Bowerham Road, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- NO CHAIN
- FOUR BEDROOMS
- INCOME PRODUCNG STUDENT HMO
- LET FOR THIS 2024/2025 ACADEMIC YEAR
- EXCELLENT LETTING HISTORY
- FUTURE PROOF INVESTMENT
- POPULAR SOUTH LANCASTER AREA OF BOWERHAM
- GOOD BUS ROUTES
- EXCELLENT LOCAL AMENITIES
- WITHIN WALKING DISTANCE TO THE CITY CENTRE
Description
This property has the possibility of being sold as part of a portfolio with three other properties which offer some unique advantages for potential buyers. This portfolio will appeal to investors looking to diversify their holdings and spread risk across multiple assets. It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation.
Superb opportunity to purchase an income-producing investment property set in the popular area of Bowerham and close to the heart of Lancaster city centre
The property rests within walking distance of all of the amenities Lancaster has to offer including gyms, pubs, clubs, shops, eateries, health services and much more!
The property is let for this academic year 2024/2025 £113 X 3 PPW (per person per week) with an annual gross income of £16,272 bills included.
With an excellent track record of letting history, this really is a future-proof investment, that will continue to let well for years to come.
The property has 4 bedrooms with 1 bathroom and 2 W.C
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 require an HMO license at this time*
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Entrance Vestibule - Door to hallway
Hallway - Stairs to the first floor, carpeted floor, radiator.
Bedroom One - Double-glazed bay window to the front, carpeted floor, radiator, wardrobe and desk.
Lounge - Double glazed window to rear, carpeted floor, radiator.
Kitchen/Diner - Double-glazed windows, a range of matching wall and base units, fireplace, stainless steel sink, four plates electric hob and oven, extractor hood, integrated fridge, vinyl floor, radiator, table and chairs and understairs storage space.
Utility Room 1 - Door to yard, double glazed windows to side and rear, dryer, fridge/freezer, Worcester combi boiler, vinyl floor.
Utility Room 2 - washing machine and freezer.
Cloakroom - Consumer unit, vinyl floor, W.C.
First Floor Landing - Walk-in storage cupboard and access to the loft.
Bedroom Two - Double-glazed bay window to front, built-in wardrobes, carpeted floor, radiator.
Bedroom Three - Double gazed window to the rear, carpeted floor, radiator.
Bathroom - Doubl eglazed frosted window
Bedroom Four -
Yard - Spacious rear yard, raised flower beds, patio area, storage area and gate to access road.
Investment Information - The property is let for this academic year 2024/2025 £113 X 3 PPW (per person per week) with an annual gross income of £16,272 bills included.
With an excellent track record of letting history, this really is a future-proof investment, that will continue to let well for years to come.
The property has 4 bedrooms with 1 bathroom and 2 W.C
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 require an HMO license at this time*
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Useful Information - Tenure Freehold
Council Tax Band (B ) £1756.26
This property has the possibility of being sold as part of a portfolio with three other properties which offer some unique advantages for potential buyers. This portfolio will appeal to investors looking to diversify their holdings and spread risk across multiple assets. It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation.
Brochures
Bowerham Road, LancasterBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Bowerham Road, Lancaster
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Visit our security centre to find out moreDisclaimer - Property reference 33039616. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mighty House, Lancaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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