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Ridge Lane, Lancaster | INVESTORS – Fully let for 2025/26 with £43,600 annual income.

PROPERTY TYPE

End of Terrace

BEDROOMS

7

BATHROOMS

2

SIZE

1,862 sq ft

173 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

  • End Terrace - Student Let
  • x7 Bedrooms
  • x1 Communal Living Area | x1 Kitchen
  • x2 Bathrooms
  • Fully Licensed HMO
  • Parking to the Rear
  • uPVC Double Glazed | Gas Central Heating

Description

A Prime Student Investment with Canal Views – Just Minutes from the City Centre

Located on Ridge Street, just a short walk from Lancaster city centre, this substantial student home offers the best of convenience and lifestyle. With scenic views over the Lancaster Canal, residents benefit from peaceful surroundings while still being within five minutes of local hotspots such as The Sugar House and Lidl. Excellent transport links include nearby bus routes and quick access to the M6, making this an ideal base for students. Residents’ parking is available to the rear, a rare bonus in such a central location.

A Fully Let 7-Bed Student HMO with Generous Living Space Across Four Floors

Formerly part of a historic silk mill, this property has been converted into a large and practical student residence, set across four generous floors. On the lower ground floor, you'll find the communal living areas, which include a spacious lounge and a modern kitchen diner finished in pale grey units – ideal for socialising and shared student living.

The ground floor and upper levels house seven double bedrooms, each equipped with fitted wardrobes, desks, and lockable doors for privacy and security. The property includes two bathrooms, shared between the tenants. Designed for comfort and functionality, this home makes the most of its layout and natural light, with large windows providing views over the canal.

This is a fully licensed HMO that is already let for the 2025/26 academic year – a ready-made investment in a highly sought-after student location.

Key Information
  • Fully licenced 7-bed HMO

  • Gross rental income: £43,600 (TBC)

  • Tenanted for academic year 2025/26

  • Spacious communal lounge and modern pale grey kitchen diner on lower ground floor

  • Two bathrooms across four floors

  • All bedrooms are lockable doubles with fitted furniture

  • uPVC double glazing and gas central heating

  • EICR available

  • Residents' parking space to the rear


EPC Rating: E

Brochures

Brochure
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
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

Ridge Lane, Lancaster | INVESTORS – Fully let for 2025/26 with £43,600 annual income.

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About JD Gallagher Estate Agents, Lancaster

66 Market Street, Lancaster, LA1 1HP
Industry affiliations:

Are you thinking of moving?

Hello, Can we help you?

We are John and Michelle Gallagher, owners of the areas leading independent estate agency in the heart of Lancaster.

We've been selling and letting property in Lancaster and Morecambe over 30 years, That makes us one most experienced agencies in the area!

We are ranked by Rightmove and The Property Academy as the BEST estate agent in the UK based on Service, Marketing and Results. The result is what it is all about.

We give you a straight and honest valuation based on data, our extensive knowledge of the local property market and current market conditions, no gimmicks, no fuss! We all also give expertise home staging advice, our aim is to help you get the best possible price for your home.

I'm extremely proud of the team we have here at JDG. They hold the same belief that I do, that people come first.

We focus on you, the customer. We believe that when you get the customer service right, the sales will naturally follow. Of course, there is much more to it than that, as you'll soon discover.

Ask us anything you want. You might be a first-time buyer looking to get onto the property ladder, you might be an investor want some sound investment advice or a safe pair of hands to manage your property portfolio. You might simply need some help in how to achieve the best price for your home.

At JDG we are to here help. You have our word

John and Michelle Gallagher

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,652
We think you can borrow up to
Add your household income above
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 4994d9c6-7921-478f-8ab0-bac6656f4bd8. 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 JD Gallagher Estate Agents, 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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