Lancaster | INVESTORS – Fully let for 2025/26 with £43, 600 annual income.
terraced house
7 bedrooms
property_incontent_1
Property description
A Prime Student Investment with Canal Views – Just Minutes from the City CentreLocated on Ridge Street, just a short walk from Lancaster city centre, this substantial student home offers the best of convenience and lifestyle. With scenic views over the Lancaster Canal, residents benefit from peaceful surroundings while still being within five minutes of local hotspots such as The Sugar House and Lidl. Excellent transport links include nearby bus routes and quick access to the M6, making this an ideal base for students. Residents’ parking is available to the rear, a rare bonus in such a central location.A Fully Let 7-Bed Student HMO with Generous Living Space Across Four FloorsFormerly part of a historic silk mill, this property has been converted into a large and practical student residence, set across four generous floors. On the lower ground floor, you'll find the communal living areas, which include a spacious lounge and a modern kitchen diner finished in pale grey units – ideal for socialising and shared student living.The ground floor and upper levels house seven double bedrooms, each equipped with fitted wardrobes, desks, and lockable doors for privacy and security. The property includes two bathrooms, shared between the tenants. Designed for comfort and functionality, this home makes the most of its layout and natural light, with large windows providing views over the canal.This is a fully licensed HMO that is already let for the 2025/26 academic year – a ready-made investment in a highly sought-after student location.Key InformationFully licenced 7-bed HMOGross rental income: £43,600 (TBC)Tenanted for academic year 2025/26Spacious communal lounge and modern pale grey kitchen diner on lower ground floorTwo bathrooms across four floorsAll bedrooms are lockable doubles with fitted furnitureuPVC double glazing and gas central heatingEICR availableResidents' parking space to the rear EPC Rating: E
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.
Lancaster | INVESTORS – Fully let for 2025/26 with £43, 600 annual income. - Streetview
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