£220,000

4 bedroom terraced house for sale

Lune Street, Lancaster
terraced house terraced house
bedrooms 4 bedrooms
property_incontent_1

Property description

*INCOME PRODUCING HMO STUDENT PROPERTY* *4 LETTING BEDROOMS * TWO SHOWER ROOMS *CLOSE TO THE CITY CENTRE * WELL PRESENTED * GREAT LOCATION FOR STUDENTS * GREAT INVESTMENT *GOOD LETTING HISTORY *

Income-Generating HMO Property Near Lancaster City Centre

This well-presented investment property is ideally situated just a short walk from Lancaster city centre, offering easy access to all the amenities the area has to offer. From gyms, pubs, clubs, and shops to a variety of eateries and essential health services, everything is within reach.

Designed for student accommodation, the property is in excellent condition throughout and provides comfortable living spaces. It is currently let for the next 2025/2026 academic year at £124 per person, per week, 4 X 48 weeks, generating a strong annual gross income of £23,808.


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, laminate floor, radiator.

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

Lounge/Diner - Double-glazed window to the rear, store cupboard housing the Worcester combi boiler, laminate floor, radiator.

Kitchen - Double-glazed window to the rear, range of matching wall and base units, washing machine, stainless steel sink, four plates ceramic hob, extractor hood, electric oven, fridge/freezer, vinyl floor, radiator, door to the cellar, double-glazed door to the yard.

Cellar - Storage space.

First Floor - Double-glazed window to the rear, carpeted floor, stairs to the second floor.

Shower Room One - Double-glazed frosted window to the rear, shower cubicle with thermostic shower, wash hand basin, heated towel rail, vinyl floor, W.C.

Shower Room Two - Shower cubicle with thermostic shower, wash hand basin, heated towel rail, vinyl floor, W.C.

Second Floor - Double-glazed window to the rear, built-in storage cupboard.

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

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

Yard - Gate to access road and storage shed.

Useful Information - Tenure Freehold
Council Tax Band (A) £1,605

Designed for student accommodation, the property is in excellent condition throughout and provides comfortable living spaces. It is currently let for the next 2025/2026 academic year at £124 per person, per week, 4 X 48 weeks, generating a strong annual gross income of £23,808.


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).
Read more
property_header

Property photos

property_incontent_2

Interested in this property?

Check Your Credit Report & Score

Council tax

Ask agent

First listed

Over a month ago

Energy Performance Certificate

Lune Street, Lancaster

Marketed by

Mighty House Estates - Lancaster 53a Market Street Lancaster, Lancashire LA1 1JG
Call agent on 015242 32847
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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.

View all property for sale in Lancaster

Lune Street, Lancaster - Streetview

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.
property_vrec_1