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Lune Street, Lancaster

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

2

SIZE

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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

  • NO CHAIN
  • GOOD LETTING HISTORY
  • FOUR DOUBLE BEDROOMS
  • TWO SHOWER ROOMS
  • FUTURE PROOF INVESTMENT
  • GREAT INVESTMENT OPPORTUNITY
  • CLOSE TO THE CITY CENTRE
  • CELLAR ROOMS
  • POPULAR STUDENT AREA
  • WELL PRESENTED

Description

***INCOME PRODUCING HMO STUDENT PROPERTY*** ***4 LETTING BEDROOMS *** TWO SHOWER ROOMS ***CLOSE TO THE CITY CENTRE *** WELL PRESENTED *** GREAT LOCATION FOR STUDENTS *** GREAT INVESTMENT ****GOOD LETTING HISTORY ***

Income-Generating HMO Property Near Lancaster City Centre

This well-presented investment property is ideally situated just a short walk from Lancaster city centre, offering easy access to all the amenities the area has to offer. From gyms, pubs, clubs, and shops to a variety of eateries and essential health services, everything is within reach.

Designed for student accommodation, the property is in excellent condition throughout and provides comfortable living spaces. It is currently let for the next 2025/2026 academic year at £124 per person, per week, 4 X 48 weeks, generating a strong annual gross income of £23,808.


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, laminate floor, radiator.

Bedroom One - Double-glazed bay window to the front, carpeted floor, radiator.

Lounge/Diner - Double-glazed window to the rear, store cupboard housing the Worcester combi boiler, laminate floor, radiator.

Kitchen - Double-glazed window to the rear, range of matching wall and base units, washing machine, stainless steel sink, four plates ceramic hob, extractor hood, electric oven, fridge/freezer, vinyl floor, radiator, door to the cellar, double-glazed door to the yard.

Cellar - Storage space.

First Floor - Double-glazed window to the rear, carpeted floor, stairs to the second floor.

Shower Room One - Double-glazed frosted window to the rear, shower cubicle with thermostic shower, wash hand basin, heated towel rail, vinyl floor, W.C.

Shower Room Two - Shower cubicle with thermostic shower, wash hand basin, heated towel rail, vinyl floor, W.C.

Second Floor - Double-glazed window to the rear, built-in storage cupboard.

Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator.

Bedroom Four - Double-glazed window to the front, carpeted floor, radiator.

Yard - Gate to access road and storage shed.

Useful Information - Tenure Freehold
Council Tax Band (A) £1,605

Designed for student accommodation, the property is in excellent condition throughout and provides comfortable living spaces. It is currently let for the next 2025/2026 academic year at £124 per person, per week, 4 X 48 weeks, generating a strong annual gross income of £23,808.


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).

Brochures

Lune 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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Lune Street, Lancaster

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About Mighty House, Lancaster

53 Market Street Lancaster LA1 1JG
Industry affiliations:
Welcome to Mighty House Estates

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.

Your mortgage

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Years
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£1,024
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Disclaimer - Property reference 33846260. 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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