83 Bowerham Road
Lancaster
Lancashire
LA1 4AQ
St. Oswald Street, Lancaster
Price Guide £250,000
4 Bedroom House - Mid Terrace
- NO CHAIN
- INCOME PRODUCING STUDENT PROPERTY
- FOUR BEDROOMS
- BATHROOM & EN-SUITE SHOWER ROOM
- CELLAR ROOMS
- DESIRABLE LOCATION
- CLOSE TO THE CITY CENTRE
- FOOL PROOF INVESTMENT
- SET OVER FOUR FLOORS
- GOOD LETTING HISTORY
INVESTMENT OPPORTUNITY – INCOME-PRODUCING STUDENT HMO
Fully Let for 2024/25 & 2025/26 Academic Years
4 Letting Bedrooms | 2 Bathrooms (1 En-suite) | Central Lancaster Location
This well-maintained, characterful HMO is ideally located just a short walk from Lancaster city centre and its wide range of shops, bars, gyms, restaurants, and transport links.
Let for the current 2024/2025 academic year, the property achieves an annual gross income of £23,760, broken down as:
3 x rooms at £120 per week
1 x en-suite room at £135 per week
(All on 48-week contracts)
It is also fully let for the 2025/2026 academic year at the same rental rates, offering immediate and continued return on investment.
Furniture and white goods are included in the sale, excluding tenant-owned personal items.
Up-to-date compliance documentation includes:
Landlord’s Gas Safety Certificate
EICR (Electrical Installation Condition Report)
Key Features:
Strong letting history
Close to Lancaster University bus routes
Excellent central location
Popular with students year after year
Ideal for investors seeking a hassle-free student let with strong yields and reliable occupancy.
Entrance Vestibule
Door to the hallway.
Hallway
Tiled floor, stairs to the first floor.
Bedroom One
Bay window to the front, fireplace, carpeted floor, radiator.
Lounge
Built-in storage cupboards, carpeted flor, radiator.
Kitchen/Diner
Window to the rear, range of matching all and base units, stainless steel sink, four ring gas hob and extractor hood, electric oven, fridge/freezer, washing machine and dryer, radiator, tiled floor, door to the cellar, table and chairs, door to the yard.
Cellar
Window to the front, gas & electric meters, consumer unit and storage room.
First Floor Landing
Stairs to the second floor.
Bathroom
Double-glazed frosted window to the rear, bath with thermostatic shower, linen cupboard housing the combi boiler, vinyl floor, radiator, W.C.
Bedroom Two
Secondary glazed window to the rear, cabinet with inset wash hand basin, carpeted floor, radiator.
Bedroom Three
Bay window to the front, built-in wardrobe, carpeted floor, radiator.
Bedroom Four
Window to the rear and velux window, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room
Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, vinyl floor extractor fan, W.C.
Rear Yard
Gate to access road
Investment Information
This property is let for this 2024/2025 academic year at 3 x £120 x 48 & 1 X £135 for the en-suite room (per person per week) offering an annual gross income of £23,760.
The property is also let for the 2025/2026 academic year at 3 x £120 x 48 & 1 X £135 for the en-suite room (per person per week) offering an annual gross income of £23,760.
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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