freehold
Council Tax Band (A) - £1,578.14

Investment Information - Tenure Freehold
Council Tax Band (A) £1,605
Good Letting History
This property is let for this academic year 2025/2026 to 3 students at 2 X £118 PPPW X 48 (per person per week) & 1 X 113 PPPW X 48, offering an annual gross income of £16,752.
The property is being advertised for the 2026/2027 academic year.

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).

*This property does not need an HMO license at this time

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

Agent Details

Mighty House Estates, Lancaster

01524 967572

Next Steps?

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

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Cashflows

AI score: 90/100. Please verify calculations.

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