83 Bowerham Road
Lancaster
Lancashire
LA1 4AQ
Lune Street, Lancaster
Offers In The Region Of £220,000
4 Bedroom House - Mid Terrace
- NO CHAIN
- GOOD LETTING HISTORY
- FOUR DOUBLE BEDROOMS
- TWO SHOWER ROOMS
- FUTURE PROOF INVESTMENT
- GREAT INVESTMENT OPPORTUNITY
- CLOSE TO THE CITY CENTRE
- CELLAR ROOMS
- POPULAR STUDENT AREA
- WELL PRESENTED
***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).
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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