Blades Street, Lancaster, Lancashire, LA1 1TT
Offers in Excess of
£400,000
£188.95 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,117 sq ft
197 sq m
- SECTOR
Commercial property for sale
Key features
- 8 LETTING BEDROOMS
- BATHROOM AND SHOWERROOM
- Let for the 2025/2026 Academic Year
- Gross Income of £46,080 Per Annum
- Walking Distance into Lancaster City Centre
- Close to the railway station
- Valid HMO License in Place Granted by Local Authority
- Realistically Priced To Sell
- 1 of 4 STUDENT PORTFOLIO SALE!!
Description
Location
Much sought after location equidistant between Lancaster city centre and the West Coast mainline railway station.
So easy access to the bus station for students to be able to access both Universities and all general amenities within the city centre.
Description
*** INCOME PRODUCING HMO STUDENT PROPERTY *** 8 LETTINGS BEDROOMS *** BATHROOM *** SHOWERROOM *** 3 WC'S *** HEART OF THE CITY CENTRE *** LONG LETTING HISTORY *** GREAT LOCATION ***
This property has the possibility of being sold as part of a portfolio with three other properties which offer some unique advantages for potential buyers. This portfolio will appeal to investors looking to diversify their holdings and spread risk across multiple assets. It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation.
The property is situated within walking distance of all Lancaster amenities including gyms, pubs, clubs, shops, eateries and health services. This is a very popular and sought after location.
This property is let for the 2025/2026 academic year at 8 x £120PPW x 48 weeks offering an annual gross income of £46,080.
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 certificate is in place along with EICR (electrical installation condition report).
Accommodation Text
Ground Floor
Bedroom 2
Bedroom 3
Dining Kitchen
Basement
Bedroom 1
Showeroom/w.c.
Utility Room
Lounge
First Floor
Bedroom 4
Bathroom/w.c.
Separate w.c.
Bedroom 5
Bedroom 6
Second Floor
Bedroom 7
Bedroom 8
Rear Yard Area providing off-road car parking.
Services
All mains services connected.
EPC Information
'D'
The Opportunity
Tenure Freehold
Council Tax Band (C ) £2007.16
This property has the possibility of being sold as part of a portfolio with three other properties which offer some unique advantages for potential buyers. This portfolio will appeal to investors looking to diversify their holdings and spread risk across multiple assets. It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation.
The Opportunity
This property is let for this 2025/2026 academic year at 8 x £120PPW x 48 weeks offering an annual gross income of £46,080.
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 certificate is in place along with EICR (electrical installation condition report).
Lease Terms
This property is let for the 2025/2026 academic year at 8 x £120PPW x 48 weeks offering an annual gross income of £46,080.
Legal Costs
Each party responsible for their own legal costs.
Much sought after location equidistant between Lancaster city centre and the West Coast mainline railway station.
So easy access to the bus station for students to be able to access both Universities and all general amenities within the city centre.
Description
*** INCOME PRODUCING HMO STUDENT PROPERTY *** 8 LETTINGS BEDROOMS *** BATHROOM *** SHOWERROOM *** 3 WC'S *** HEART OF THE CITY CENTRE *** LONG LETTING HISTORY *** GREAT LOCATION ***
This property has the possibility of being sold as part of a portfolio with three other properties which offer some unique advantages for potential buyers. This portfolio will appeal to investors looking to diversify their holdings and spread risk across multiple assets. It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation.
The property is situated within walking distance of all Lancaster amenities including gyms, pubs, clubs, shops, eateries and health services. This is a very popular and sought after location.
This property is let for the 2025/2026 academic year at 8 x £120PPW x 48 weeks offering an annual gross income of £46,080.
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 certificate is in place along with EICR (electrical installation condition report).
Accommodation Text
Ground Floor
Bedroom 2
Bedroom 3
Dining Kitchen
Basement
Bedroom 1
Showeroom/w.c.
Utility Room
Lounge
First Floor
Bedroom 4
Bathroom/w.c.
Separate w.c.
Bedroom 5
Bedroom 6
Second Floor
Bedroom 7
Bedroom 8
Rear Yard Area providing off-road car parking.
Services
All mains services connected.
EPC Information
'D'
The Opportunity
Tenure Freehold
Council Tax Band (C ) £2007.16
This property has the possibility of being sold as part of a portfolio with three other properties which offer some unique advantages for potential buyers. This portfolio will appeal to investors looking to diversify their holdings and spread risk across multiple assets. It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation.
The Opportunity
This property is let for this 2025/2026 academic year at 8 x £120PPW x 48 weeks offering an annual gross income of £46,080.
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 certificate is in place along with EICR (electrical installation condition report).
Lease Terms
This property is let for the 2025/2026 academic year at 8 x £120PPW x 48 weeks offering an annual gross income of £46,080.
Legal Costs
Each party responsible for their own legal costs.
Brochures
Blades Street, Lancaster, Lancashire, LA1 1TT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lancaster Station0.2 miles
- Bare Lane Station2.3 miles
- Morecambe Station3.1 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference 18198472FH. 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 Fisher Wrathall Commercial, 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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