House For Sale £175,000
Ullswater Road, Lancaster, LA1

Reduced for quick sale. This FOUR DOUBLE BEDROOM property offers an excellent investment opportunity. It has been a successful HMO for many years under the current owner. 

It is offered for sale at £175,000 with a fantastic rental income of £95 per room per week or £1646.66 per calendar month. The property is fully occupied from the 10th October 2022 - August 2024. Option for tenants to renew. 

The property is set in an ideal location just a 5 minute walk into the city centre and within walking distance of the University of Cumbria campus.

Briefly comprising: entrance hall, 3 double bedrooms, shower room and bathroom to the ground floor. And to the first floor is a 4th bedroom, good size kitchen and lounge with patio doors to the roof terrace. 

Ground Floor

Entrance Hall
Entrance from Ullswater Road. Access to all ground floor rooms and stairs leading to the first floor.

Bedroom One
Double glazed window. Ceiling light point. Power points. Carpeted. Radiator with TRV.

Bedroom Two
Double glazed window. Ceiling light point. Power points. Carpeted. Radiator with TRV.

Bedroom Three
Double glazed window. Ceiling light point. Power points. Carpeted. Radiator with TRV.

Shower Room
Three piece suite in white including corner shower cubicle with direct feed shower, pedestal sink and low flush W.C. Grey tiles to shower and half walls. Ceiling light point. Extractor fan. Radiator with TRV.

Bathroom
Three piece suite in white comprising pedestal sink and low flush W.C. and panelled bath with direct-feed shower over. Glass shower screen. Beige tiles to shower and half walls. Ceiling light point. Extractor fan. Radiator with TRV.

First Floor

Lounge & Dining Area
Wood staircase leading into lounge and dining area. Double doors leading onto roof terrace. Ceiling light point. Power points. Radiator with TRV. Vaulted ceiling with exposed beams.

Roof Terrace
Spacious roof terrace offering a space for outdoor dining and entertaining as well as space for drying clothes.

Kitchen
Wall, drawer and base units in wood with laminated wood worktop over. Large pantry-style cupboard to alcove and shelving. Stainless steel sink and drainer with mixer tap. Integrated electric oven, hob and extractor. Space and plumbing for additional appliances. Power points. Ceiling light point. Double glazed window. Vinyl flooring. Vaulted ceiling with exposed beams. Ceiling inspection hatch.

Bedroom Four
Double glazed window. Ceiling light point. Power points. Carpeted. Radiator with TRV. Door to roof terrace.

Additional Information
The property has a fully serviced fire alarm system with fire panel.
EICR from 2020 - 2025
All furniture is available under separate negotiation.