Bowerham Road, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
6
- 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
- INCOME PRODUCING HMO
- SIX LETTING BEDROOMS
- SIX EN-SUITES
- SET OVER THREE FLOOORS
- LET FOR THE NEXT 2025/2026 ACADEMIC YEAR
- EXCELLENT LETTING HISTORY
- POPULAR STUDENT LOCATION
- EXCELLENT BUS ROUTES TO UNIVERSITIES
- EXTREMELY WELL PRESENTED THROUGHOUT
- GROUND FLOOR EXTENSION TO THE REAR
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 academic year 2024/2025 at 6 X £135 PPW X 48 (per person per week) offering an annual gross income of £38,880.
The property is also let for the next academic year 2025/2026 6 X £140 X 48 (per person per week) offering an annual gross income of £40,320
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 - Laminate floor, radiator, stairs to the first floor.
Bedroom One - Double-glazed bay window to the front, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Lounge - Double-glazed window to the rear, laminate floor, radiator.
Kitchen/Diner - Double-glazed windows to the side, range of matching wall and base units, breakfast bar, electric oven and hob, extractor hood, stainless steel sink, washing machine, fridge/freezer, cupboard housing Ideal combi boiler, storage cupboard housing water cylinder, door to rear yard and door to cloakroom, steps up to bedroom two.
Cloakroom - Laminate floor, wash hand basin, W.C.
Bedroom Two - Double-glazed window to the side, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
First Floor Landing - Stairs to the second floor.
Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Bedroom Four - Double-glazed window to the rear, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Bedroom Five - Double-glazed bay window to the front, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Second Floor Landing -
Bedroom Six - Double-glazed window to the rear, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Yard - Patio area and gate to access road.
Useful & Investment Information - Tenure Freehold
Council Tax Band (C) £2007.16
Ground floor extension to the rear.
This property is let for this academic year 2024/2025 at 6 X £135 PPW X 48 (per person per week) offering an annual gross income of £38,880.
The property is also let for the next academic year 2025/2026 6 X £140 X 48 (per person per week) offering an annual gross income of £40,320
The property is also let for the next academic year 2025/2026 6 X £140 X 48 (per person per week) offering an annual gross income of £40,320
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
Bowerham 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: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- 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
Bowerham Road, 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 33339075. 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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