Railway Street, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- 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 PROPERTY
- FOUR BEDROOMS
- WITHIN WALKING DISTANCE TO THE CITY CENTRE
- GOOD LETTING HISTORY
- WELL PRESENTED
- SPACIOUS YARD
- STORE ROOM
- GREAT INVESTMENT
- POPULAR STUDENT LOCATION
Description
4 Letting Bedrooms | Excellent Rental History | Close to Lancaster City Centre
A well-presented and fully furnished student property, ideally located within easy walking distance of Lancaster’s city centre. Residents benefit from quick access to universities, gyms, shops, restaurants, health services, and a vibrant nightlife – making this a consistently popular choice for student tenants.
Let for the 2024/2025 academic year to two tenants at £110 per person per week (48 weeks), the property currently generates a gross income of £10,560 per annum.
Looking ahead, the property is advertised for the 2025/2026 academic year at a full occupancy rate of 4 tenants at £110pppw (48 weeks), offering a potential gross income of £21,120 per annum.
Additional benefits:
Sold fully furnished (excluding tenants’ personal items)
Gas Safety Certificate in place
New EICR (Electrical Installation Condition Report)
Excellent investment potential with scope to increase income
This is a fantastic opportunity to secure a reliable, income-generating property in a sought-after student area.
?? Contact us today for more details or to arrange a viewing!
Hallway - Carpeted floor, radiator.
Bedroom One - Double-glazed bay window to the front, carpeted floor, radiator and cupboard housing the consumer unit.
Lounge/Diner - Double-glazed window to the rear, walk-in understairs storage cupboard, carpeted floor, radiator.
Kitchen - Double-glazed window to the side, range of matching wall and base units, stainless steel sink, four plate ceramic hob and extractor hood, electric oven, valiant combi boiler, fridge/freezer, washing machine, laminate floor, radiator.
Inner Hallway - Laminate floor, door to the yard.
Shower Room - Double glazed frosted window to the side, shower cubicle with thermostatic shower, wash hand basin, extractor fan, tiled floor, radiator, W.C.
First Floor Landing -
Bedroom Two - Double-glazed window to the front, carpeted floor, radiator.
Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator.
Bedroom Four - Double-glazed window to the rear, carpeted floor, radiator.
Yard - Spacious rear yard, storage shed, gate to access front and patio area.
Useful Information - Tenure Freehold
Council Tax Band ( A) £1,578.14
No onward chain
New boiler with a warranty.
New guttering was installed last December
Investment Information - This property was let for the 2024/2025 academic year to 2 x £110 PPW X 48 (per person per week) offering an annual gross income of £10,560.
This property is not currently let for the next 2025/2026 academic year but is advertised at 4 x £110 PPW X 48 (per person per week) offering a potential annual gross income of £21,120
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 a new EICR (electrical installation condition report).
Brochures
Railway 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.
- Ask agent
Railway Street, Lancaster
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Visit our security centre to find out moreDisclaimer - Property reference 33763652. 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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