Newsham Road, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
4
- 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
- INCOME PRODUCING STUDENT HMO
- FOUR BEDROOMS
- FOUR EN-SUITES
- LET FOR THIS 2023/2024 ACADEMIC YEAR
- ALSO LET FOR THE NEXT 2024/2025 ACADEMIC YEAR
- FUTURE PROOF INVESTMENT
- EXCELLENT LETTING HISTORY
- POPULAR STUDENT LOCATION
- EXCELLENT BUS ROUTES TO UNIVERSITIES
Description
Mighty House is pleased to present to you an excellent investment opportunity in the popular student area of Bowerham South Lancaster.
The property is easily within walking distance of Lancaster City Centre and all of its amenities, with good bus routes to the universities.
With an excellent track record of letting history, this is a future-proof investment, that will continue to let well for years to come.
This property is let for this 2023/2024 academic year at 4 x £150.00 PPW x 48 (per person per week) offering an annual gross income of £28,800
The property is also let for the next 2024/2025 academic year at 4 x £160.00PPW x 48 (per person per week) offering an annual gross income of £30,720
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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Entrance Vestibule - Door to the hallway.
Hallway - Stairs to the first floor, carpeted floor, radiator.
Bedroom One - Double-glazed bay window to the front, built-in storage cupboard, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl floor, W.C.
Lounge - Double-glazed window to the rear, laminate floor, radiator.
Kitchen/Diner - Double-glazed windows to the rear and side, range of matching wall and base units, washing machine, dishwasher, four ring gas hob and extractor hood, electric oven and grill, fridge/freezer, stainless steel sink, understairs storage cupboard, vinyl floor, radiator, table and chairs.
First Floor Landing - Walk-in storage cupboard, access to the loft.
Bedroom Two - Double-glazed window to the front, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl floor, W.C.
Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl floor, W.C.
Bedroom Four - Double-glazed window to the rear, carpeted floor, radiator, door to the en-suite.
En-Suite Shower Room - Shower cubicle with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl floor, W.C.
Yard - Spacious yard, patio area, water tap, storage shed, gate to access road.
Investment & Useful Information - 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 2023/2024 academic year at 4 x £150.00 PPW x 48 (per person per week) offering an annual gross income of £28,800
The property is also let for the next 2024/2025 academic year at 4 x £160.00 PPW x 48 (per person per week) offering an annual gross income of £30,720
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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Tenure Freehold
Council Tax Band (B ) £1756.26
Brochures
Newsham 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
Newsham Road, Lancaster
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lancaster Station1.0 miles
- Bare Lane Station3.2 miles
- Morecambe Station3.9 miles
About the agent
Mighty House, Lancaster
53 Market Street Lancaster LA1 1JG
Mighty House is owned and run by Chartered Surveyors who are passionate about property and customer service.
We have between us over 50 years experience in both selling property and letting and managing property. We are continually performing as one of the top Estate and Letting Agents in Lancaster.
We are multiple property Landlords, property investors and developers ourselves and bring an exceptional range of skills and experience to the business. As a result we offer a range of
Industry affiliations
Notes
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