Property description
***INCOME PRODUCING STUDENT HMO*** ***EXCELLENT LETTING HISTORY*** ***5 BED ***2 BATH *** FOOL PROOF INVESTMENT *** POPULAR AREA *** GARDEN *** KITCHEN/DINER ***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 week1 X Room ?125.00 per week1 X Room ?120.00 per week1 X Room ?135.00 per weekBills 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 HallwayVinyl flooring, stairs to first floor, under stairs storage housing electric meter, radiator, double glazed door to garden, walk in storage cupboard.LoungeDouble glazed window to the front, Vinyl flooring, radiator.Kitchen/DinerDouble 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 dishwasherUtility RoomDouble glazed window, Vinyl flooring, radiator, combi boiler, work surface, washing machine, fridge, freezer.Shower RoomDouble 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/CBedroom OneDouble glazed bay window to front, fireplace, carpeted floor, radiator.First Floor LandingDouble glazed window to front, carpeted floor, access to loft, built in cupboard.Bedroom twoTwo double glazed windows to the front, carpeted floor, radiator, desk, built in wardrobesBedroom ThreeDouble glazed window to the front, carpeted floor, radiator, built in wardrobe/cupboard.Bedroom fourDouble glazed window to rear, laminate flooring, radiator, built in wardrobe, desk.Bedroom FiveDouble glazed window to the rear, carpeted floor, radiator, built in wardrobes, desk.BathroomDouble glazed frosted window to the rear, vinyl flooring, fully tiled, radiator, paneled bath with shower attachment, wash hand basin, W/CInvestment Information2 X Rooms ?110.00 per week1 X Room ?125.00 per week1 X Room ?120.00 per week1 X Room ?135.00 per weekBills included.The property is currently let to 5 students with a gross annual income of ?30,600 51 weeks per annumNot 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 waterUseful InformationTenure FreeholdCouncil Tax Band ( B) ?1678.14OutsideFour 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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