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Cavendish Street, Lancaster

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

996 sq ft

93 sq m

TENURE
Describes 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 Investment
  • Sucessful Letting History For Over 10 Years!
  • GREAT OPPORTUNITY FOR PARENTS WHO HAVE CHILDREN ATTENDING UNIVERSITY
  • Student HMO
  • Conforms To Article 4
  • Potential To Create Additional Letting Bedrooms
  • Double Glazed
  • Gas Central Heating
  • NO CHAIN
  • Viewing Highly Recommended

Description

***INCOME PRODUCING INVESTMENT PROPERTY*** ***LET FOR THE CURRENT 2024/2025 ACADEMIC YEAR*** ***COULD BE A BEAUTIFUL FAMILY HOME*** ***SUCESSFUL LETTING HISTORY***

For the 2025/2026 academic year, the property is not yet let, presenting a fantastic opportunity for investors or parents looking to secure quality accommodation for their children attending university in Lancaster.

Alternatively, this property offers the potential to be a charming two-bedroom family home, featuring the added luxury of two spacious reception rooms, ideal for growing families seeking both space and comfort in a convenient location.

Located just a 10-minute walk from Lancaster city centre and all of its amenities.

The property is currently let to three students for this 2024/2025 academic year with an annual gross income of £17,107.20 (£118.80 x 3 x 48 per person per week *including bills) based on a 48 week contract.

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 does not require a HMO license at this time.

A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).

This highly sought after area allows easy access into Lancaster city centre which offers an excellent choice of amenities, shopping, pubs, restaurants and much more.

The city has very good transport links via road and rail making this an easy commute for professionals working at the renowned hospitals and universities.

Accommodation :

Letting bedroom, lounge/diner, kitchen and a cellar/utility room. The first floor has two further double bedrooms and a bathroom. Outside has a brick built storage shed housing the Ideal gas boiler, patio area and second storage shed.

Entrance Vestibule - Tiled flooring, door to hallway

Entrance Hallway - Original coving, stairs to the first floor, carpeted flooring, radiator.

Letting Bedroom One - Double glazed bay window to front, built in cupboards, carpeted flooring, radiator.

Lounge/Diner - Double glazed window to rear, wall mounted flame effect electric fire, built in storage cupboards, carpeted flooring, radiator, door to cellar.

Kitchen - Double glazed window to side, range of matching wall and base units with complimentary work surfaces, four plate electric hob and oven, extractor hood, stainless steel sink, space for fridge/freezer, laminate flooring.

Cellar/Utility - Plumbing for washing machine and dryer, power and light, consumer unit, door to yard.

First Floor Landing - Access to loft, walk in storage cupboard, carpeted flooring.

Letting Bedroom Two - Double glazed window to front, built in wardrobes, carpeted flooring, radiator.

Letting Bedroom Three - Double glazed window to rear, built in storage cupboard, radiator, carpeted flooring.

Bathroom - Double glazed frosted window to rear, panelled bath with Triton electric shower, vanity unit with inset wash hand basin, extractor fan, vinyl flooring, radiator, W.C.

Outside - Brick built storage shed housing the Ideal gas boiler, patio area and second storage shed.

Useful Information - Tenure- Freehold
Council Tax Band (A) £1505.37
Water meter - No
Brand new boiler with 10 year guarantee.

Investment Information - The property is currently let to three students for this 2024/2025 academic year with an annual gross income of £17,107.20 (£118.80 x 3 x 48 per person per week *including bills) based on a 48 week contract.

For the 2025/2026 academic year, the property is not yet let, presenting a fantastic opportunity for investors or parents looking to secure quality accommodation for their children attending university in Lancaster.

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).

Brochures

Cavendish 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.
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.
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Cavendish Street, Lancaster

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About Mighty House, Lancaster

53 Market Street Lancaster LA1 1JG
Industry affiliations:

Welcome to Mighty House Estates

At Mighty House Estates, we are proud to be a trusted estate agent in Lancaster, Morecambe, and the surrounding areas. We're passionate about helping people buy, sell, let, or rent property, and we're dedicated to delivering outstanding service at every stage of your property journey.

We understand the local property market inside out, and we use our knowledge and experience to provide honest, expert advice whether you're selling your home, buying your first house, letting a flat, or searching for student accommodation in Lancaster or Morecambe. Our team is committed to working with integrity and transparency, offering a friendly, personal approach that puts your needs first.

When you choose us as your estate agent in Lancaster and Morecambe, you benefit from a complete range of property services designed to help you buy, sell, let, or rent with confidence. We provide accurate property valuations, tailored marketing strategies to showcase your property, accompanied viewings, and expert negotiations to help you achieve the best possible result. Through our sister company, Mighty Student Living, we offer trusted property management in Lancaster, ideal for landlords seeking reliable tenants and hassle-free lettings. Our other sister company, Mighty Maintenance, delivers professional maintenance solutions to keep your property in excellent condition - perfect for landlords, investors, and homeowners across Lancaster, Morecambe, and the surrounding areas.

Every client is unique, and we take pride in offering a personalised service designed around your individual goals. Whether you're a homeowner looking to sell in Lancaster, a landlord with a portfolio in Morecambe, or a buyer searching for your dream home in the local area, we're here to guide you at every step.

We love being part of the Lancaster and Morecambe communities and look forward to helping you with all your property needs. Visit www.mightyhouse.co.uk to find out more about how we can help with buying, selling, letting, or renting property in Lancaster, Morecambe, and beyond.

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Disclaimer - Property reference 33720455. 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.
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