This property is no longer on the market
4 bedroom terraced house
Key information
Property description & features
- STUDENT PROPERTY
- INCOME PRODUCING
- LET FOR 22/23 AND 23/24
- FOUR BEDROOMS
- EXCELLENT LETTING HISTORY
- 10 MINUTES FROM THE CITY CENTRE
- GOOD BUS ROUTES
- EXCELLENT LOCAL AMENITIES
- WHITE GOODS INCLUDED
- THIS PROPERT DOES NOT NEED AN HMO AT THIS TIME
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 the 2022/2023 academic year with an annual gross income of £11,136.00 including bills.
The property is also let for the 2023/2024 academic year with an annual gross income of £11,368.00 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 the current academic year 2022/2023 with an annual gross income of £11,136.00 including bills).
The property is also let out for the next academic year 2023/2024 with an annual gross income of £11,368.00 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 a HMO license at this time.
Council Tax Band ( B )£1678.14
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition report).
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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 March 9, 2022
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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 May 10, 2019 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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