Blades Street, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
8
- BATHROOMS
2
- SIZE
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- 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
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About Mighty House, Lancaster
53 Market Street Lancaster LA1 1JG
Welcome to Mighty House Estates, where our commitment to providing exceptional property services in Lancaster and Morecambe is at the heart of everything we do. With a deep understanding of the local market, our experienced team is dedicated to helping you navigate the complexities of buying, selling, and renting properties.
Our story began with a vision to redefine the property experience. Over the years, we have grown and evolved, always staying true to our core values of integrity, transparency, and personalised service. We believe that every client is unique, and we take pride in offering tailored solutions that meet your specific needs.
At Mighty House, we are more than just an estate agency. We are a team of passionate professionals who are committed to making your property journey as smooth and stress-free as possible. Whether you are a first-time buyer, a seasoned investor, or looking to sell your home, we are here to provide expert guidance and support every step of the way.
Our extensive range of services includes property valuations, marketing, viewings, and negotiations, ensuring that you receive comprehensive support throughout the process. We also offer additional services such as property management and maintenance through our sister company, Mighty Maintenance, providing a complete solution for all your property needs.
We are proud to be a part of the vibrant Lancaster and Morecambe communities, and we look forward to helping you achieve your property goals. Thank you for choosing Mighty House - your trusted partner in property.
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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.
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