6 bedroom end of terrace house for sale
Key information
Property description & features
- Tenure: Freehold
- No chain
- Income producing student property
- Six bedrooms
- Two shower rooms
- One en suite room
- Heart of the city centre
- Excellent letting hstory
- Immaculate throughout
- Fool proof investment
- Wonderful location
Imposing Income-Producing Student Property in the Heart of Lancaster City Centre
This impressive student property is ideally situated in the heart of Lancaster city centre, making it a highly sought-after location for students.
Immaculate throughout, the property boasts an excellent letting history, ensuring a reliable and profitable investment.
The property is within walking distance of all the amenities Lancaster has to offer, including gyms, pubs, clubs, shops, eateries, and health services, ensuring convenience and an attractive lifestyle for its residents.
This property is let for this 2024/2025 academic year at 5 x £135 PPW X & 1 X 145 per week for the en-suite room x 48 (per person per week) offering an annual gross income of £39,360.
Water, TV license and internet included.
Utility allowance £15.00 per person per week.
There is also another room which is currently used as a store room, but has plumbing for a bathroom suite with an electric shower.
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 Vestubule - Tiled floor, door to the hallway.
Hallway - Tiled floor, radiator, stairs to the first floor.
Bedroom One - Double-glazed bay window to the front, ornate cast iron fireplace with wood surround, carpeted floor, radiator.
Lounge - Built-in cabinets, laminate floor, radiator and door to the kitchen.
Kitchen/Diner - Double-glazed windows to the side and rear, a range of matching wall and base units, breakfast bar, stainless steel sink, dishwasher, fridge/freezers, free-standing gas cooker, double-glazed door to the yard, laminate floor, radiator, door to the cellar.
Cellar - Double-glazed window to the front, excellent head height, washing machine and dryer, radiator, gas & electric meters, table and chairs.
First Floor Landing - Split level with stairs to the second floor, radiator.
Shower Room (1) - Double-glazed frosted window to the rear, shower cubicle with jacuzzi shower, wash hand basin, extractor fan, laminate floor, radiator, W.C.
Shower Room (2) - Shower cubicle with jacuzzi shower, wash hand basin, extractor fan, laminate floor, heated towel rail, W.C.
Bedroom Two - Double-glazed window to the front, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Double-glazed frosted window to the front, shower cubicle with Triton electric shower, wash hand basin, extractor fan, laminate floor, radiator, W.C.
Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator,
Second Floor Landing - Double-glazed window to the rear.
Bedroom Four - Double-glazed window to the front, carpeted floor, radiator.
Bedroom Five - Double-glazed window to the front, carpeted floor, radiator.
Bedroom Six - Double-glazed window to the rear, carpeted floor, radiator.
Yard - Patio area and gate to access road.
Useful & Investment Information - Tenure Freehold
Council Tax Band (D ) £2258.05
This property is let for this 2024/2025 academic year at 5 x £135 PPW X & 1 X 145 per week for the en-suite room x 48 (per person per week) offering an annual gross income of £39,360.
Water, TV license and internet included.
Utility allowance £15.00 per person per week.
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).
Potential Bathroom/ Currently A Store Room - Currently used as a store room, but has plumbing for a bathroom suite with an electric shower.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 33385011. 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.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 21, 2024
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 21, 2024
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 September 27, 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.