House For Sale £195,000
Looking for a fantastic investment... Well this student property comes fully booked for 2023/24! With an ideal location for students attending either Lancaster University or University of Cumbria, this property won't sit around for long!
Where Is Wellington Road?
Wellington Road is at the heart of one of Lancaster's most desirable residential areas, Bowerham. A regular bus route along Bowerham Road connects to Lancaster University and University of Cumbria is within walking distance. Your tenants won't need to venture with array of local shops on Bowerham Road, from a Post Office, grocery shops, hairdresser/barber and the well know Potts Pies going since 1973 - What more could a student need?
About The Home
What does this property have to offer your tenants? Double bedrooms; two WC's; ample fridge/freezer & cupboard space; large communal areas.
On the ground floor is a large hallway, off which you can find a double bedroom to the front of the property, along with the communal living room and kitchen to the rear. There is a large, no maintenance, stone built yard and cellar for storage.
Upstairs the property has two double bedrooms, shared storage for tenants, shower room with WC and an additional separate room with WC and basin.
The Rental Income
Three letting rooms currently bringing in circa Net income £9,360 for 2022/23 and the rooms are fully let for academic year 2023/24 with a Net income of £10,300. Lettings managed via su Living.
Extra Useful Information
- Three bed student rental investment opportunity.
- Freehold in sought after location.
- Fully let for 2022/23. Net income c. £ 9,360
- Fully let for 2023/24. Net income c. £ 10,300
- Accredited and managed by lusu.
- Popular student location, easy access to both university's.
- Double Glazed.
- Gas central heating.
- Re-wired, damp proofing, new boiler and insulation updated 2012.
- New roof fitted 2021.
- Council Tax Band B £1,609 2022/23.
- Located in a 'Very Low Risk' flood area for rivers and the sea.
Click The Link Below For More Details
If you would like more details on this property, please click the brochure link below.
You can see the title deed, plot size, square footage, aerial view, broadband speeds, and lots of other information relating to this property including school information and transport links. At jdg we like to make sure our clients are always better informed!
Where Is Wellington Road?
Wellington Road is at the heart of one of Lancaster's most desirable residential areas, Bowerham. A regular bus route along Bowerham Road connects to Lancaster University and University of Cumbria is within walking distance. Your tenants won't need to venture with array of local shops on Bowerham Road, from a Post Office, grocery shops, hairdresser/barber and the well know Potts Pies going since 1973 - What more could a student need?
About The Home
What does this property have to offer your tenants? Double bedrooms; two WC's; ample fridge/freezer & cupboard space; large communal areas.
On the ground floor is a large hallway, off which you can find a double bedroom to the front of the property, along with the communal living room and kitchen to the rear. There is a large, no maintenance, stone built yard and cellar for storage.
Upstairs the property has two double bedrooms, shared storage for tenants, shower room with WC and an additional separate room with WC and basin.
The Rental Income
Three letting rooms currently bringing in circa Net income £9,360 for 2022/23 and the rooms are fully let for academic year 2023/24 with a Net income of £10,300. Lettings managed via su Living.
Extra Useful Information
- Three bed student rental investment opportunity.
- Freehold in sought after location.
- Fully let for 2022/23. Net income c. £ 9,360
- Fully let for 2023/24. Net income c. £ 10,300
- Accredited and managed by lusu.
- Popular student location, easy access to both university's.
- Double Glazed.
- Gas central heating.
- Re-wired, damp proofing, new boiler and insulation updated 2012.
- New roof fitted 2021.
- Council Tax Band B £1,609 2022/23.
- Located in a 'Very Low Risk' flood area for rivers and the sea.
Click The Link Below For More Details
If you would like more details on this property, please click the brochure link below.
You can see the title deed, plot size, square footage, aerial view, broadband speeds, and lots of other information relating to this property including school information and transport links. At jdg we like to make sure our clients are always better informed!
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