Skip to content
Get brand editions for Mighty House, Lancaster

Cable Street, Lancaster

PROPERTY TYPE

Terraced

BEDROOMS

8

BATHROOMS

3

SIZE

Ask agent

TENURE
Describes 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
  • LICENSED STUDENT HMO
  • EIGHT BEDROOMS
  • THREE BATHROOMS
  • LET FOR THIS 2024/2025 ACADEMIC YEAR
  • GREAT LOCATION
  • FUTURE PROOF INVESTMENT
  • CITY CENTRE LOCATION OPPOSITE BUS STATION
  • EXCELLENT LETTING HISTORY
  • ONE MINUTE WALK TO THE CITY CENTRE

Description

***INCOME PRODUCING HMO STUDENT PROPERTY*** ***8 LETTINGS BEDROOMS *** 3 BATHS*** HEART OF THE CITY CENTRE *** EXCELLENT LETTING HISTORY ***

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.

The property rests within walking distance of all of the amenities Lancaster has to offer including gyms, pubs, clubs, shops, eateries, and health services.

The property is also let for this 2024/2025 academic year at 8 x £125 PPW x 48 (per person per week) offering an annual gross income of £48,000.

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 currently has a valid HMO license in place granted by the local authority (a new owner will have to apply for their own license upon completion).

A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).

Entrance Hallway - Door to the rear yard, stairs to the first floor.

Bedroom One - Double-glazed window to front, carpeted floor, radiator.

Bedroom Two - Double-glazed window to front, carpeted floor, radiator.

Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator.

Bedroom Four - Double-glazed window to the rear, carpeted floor, radiator.

Shower Room - Shower cubicle with thermostatic shower, wash hand basin, radiator, extractor fan, vinyl floor, W.C.

First Floor - Walk-in storage cupboard housing water cylinder

Lounge/Diner - Double-glazed windows to front and side, carpeted floor, radaitor.

Shower Room - Shower cubicle with thermostatic shower, wash hand basin, radiator, extractor fan, vinyl floor, W.C.

Kitchen - Double-glazed windows to side, a range of matching wall and base units, two washing machines, a microwave, fridge/freezer, two stainless steel sinks, two four plates electric hobs and ovens with extractor fans, cupboard housing Valliant boiler, laminate floor, radiator, walk on storage cupboard housing water cylinder.

Second Floor - Access to the loft

Bedroom Five - Double-glazed window to the side, carpeted floor, radiator.

Bedroom Six - Double-glazed window to the side, carpeted floor, radiator.

Bedroom Seven - Double-glazed window to front, carpeted floor, radiator, carpeted floor, radiator.

Bedroom Eight - Double-glazed window to front, carpeted floor, radiator.

Shower Room - Double-glazed window to front, shower cubicle with thermostatic shower, wash hand basin, radiator, extractor fan, vinyl floor, W.C.

Investment Information - The property is let for this 2024/2025 academic year at 8 x £125 PPW x 48 (per person per week) offering an annual gross income of £48,000.

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 currently has a valid HMO license in place granted by the local authority (a new owner will have to apply for their own license upon completion).

A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).

Useful Information - Tenure Freehold
Council Tax Band (
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

Cable Street, 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: D
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

Cable Street, Lancaster

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Check how much you can borrow

Get an instant, personalised result:

  • Show sellers you’re serious
  • Secure viewings faster with agents
  • No impact on your credit score
Extension potential
Recently sold & under offer
See similar nearby properties
Get brand editions for Mighty House, Lancaster

About Mighty House, Lancaster

53 Market Street Lancaster LA1 1JG
Industry affiliations:
Welcome to Mighty House Estates

At Mighty House Estates, we are proud to be a trusted estate agent in Lancaster, Morecambe, and the surrounding areas. We're passionate about helping people buy, sell, let, or rent property, and we're dedicated to delivering outstanding service at every stage of your property journey.

We understand the local property market inside out, and we use our knowledge and experience to provide honest, expert advice whether you're selling your home, buying your first house, letting a flat, or searching for student accommodation in Lancaster or Morecambe. Our team is committed to working with integrity and transparency, offering a friendly, personal approach that puts your needs first.

When you choose us as your estate agent in Lancaster and Morecambe, you benefit from a complete range of property services designed to help you buy, sell, let, or rent with confidence. We provide accurate property valuations, tailored marketing strategies to showcase your property, accompanied viewings, and expert negotiations to help you achieve the best possible result. Through our sister company, Mighty Student Living, we offer trusted property management in Lancaster, ideal for landlords seeking reliable tenants and hassle-free lettings. Our other sister company, Mighty Maintenance, delivers professional maintenance solutions to keep your property in excellent condition - perfect for landlords, investors, and homeowners across Lancaster, Morecambe, and the surrounding areas.

Every client is unique, and we take pride in offering a personalised service designed around your individual goals. Whether you're a homeowner looking to sell in Lancaster, a landlord with a portfolio in Morecambe, or a buyer searching for your dream home in the local area, we're here to guide you at every step.

We love being part of the Lancaster and Morecambe communities and look forward to helping you with all your property needs. Visit www.mightyhouse.co.uk to find out more about how we can help with buying, selling, letting, or renting property in Lancaster, Morecambe, and beyond.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,954
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 33043327. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.