Palatine Avenue, Lancaster, LA1

Location

Palatine Avenue is a popular residential address within walking distance of Lancaster city centre, making it particularly well suited to the student rental market. Its convenient setting allows tenants to enjoy straightforward access to the city’s shops, places to eat and everyday amenities, while the established student community supports continued rental demand. For investors, this is a location with a proven letting history and broad appeal among those wanting to live close to the heart of Lancaster. With tenants already secured for the 2026/27 academic year, Number 13 offers the opportunity to acquire an income-producing property in an area where student accommodation remains consistently sought after.

The Property

Already let for the 2026/27 academic year, this well-maintained four-bedroom student property combines an established rental history with confirmed annual gross income of £23,040. Offered with no onward chain, furniture and white goods included, it presents an attractive opportunity for an investor seeking a ready-made Lancaster buy-to-let.

The accommodation begins with a spacious entrance hallway. On the ground floor is the first double bedroom, featuring a cast-iron fireplace, together with a useful utility room fitted with storage units, a sink, washing machine and dryer. The lounge and dining area sits towards the rear, providing tenants with a comfortable shared space in which to relax and socialise. Beyond this is the fitted kitchen, equipped with an electric hob and oven, extractor, dishwasher and fridge freezer. A glazed door opens directly onto the garden.

Upstairs, the landing provides access to the loft and leads to three further well-proportioned bedrooms. One retains a cast-iron fireplace, adding a welcome touch of character. The modern bathroom includes a bath with a thermostatic shower, wash basin, WC and heated towel rail, while a separate WC helps make shared living more practical.

Outside, the established rear garden offers a lawn, patio and storage shed, creating valuable outdoor space for tenants to enjoy. The property has cavity wall insulation and has been carefully maintained, supporting its credentials as a dependable long-term investment.

Material Information

• Freehold property offered with no onward chain

• Lancaster City Council Tax Band B

• Let for the 2026/27 academic year at £120 per person, per week for four tenants

• Stated annual gross rental income of £23,040, with bills included

• Furniture and white goods are included, excluding tenants’ personal belongings

• Current landlord’s gas safety certificate and EICR are in place

• Double glazing, cavity wall insulation and a Vaillant combination boiler; the property does not currently require an HMO licence

Garden

Lawned garden to the rear

Parking - On street

On Street parking available