5 bedroom semi-detached house for sale
Key information
Property description & features
- NO CHAIN
- LICENSED HMO
- INCOME PRODUCING STUDENT PROPERTY
- FIVE BEDROOMS
- TWO BATHROOMS
- GARDENS
- WELL PRESENTED
- FULL PROOF INVESTMENT
- EXCELLENT LOCAL BUS ROUTES
- GOOD LOCAL AMENITIES
Superb opportunity to purchase an income-producing investment property located within easy reach of Lancaster Lancaster city centre, bus links to universities and all of its amenities.
The property is sold with furniture and white goods included in the sale except the tenant's personal belongings (such as any furniture they may have brought to the property).
2 X Rooms £110.00 per week
1 X Room £125.00 per week
1 X Room £120.00 per week
1 X Room £135.00 per week
Bills included.
The property is currently let to 5 students with a gross annual income of £30,600
*This property currently has a valid HMO license in place granted by the local authority (a new owner will have to apply for their own license upon completion).
Entrance Hallway - Vinyl flooring, stairs to first floor, under stairs storage housing electric meter, radiator, double glazed door to garden, walk in storage cupboard.
Lounge - Double glazed window to the front, Vinyl flooring, radiator.
Kitchen/Diner - Double glazed window to the rear, Vinyl flooring, radiator, range of matching wall and base units, composite sink, breakfast bar, four plate electric hob, extraction hood, electric oven, integrated fridge freezer, plumbing for dishwasher
Utility Room - Double glazed window, Vinyl flooring, radiator, combi boiler, work surface, washing machine, fridge, freezer.
Shower Room - Double glazed frosted window to the rear, double glazed frosted window to the side, fully tiled, step in shower cubicle, thermostatic shower, wash hand basin, W/C
Bedroom One - Double glazed bay window to front, fireplace, carpeted floor, radiator.
First Floor Landing - Double glazed window to front, carpeted floor, access to loft, built in cupboard.
Bedroom Two - Two double glazed windows to the front, carpeted floor, radiator, desk, built in wardrobes
Bedroom Three - Double glazed window to the front, carpeted floor, radiator, built in wardrobe/cupboard.
Bedroom Four - Double glazed window to rear, laminate flooring, radiator, built in wardrobe, desk.
Bedroom Five - Double glazed window to the rear, carpeted floor, radiator, built in wardrobes, desk.
Bathroom - Double glazed frosted window to the rear, vinyl flooring, fully tiled, radiator, paneled bath with shower attachment, wash hand basin, W/C
Investment Information - 2 X Rooms £110.00 per week
1 X Room £125.00 per week
1 X Room £120.00 per week
1 X Room £135.00 per week
Bills included.
The property is currently let to 5 students with a gross annual income of £30,600
51 weeks per annum
Not let for the next academic year at this present time.
Has an HMO license.
Been a student property for the last 2 years.
£350 allowance for gas and electricity per month
£55 is for broadband
£60 is the water
Useful Information - Tenure Freehold
Council Tax Band ( B) £1678.14
Outside - Four bed semi detached property with a large lawn area to the front, raised flowerbeds and gate to access the rear. Fully enclosed rear tiered laid to lawn garden, raised flowerbeds and various plants, trees and shrubs. Decked patio area, storage shed and water tap. Gate to access the front.
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Property reference 32782014. 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 Mighty House - Lancaster.
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Broadband availability and predicted speed: obtained from Ofcom on December 19, 2023
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:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 19, 2023
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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 February 26, 2016 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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