Bowerham Road, Lancaster
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
6
- SIZE
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- 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
Key features
- INCOME PRODUCING HMO
- SIX LETTING BEDROOMS
- SIX EN-SUITES
- SET OVER THREE FLOOORS
- LET FOR THE NEXT 2026/2027 ACADEMIC YEAR
- EXCELLENT LETTING HISTORY
- POPULAR STUDENT LOCATION
- EXCELLENT BUS ROUTES TO UNIVERSITIES
- EXTREMELY WELL PRESENTED THROUGHOUT
- GROUND FLOOR EXTENSION TO THE REAR
Description
Mighty House Estates is delighted to present an outstanding investment opportunity within the highly sought-after student area of Bowerham, South Lancaster.
Ideally positioned within easy reach of Lancaster city centre and its extensive range of amenities, the property also benefits from excellent transport links and regular bus services to Lancaster University and the University of Cumbria, making it an attractive choice for student tenants year after year.
With an established and proven letting history, this fully licensed HMO offers investors an opportunity to acquire a high-performing asset with immediate income and strong future rental potential.
The property is fully let for the 2025/2026 academic year at £140 per person per week for 48 weeks, generating a gross annual income of £40,320.
The property is also fully let for the 2026/2027 academic year at £145 per person per week for 48 weeks, generating a gross annual income of £41,760.
Internally, the property provides six letting bedrooms, each benefiting from its own en-suite facility, together with a separate ground floor WC. The accommodation is presented to a high standard throughout and has been maintained with the student rental market firmly in mind.
The property is to be sold with furniture and white goods included within the sale, excluding tenants' personal belongings and any items personally owned by the occupants.
The property currently benefits from a valid HMO licence granted by the local authority. Please note that a purchaser will be required to apply for a new licence following completion.
Current landlord compliance documentation is in place, including a valid Gas Safety Certificate and Electrical Installation Condition Report (EICR), providing additional reassurance for prospective investors.
Entrance Hallway - Laminate floor, radiator, stairs to the first floor.
Bedroom One - Double-glazed bay window to the front, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Lounge - Double-glazed window to the rear, laminate floor, radiator.
Kitchen/Diner - Double-glazed windows to the side, range of matching wall and base units, breakfast bar, electric oven and hob, extractor hood, stainless steel sink, washing machine, fridge/freezer, cupboard housing Ideal combi boiler, storage cupboard housing water cylinder, door to rear yard and door to cloakroom, steps up to bedroom two.
Cloakroom - Laminate floor, wash hand basin, W.C.
Bedroom Two - Double-glazed window to the side, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
First Floor Landing - Stairs to the second floor.
Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Bedroom Four - Double-glazed window to the rear, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Bedroom Five - Double-glazed bay window to the front, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Second Floor Landing -
Bedroom Six - Double-glazed window to the rear, carpeted floor, radiator.
En- Suite Shower Room - Shower cubicle with thermostatic shower, wash hand basin, heated towel rail laminate floor, extractor fan, W.C.
Yard - Patio area and gate to access road.
Useful & Investment Information - Tenure Freehold
Council Tax Band (C) £2,187.63
Ground floor extension to the rear.
This property has had a RICS survey and has been valued at £400,000. Information is available on request.
The property is also let for this academic year 2025/2026 6 X £140 X 48 (per person per week) offering an annual gross income of £40,320
The property is also fully let for the 2026/2027 academic year at £145 per person per week for 48 weeks, generating a gross annual income of £41,760.
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 certificates are in place along with EICR (electrical installation condition reports).
Brochures
Bowerham Road, 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: C
- 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
Bowerham Road, Lancaster
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Visit our security centre to find out moreDisclaimer - Property reference 34734822. 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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