83 Bowerham Road
Lancaster
Lancashire
LA1 4AQ
Prospect Street, Lancaster
Price Guide £185,000 Sold (STC)
3 Bedroom House - Terraced
- NO CHAIN
- INCOME PRODUCING STUDENT PROPERTY
- THREE BEDROOMS
- WELL PRESENTED
- ALSO LET FOR THE 2024/2025 ACADEMIC YEAR & THE NEXT 2025/2026
- FUTURE PROOF INVESTMENT
- EXCELLENT LETTING HISTORY
- POPULAR STUDENT LOCATION
- WITHIN WALKING DISTANCE TO THE CITY CENTRE
- GOOD BUS ROUTES TO THE UNIVERSITIES
*** INCOME-PRODUCING STUDENT PROPERTY*** ***PERFECT LOCATION*** LET TO 3 STUDENTS FOR THIS 2024/2025 ACADEMIC YEAR & THE NEXT 2025/2026 **** GREAT INVESTMENT *** CLOSE TO CITY CENTRE *** EXCELLENT LOCAL AMENITIES ***
Superb opportunity to purchase an income-producing investment property located within easy reach of Lancaster city centre, bus links to universities and all of its amenities.
This well-appointed mid-terraced property is deceptively spacious and located in the ever-popular area of South Lancaster and is within easy reach of both Lancaster University (by bus) and The University of Cumbria. The city centre is also just a 5 minute walk away with good amenities and a great choice of bars and restaurants.
The property is let for this 2024/2025 academic year at 3 x £130,00 PPW x 48 (per person per week) with an annual gross income of £18,720
The property is also let for the next 2025/2026 academic year at 3 x £135.00 PPW x 48 (per person per week) with an annual gross income of £19,440
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 Vestubule
Door to the lounge.
Lounge/Diner
Double-glazed window to the front, fireplace with inset coal effect gas fire, laminate floor, radiator, cupboard housing gas & electric meters.
Kitchen
Double-glazed window to the rear, stairs to the first floor, range of matching wall and base units, fridge/freezer, washing machine and dryer, free-standing gas cooker, stainless steel sink, under stairs storage cupboard, tiled floor, radiator, door to the yard.
First Floor Landing
Stairs to the first Floor.
Bathroom
Double glazed frosted window to the rear, panelled bath, shower cubicle with electric shower, wash hand basin, vinyl floor, extractor fan, radiator, W.C.
Bedroom One
Double-glazed window to the front, carpeted floor, radaitor.
Second Floor Landing
Bedroom Two
Double-glazed Velux window, carpeted floor, radiator.
Bedroom Three
Secondary glazed window to the front, carpeted floor, radiator.
Rear Yard,
Patio area, gate to access road.
Investment Information
The property is let for this 2024/2025 academic year at 3 x £130.00 PPW x 48 (per person per week) with an annual gross income of £18,720
The property is also let for the next 2025/2026 academic year at 3 x £130.00 PPW x 48 (per person per week) with an annual gross income of £18,720
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).
Tenure Freehold
Council Tax Band (A ) £1505.37
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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