83 Bowerham Road
Lancaster
Lancashire
LA1 4AQ
Albion Street, Lancaster
Offers In The Region Of £230,000
3 Bedroom House - Terraced
- NO CHAIN
- INCOME PRODUCING STUDENT PROPERTY
- LET FOR THE NEXT 26/27 ACADEMIC YEAR
- OFFERING A GROSS INCOME OF £23,040
- THREE BEDROOMS
- TWO EN SUITES
- SEPARATE SHOWER ROOM
- WELL PRESENTED
- GREAT STUDENT LOCATION
- EXCELLENT LETTING HISTORY
INCOME PRODUCING STUDENT PROPERTY
Superb opportunity to acquire a fully income-producing investment property situated within easy reach of Lancaster city centre, with excellent bus links to both universities and a wide range of local amenities.
This deceptively spacious mid-terraced property provides three well-proportioned letting bedrooms, two with en-suite shower rooms, together with a separate shower room. Ideally positioned in a popular residential area, the property is conveniently located for both Lancaster University, which is easily accessible by bus, and The University of Cumbria. Lancaster city centre is also within walking distance, offering an excellent selection of shops, cafés, bars, restaurants and other everyday amenities, making this an attractive proposition for student tenants and investors alike.
The property has also been fully let for the 2026/2027 academic year, providing a gross annual rental income of £23,040. Together with its proven track record of consistent occupancy and strong letting history, this offers an incoming investor immediate, secure income and confidence in the property's ongoing investment potential.
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).
This property does not need an HMO license at this time
A current landlord's gas safety certificates are in place, along with EICR (electrical installation condition reports).
Hallway
Stairs to the first floor, radiator.
Bedroom One
Double glazed window to the front, cupboard housing combi boiler and gas meter, radiator, carpeted flooring.
Lounge/Diner
Double glazed window to the rear, stone fireplace, understairs storage housing the freezer, carpeted flooring, radiator.
Kitchen
Double glazed window to the rear and double glazed door to the garden, range of matching cabinets, four plate electric hob and extractor hood, electric oven, stainless steel sink, washing machine, fridge, vinyl flooring, radiator.
First Floor Landing
Walk in storage cupboard, stairs to the first floor.
Shower Room
Shower cubicle with Mira electric shower, vanity unit with inset wash hand basin, heated towel rail, extractor fan, vinyl flooring, W.C.
Bedroom Two
Double glazed window to the front, carpeted flooring, radiator.
En-Suite Shower Room
Shower cubicle with Mira electric shower, vanity unit with inset wash hand basin, heated towel rail, extractor fan, vinyl flooring, W.C.
Second Floor
Bedroom Three
Double glazed Velux window, carpeted flooring, radiator.
En-Suite Shower Room
Double glazed Velux window, shower cubicle with Mira electric shower, vanity unit with inset wash hand basin, heated towel rail, extractor fan, vinyl flooring, W.C.
Outside
Yard with access gate to the road.
Useful & Investment Information
Tenure Freehold
Council Tax Band (A ) £1,669
Good Letting History
The property has been fully let for the 2026/2027 academic year, providing a gross annual rental income of £23,040, offering immediate and secure income for an incoming investor.
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).
This property does not need an HMO license at this time
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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