*INCOME PRODUCING INVESTMENT PROPERTY* *STUDENT HOUSE*NO CHAIN* *LET FOR THIS 2024/2025 ACADEMIC YEAR AND NEXT 2025/2026 *4 BED 1 BATHEXCELLENT LETTING HISTORY***
Superb opportunity to purchase an income-producing investment property located within easy reach of Lancaster city centre, bus links to universities and all of its amenities.
Located just a 10-minute walk from Lancaster city centre and all of its amenities.
Situated in a popular student area within just:
23 minutes bus to The University of Lancaster
The property is currently let to four students for this 2024/2025 academic year with an annual gross income of £13,056 including bills.
The property is also let for the 2025/2026 academic year with an annual gross income of £13,632 including bills.
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 require an HMO license at this time.
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Entrance Hallway - Stairs to the first floor, carpeted floor, radiator.
Bedroom One - Double-glazed bay window to front, built-in cupboard, carpeted floor, radiator.
Lounge - Doube glazed window to rear, carpeted floor, radiator.
Kitchen/Diner - Double-glazed windows to the side and rear, range of matching wall and base units, stainless steel sink, cupboard housing Worcester gas boiler, washing machine and fridge/freezer, table and chairs, four plates electric hob and oven, extractor hood, vinyl flooring, radiator, door to the garden.
First Floor Landing - Cupboard housing water cylinder
Bedroom Two - Double-glazed window to front, built-in desk, carpeted floor, radiator.
Bedroom Three - Double glazed window to rear, built-in desk, carpeted floor, radiator.
Bedroom Four - Double-glazed window to rear, built-in desk, carpeted floor, radiator, access to the loft.
Bathroom - Panelled bath with Mira electric shower, wash hand basin, radiator, extractor fan, vinyl flooring, W.C.
Outside - Spacious rear yard and patio area,
Investment Information - The property is currently let to four students for this 2024/2025 academic year with an annual gross income of £13,056 including bills.
The property is also let for the 2025/2026 academic year with an annual gross income of £13,632 including bills.
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 require an HMO license at this time.
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition report).
*This property does not require an HMO license at this time.
Council Tax Band ( B )£1,841.18
Tenure Freehold
Agent Details
Mighty House, Lancaster
01524 967572
Next Steps?
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