This property is no longer on the market
5 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- Investment property
- City Centre Location
- Income guaranteed for 2024
- 5 bedrooms
- Close to the Main bus route to the university
- Generating an annual yield of around 9%
This HMO licensed 5 bedroomed property is a wonderful investment opportunity for an expanding portfolio.
Located just off Bowerham road in the popular Primrose area, this investment is in prime location for all the city centre amenities including the main bus route to Lancaster University.
The property briefly comprises, on the ground floor, of a communal lounge, kitchen and a bathroom. Access to the rear of the property and yard is gained through the back door off the kitchen.
The basement has been fully tanked and transformed into a large bedroom. Access is off the kitchen utility area.
The first floor offers 2 bedrooms and one bathroom. Up on to the second floor you will find a further two bedrooms totalling 5 bedrooms, all of which are offered fully furnished with the sale.
The property is currently managed by student Housing Lancaster who hold all relevant certification for the property and is available upon request.
Please note and understand that he property requires 24 hours notice to view with it being tenanted.
Property information from this agent
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Property reference 4544. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by CoastNCountry - Lancaster & Morecambe Bay Area.
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Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on January 10, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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