£215,000
Est. Mortgage £981 per month*

4 bedroom terraced house for sale

, Lancaster
terraced house terraced house
bedrooms 4 bedrooms

Property description

INVESTMENT OPPORTUNITY – INCOME-GENERATING STUDENT PROPERTY
4 Letting Bedrooms | Excellent Rental History | Close to Lancaster City Centre

A well-presented and fully furnished student property, ideally located within easy walking distance of Lancaster’s city centre. Residents benefit from quick access to universities, gyms, shops, restaurants, health services, and a vibrant nightlife – making this a consistently popular choice for student tenants.

Let for the 2024/2025 academic year to two tenants at £110 per person per week (48 weeks), the property currently generates a gross income of £10,560 per annum.

Looking ahead, the property is advertised for the 2025/2026 academic year at a full occupancy rate of 4 tenants at £110pppw (48 weeks), offering a potential gross income of £21,120 per annum.

Additional benefits:

Sold fully furnished (excluding tenants’ personal items)

Gas Safety Certificate in place

New EICR (Electrical Installation Condition Report)

Excellent investment potential with scope to increase income

This is a fantastic opportunity to secure a reliable, income-generating property in a sought-after student area.

?? Contact us today for more details or to arrange a viewing!

Hallway - Carpeted floor, radiator.

Bedroom One - Double-glazed bay window to the front, carpeted floor, radiator and cupboard housing the consumer unit.

Lounge/Diner - Double-glazed window to the rear, walk-in understairs storage cupboard, carpeted floor, radiator.

Kitchen - Double-glazed window to the side, range of matching wall and base units, stainless steel sink, four plate ceramic hob and extractor hood, electric oven, valiant combi boiler, fridge/freezer, washing machine, laminate floor, radiator.

Inner Hallway - Laminate floor, door to the yard.

Shower Room - Double glazed frosted window to the side, shower cubicle with thermostatic shower, wash hand basin, extractor fan, tiled floor, radiator, W.C.

First Floor Landing -

Bedroom Two - Double-glazed window to the front, carpeted floor, radiator.

Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator.

Bedroom Four - Double-glazed window to the rear, carpeted floor, radiator.

Yard - Spacious rear yard, storage shed, gate to access front and patio area.

Useful Information - Tenure Freehold
Council Tax Band ( A) £1,578.14
No onward chain
New boiler with a warranty.
New guttering was installed last December

Investment Information - This property was let for the 2024/2025 academic year to 2 x £110 PPW X 48 (per person per week) offering an annual gross income of £10,560.



This property is not currently let for the next 2025/2026 academic year but is advertised at 4 x £110 PPW X 48 (per person per week) offering a potential annual gross income of £21,120

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 a new EICR (electrical installation condition report).

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First listed

Over a month ago

Energy Performance Certificate

, Lancaster

Marketed by

Mighty House Estates - Lancaster 53a Market Street Lancaster, Lancashire LA1 1JG
Call agent on 015242 32847
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£981
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Mighty House Estates - Lancaster. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Mighty House Estates - Lancaster for full details and further information.