83 Bowerham Road
Lancaster
Lancashire
LA1 4AQ
Chapel Street, Galgate, Lancaster
Offers In The Region Of £220,000
3 Bedroom House - Semi-Detached
- Income Producing Investment
- Student HMO
- Very Close To Lancaster University
- Three Letting Bedrooms
- One Off Street Parking Space
- Garage/Landlord Store
- Excellent Location
- Let for 2026/2027 Academic Year
- Good Track Record Of Letting
- Tenure: FREEHOLD
This income-producing student investment property offers a strong and reliable return, supported by an excellent letting history.
Ideally located just a 15-minute walk or a 7-minute cycle from Lancaster University, the property provides convenient access for tenants. A bus stop with routes into the city centre is also just a 1-minute walk away.
The property is well presented throughout and has been carefully maintained. Externally, it benefits from an enclosed rear garden, allocated parking, and a garage, which would be ideal for use as a landlord’s store.
Lancaster offers a wide range of amenities, including high street shops, popular restaurants, and a local market. The city also benefits from excellent road and rail links, making it well-connected for professionals working at nearby hospitals and universities.
The property is let for the 2026/2027 academic year on a 48-week tenancy (3 x occupants), generating an annual gross income of £18,144 (£126 per person per week, inclusive of bills).
The sale includes furniture and white goods, excluding tenants’ personal belongings.
Accommodation:
Lounge, spacious kitchen/diner, and ground-floor cloakroom. On the first floor are three bedrooms and a bathroom. Externally, there is an enclosed rear garden, garage, and allocated parking for two vehicles. The property also benefits from double glazing and gas central heating.
Parking spaces are located within Ashley Gardens.
Entrance Vestibule
Wood effect laminate flooring, consumer unit, door to lounge.
Lounge
Double glazed window to front, feature fireplace with inset electric fire, radiator, stairs to the first floor, radiator.
Kitchen/Diner
Double glazed window to rear, range of matching wall and base units, Vaillant wall mounted combi boiler, electric oven with four plate hob and extractor hood, plumbing for washing machine, stainless steel sink, tiled splashbacks, sliding patio doors to garden, door to cloakroom.
Cloakroom
Double glazed frosted window to rear, wash hand basin, storage cupboard, radiator, coat hook, wood effect laminate flooring, W.C.
First Floor Landing
Double glazed window to the side, linen and storage cupboard, access to the loft, carpeted flooring, radiator.
Bedroom One
Double glazed window to rear, storage cupboard, built-in wardrobes and draws, radiator, carpeted flooring.
Bedroom Two
Double glazed window to front, walk-in storage cupboard, radiator, carpeted flooring.
Bedroom Three
Double glazed window to front, radiator, carpeted flooring.
Bathroom
Double glazed frosted window to rear, panelled bath with shower, wash hand basin, partially tiled, extractor fan, vanity unit, shaver p[point, radiator, tile effect vinyl flooring, W.C.
Outside
Enclosed garden to the rear with lawn area, patio areas, storage shed and gate to the car park.
Detached Garage
Useful additional storage, landlord store or workshop.
Investment Information
The property is let for the 2026/2027 academic year, 3 X 48 with an annual gross income of £18,144 (£126 per person per week *including bills).
Excellent letting history
Current EICR & Landlords gas safety certificate in place.
The property is currently managed by Mighty Student Living on a fully managed basis, please call us for more details.
Useful Information
Council Ta1x Band ( C) £2,140
Tenure: Freehold
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.
Property data and search facilities supplied by www.vebra.com