MapOffers in region of
£325,0005 bedroom terraced house for sale
Cheltenham Road, Lancaster
Terraced house
5 beds
5 baths
1,054 sq ft / 98 sq m
EPC rating: E
Key information
Tenure: Freehold
Council tax: Band B
Features and description
- Tenure: Freehold
- Income producing hmo
- Five letting bedrooms
- Five en suites
- Two kitchenettes
- Set over three floors
- Let for this 2024/2025 academic year
- Popular student location
- Excellent bus routes to universities
- Extremely well presented throughout
- Ground floor cloakroom
*INCOME PRODUCING STUDENT HMO * 5 LETTINGS BEDROOMS * 5 EN-SUITES *2 BEDROOMS WITH KITCHENETTES * POPULAR STUDENT AREA * EXCELLENT LETTING HISTORY * GREAT LOCATION * WELL PRESENTED THROUGHOUT *
Mighty House is pleased to present to you an excellent investment opportunity in the popular student area of 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 academic year 2024/2025 academic year at 5 X £135 PPW X 48 (per person per week) offering an annual gross income of £32,400.
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 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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Entrance Hallway - Laminate floor, radiator, stairs to the first floor.
Bedroom One - Double-glazed bay window to the front, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Lounge - Double-glazed window to the rear, laminate floor, radiator.
Kitchen/Diner - Double-glazed window to the side, range of matching wall and base units, breakfast bar, electric hob and extractor hood, integrated oven and grill, stainless steel sink, washing machine, fridge/freezer, understairs storage cupboard, door to rear yard, laminate floor, radiator.
Inner Hallway - Cupboard housing Ideal combi boiler, tiled floor, door to Cloakroom.
Cloakroom - Double-glazed window to the side, wash hand basin, tiled floor, W.C.
First Floor Landing - Radiator, stairs to the second floor.
Bedroom Two - Double-glazed window to the rear, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Bedroom Four - Double-glazed window to the front, kitchenette with integrated sink, microwave, fridge and under sink storage space, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Second Floor Landing -
Bedroom Five - Double-glazed window to the rear, kitchenette with integrated sink, microwave, fridge and under sink storage space, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Yard - Patio area and gate to access road.
Investment & Useful Information - Tenure Freehold
Council Tax Band (B) £1756.26
This property is let for this academic year 2024/2025 academic year at 5 X £135 PPW X 48 (per person per week) offering an annual gross income of £32,400.
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 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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Mighty House is pleased to present to you an excellent investment opportunity in the popular student area of 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 academic year 2024/2025 academic year at 5 X £135 PPW X 48 (per person per week) offering an annual gross income of £32,400.
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 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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Entrance Hallway - Laminate floor, radiator, stairs to the first floor.
Bedroom One - Double-glazed bay window to the front, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Lounge - Double-glazed window to the rear, laminate floor, radiator.
Kitchen/Diner - Double-glazed window to the side, range of matching wall and base units, breakfast bar, electric hob and extractor hood, integrated oven and grill, stainless steel sink, washing machine, fridge/freezer, understairs storage cupboard, door to rear yard, laminate floor, radiator.
Inner Hallway - Cupboard housing Ideal combi boiler, tiled floor, door to Cloakroom.
Cloakroom - Double-glazed window to the side, wash hand basin, tiled floor, W.C.
First Floor Landing - Radiator, stairs to the second floor.
Bedroom Two - Double-glazed window to the rear, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Bedroom Four - Double-glazed window to the front, kitchenette with integrated sink, microwave, fridge and under sink storage space, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Second Floor Landing -
Bedroom Five - Double-glazed window to the rear, kitchenette with integrated sink, microwave, fridge and under sink storage space, carpeted floor, radiator.
En-Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Yard - Patio area and gate to access road.
Investment & Useful Information - Tenure Freehold
Council Tax Band (B) £1756.26
This property is let for this academic year 2024/2025 academic year at 5 X £135 PPW X 48 (per person per week) offering an annual gross income of £32,400.
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 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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Property information from this agent
About this agent
Mighty House is owned and run by Chartered Surveyors who are passionate about property and customer service. We are multiple property Landlords, property investors and developers ourselves and bring an exceptional range of skills and experience to the business. As a result we offer a range of services and customer service that we would want to receive ourselves.
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