Prospect Street, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
- 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
Description
This well-presented three-bedroom mid-terrace property offers fantastic versatility. Currently operating as a successful HMO but equally well-suited as a spacious family home. Set to be vacant from early July, it presents a brilliant opportunity for both investors and owner-occupiers.
The ground floor features an open-plan lounge, dining and kitchen area, with standout features including a log burner and an exposed stone chimney breast. To the rear, a generous yard provides a great outdoor space for relaxing or entertaining.
Upstairs, the property boasts three double bedrooms and a large, modern bathroom.
Currently let to three students at £125pp/pw on a 46-week contract, the property generates a gross annual income of £17,250, making it a strong investment in a high-demand rental area.
Located close to Lancaster city centre, local amenities and university transport links, this is a rare opportunity to secure a home full of charm and potential in a sought-after location.
Lounge/Kitchen/Dining Room - Laminate flooring in living area, consumer unit cupboard, radiator, double glazed window to front, log burner with beautiful exposed stone chimney breast, under stairs storage cupboard with space for freestanding fridge/freezer, tiled kitchen floor, double glazed window to rear, matching wall and base units with space and plumbing for washing machine, Baumatic gas hob and electric oven, space for slimline dishwasher, stairs to first floor.
First Floor Hallway - Carpeted, large double glazed window to rear, stairs to second floor.
Bedroom One - original wooden floorboards, decorative fireplace, radiator, large double glazed window to front.
Bathroom - Vinyl flooring, bath with tiled surround, walk in shower unit, large frosted window to rear, heated towel rail, wash hand basin and W.C.
Bedroom Two - Carpeted, large double glazed Velux window, radiator.
Bedroom Three - Carpeted, large double glazed window to front, radiator.
Outside - Gate to back alley.
Useful Information - Council Tax Band (A) - £1,578.14
Tenure Freehold
Currently let to three students paying £125pp/pw x 46 week contract generating an annual gross income of £17,250.
Brochures
Prospect 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
Energy performance certificate - ask agent
Prospect Street, Lancaster
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Visit our security centre to find out moreDisclaimer - Property reference 34294398. 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 Estates, 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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