Blades Street, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
8
- BATHROOMS
2
- 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
- LICENSED STUDENT HMO
- EIGHT BEDROOMS
- THREE BATHROOMS
- LET FOR THIS 2024/2025 ACADEMIC YEAR & NEXT 2025/2026 ACADEMIC YEAR
- FUTURE PROOF INVESTMENT
- EXCELLENT LETTING HISTORY
- GOOD LOCAL AMENITIES
- WITHIN WALKING DISTANCE TO THE CITY CENTRE
- GREAT LOCATION
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.
The property rests within walking distance of all of the amenities Lancaster has to offer including gyms, pubs, clubs, shops, eateries, and health services.
This property is let for this 2024/2025 academic year at 5 X £120 PPW X 48 (per person per week) offering an annual gross income of £28,800.
The property is also let for the 2025/2026 academic year at 8 x £120PPW X 48 offering an annual gross income of £46,080.
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 - Stairs to the first floor, original tiled floor, radiator, stairs to the lower basement.
Bedroom Two - Double-glazed window to the front, wash hand basin, carpeted floor, radiator.
Bedroom Three - Double-glazed window to the rear, wash hand basin, built-in cupboard, carpeted floor, radiator.
Kitchen/Diner - Double-glazed windows to the side and rear, a range of matching wall and base units, a door to the yard, two electric ovens and two integrated microwaves, two four plate eclectic hobs and extractor hoods, two fridges, freezer, cupboard housing Vaillant combi boiler, two stainless steel sinks, table and chairs.
Lower Basement -
Bedroom One - Double-glazed window to rear and door to the yard, laminate floor, radiator.
Shower Room - Vanity unit with inset wash hand basin, shower cubicle with thermostatic shower, heated towel rail, extractor fan, non-slip floor, W.C.
Utility Room - Two washing machines, extractor fan.
Lounge - Double glazed door to the front, sofa bed settee carpeted floor, radiator.
First Floor Landing - Stairs to the second floor, cupboard housing water cylinder.
Bedroom Four - Double-glazed window to rear, wash basin, carpeted floor, radiator.
Bathroom - Double glazed frosted window to side, panelled bath with shower attachment, wash hand basin, extractor fan, laminate floor, radiator, W.C.
W.C. - Double-glazed frosted window to side, wash hand basin, laminate floor, W.C.
Bedroom Five - Double-glazed window to rear, wash basin, carpeted floor, radiator.
Bedroom Six - Double-glazed window to the front, wash basin, carpeted floor, radiator.
Second Floor Landing - Double glazed velux window.
Bedroom Seven - Double-glazed window to rear, wash basin, carpeted floor, radiator.
Bedroom Eight - Double-glazed velux window, wash basin, carpeted floor, radiator.
Yard - Yard with the possibility of off-road parking and door access to bedroom one.
Useful Information - Tenure Freehold
Council Tax Band (C ) £2007.16
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.
Investment Information - This property is let for this 2024/2025 academic year at 5 X £120 PPW X 48 (per person per week) offering an annual gross income of £28,800.
The property is also let for the 2025/2026 academic year at 8 x £120PPW X 48 offering an annual gross income of £46,080.
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).
Brochures
Blades 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: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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
Blades 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
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
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 moreDisclaimer - Property reference 33044008. 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.