Prospect Street, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- 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
- INCOME PRODUCING STUDENT PROPERTY
- THREE BEDROOMS
- WELL PRESENTED
- ALSO LET FOR THE 2024/2025 ACADEMIC YEAR & THE NEXT 2025/2026
- FUTURE PROOF INVESTMENT
- EXCELLENT LETTING HISTORY
- POPULAR STUDENT LOCATION
- WITHIN WALKING DISTANCE TO THE CITY CENTRE
- GOOD BUS ROUTES TO THE UNIVERSITIES
Description
Superb opportunity to purchase an income-producing investment property located within easy reach of Lancaster city centre, bus links to universities and all of its amenities.
This well-appointed mid-terraced property is deceptively spacious and located in the ever-popular area of South Lancaster and is within easy reach of both Lancaster University (by bus) and The University of Cumbria. The city centre is also just a 5 minute walk away with good amenities and a great choice of bars and restaurants.
The property is let for this 2024/2025 academic year at 3 x £130,00 PPW x 48 (per person per week) with an annual gross income of £18,720
The property is also let for the next 2025/2026 academic year at 3 x £135.00 PPW x 48 (per person per week) with an annual gross income of £19,440
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 Vestubule - Door to the lounge.
Lounge/Diner - Double-glazed window to the front, fireplace with inset coal effect gas fire, laminate floor, radiator, cupboard housing gas & electric meters.
Kitchen - Double-glazed window to the rear, stairs to the first floor, range of matching wall and base units, fridge/freezer, washing machine and dryer, free-standing gas cooker, stainless steel sink, under stairs storage cupboard, tiled floor, radiator, door to the yard.
First Floor Landing - Stairs to the first Floor.
Bathroom - Double glazed frosted window to the rear, panelled bath, shower cubicle with electric shower, wash hand basin, vinyl floor, extractor fan, radiator, W.C.
Bedroom One - Double-glazed window to the front, carpeted floor, radaitor.
Second Floor Landing -
Bedroom Two - Double-glazed Velux window, carpeted floor, radiator.
Bedroom Three - Secondary glazed window to the front, carpeted floor, radiator.
Rear Yard, - Patio area, gate to access road.
Investment Information - The property is let for this 2024/2025 academic year at 3 x £130.00 PPW x 48 (per person per week) with an annual gross income of £18,720
The property is also let for the next 2025/2026 academic year at 3 x £130.00 PPW x 48 (per person per week) with an annual gross income of £18,720
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 (A ) £1505.37
Brochures
Prospect 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: A
- 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
Prospect Street, Lancaster
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Visit our security centre to find out moreDisclaimer - Property reference 33166947. 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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