4 bedroom terraced house for sale
Key information
Property description & features
- NO CHAIN
- INCOME PRODUCING STUDENT HMO
- FOUR BEDROOMS
- FOUR EN-SUITES
- LET FOR THIS 2023/2024 ACADEMIC YEAR
- ALSO LET FOR THE NEXT 2024/2025 ACADEMIC YEAR
- FUTURE PROOF INVESTMENT
- EXCELLENT LETTING HISTORY
- POPULAR STUDENT LOCATION
- EXCELLENT BUS ROUTES TO UNIVERSITIES
Mighty House is pleased to present to you an excellent investment opportunity in the popular student area of Bowerham South Lancaster.
The property is easily within walking distance of Lancaster City Centre and all of its amenities, with good bus routes to the universities.
With an excellent track record of letting history, this is a future-proof investment, that will continue to let well for years to come.
This property is let for this 2023/2024 academic year at 4 x £150.00 PPW x 48 (per person per week) offering an annual gross income of £28,800
The property is also let for the next 2024/2025 academic year at 4 x £160.00PPW x 48 (per person per week) offering an annual gross income of £30,720
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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Entrance Vestibule - Door to the hallway.
Hallway - Stairs to the first floor, carpeted floor, radiator.
Bedroom One - Double-glazed bay window to the front, built-in storage cupboard, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl floor, W.C.
Lounge - Double-glazed window to the rear, laminate floor, radiator.
Kitchen/Diner - Double-glazed windows to the rear and side, range of matching wall and base units, washing machine, dishwasher, four ring gas hob and extractor hood, electric oven and grill, fridge/freezer, stainless steel sink, understairs storage cupboard, vinyl floor, radiator, table and chairs.
First Floor Landing - Walk-in storage cupboard, access to the loft.
Bedroom Two - Double-glazed window to the front, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl floor, W.C.
Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl floor, W.C.
Bedroom Four - Double-glazed window to the rear, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl floor, W.C.
Yard - Spacious yard, patio area, water tap, storage shed, gate to access road.
Investment & Useful Information - The property rests within walking distance of all of the amenities Lancaster has to offer including gyms, pubs, clubs, shops, eateries, and health services.
This property is let for this 2023/2024 academic year at 4 x £150.00 PPW x 48 (per person per week) offering an annual gross income of £28,800
The property is also let for the next 2024/2025 academic year at 4 x £160.00 PPW x 48 (per person per week) offering an annual gross income of £30,720
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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Tenure Freehold
Council Tax Band (B ) £1756.26
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Broadband availability and predicted speed: obtained from Ofcom on July 13, 2022
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 July 13, 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 February 15, 2018 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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