St. Oswald Street, Lancaster, Lancashire, LA1 3AS

Location

St Oswald Street is situated on the way to Bowerham from the city centre and is situated on the doorstep of the University of Cumbria and within easy travelling distance of the main Lancaster University with a regular bus route available.

Description

*** INCOME PRODUCING HMO STUDENT PROPERTY *** 5 LETTING BEDROOMS *** BATHROOM & SHOWERROOM *** IDEAL FOR UNIVERSITY OF CUMBRIA *** EXCELLENT LETTING HISTORY ***

.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 rests within walking distance of all of the amenities Lancaster has to offer including gyms, pubs, clubs, shops, eateries and health services.

The property is let for 2025/2026 academic year at 5 x £130 PPW x 48 weeks (per person per week) offering an annual gross income of £31,200.

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
Entrance Hall
Bedroom 1
Lounge
Dining Kitchen
Cellar
First Floor
Bathroom/w.c.
Bedroom 2
Bedroom 3
Second Floor
Bedroom 4
Bedroom 5
Showerroom/w.c.
Rear Yard

Services

All mains services connected.

EPC Information

'D'

The Opportunity

The property rests within walking distance of all of the amenities Lancaster has to offer including gyms, pubs, clubs, shops, eateries, and health services.


The property is let for the 2025/2026 academic year at 5 x £130 PPW x 48 weeks (per person per week) offering an annual gross income of £31,200.

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

The property is let for 2025/2026 academic year at 5 x £130 PPW x 48 weeks (per person per week) offering an annual gross income of £31,200.

Legal Costs

Each party responsible for their own legal costs.