House For Sale £230,000
Golgotha Road, Lancaster

*INCOME PRODUCING INVESTMENT PROPERTY* *STUDENT HOUSE* *NO CHAIN* *LET FOR THIS 2022/2023 ACADEMIC YEAR AND 2023/2024 *4 BED 1 BATH*EXCELLENT LETTING HISTORY*


Superb opportunity to purchase an income-producing investment property located within easy reach of Lancaster city centre, bus links to universities and all of its amenities.

Located just a 10-minute walk from Lancaster city centre and all of its amenities.

Situated in a popular student area within just:

23 minutes bus to The University of Lancaster

The property is currently let to four students for the 2022/2023 academic year with an annual gross income of £11,136.00 including bills.

The property is also let for the 2023/2024 academic year with an annual gross income of £11,368.00 including bills.

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 does not require an HMO license at this time.

A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).

Entrance Hallway - Stairs to the first floor, carpeted floor, radiator.

Bedroom One - Double-glazed bay window to front, built-in cupboard, carpeted floor, radiator.

Lounge - Doube glazed window to rear, carpeted floor, radiator.

Kitchen/Diner - Double-glazed windows to the side and rear, range of matching wall and base units, stainless steel sink, cupboard housing Worcester gas boiler, washing machine and fridge/freezer, table and chairs, four plates electric hob and oven, extractor hood, vinyl flooring, radiator, door to the garden.

First Floor Landing - Cupboard housing water cylinder

Bedroom Two - Double-glazed window to front, built-in desk, carpeted floor, radiator.

Bedroom Three - Double glazed window to rear, built-in desk, carpeted floor, radiator.

Bedroom Four - Double-glazed window to rear, built-in desk, carpeted floor, radiator, access to the loft.

Bathroom - Panelled bath with Mira electric shower, wash hand basin, radiator, extractor fan, vinyl flooring, W.C.

Outside - Spacious rear yard and patio area,

Investment Information - The property is currently let to four students for the current academic year 2022/2023 with an annual gross income of £11,136.00 including bills).
The property is also let out for the next academic year 2023/2024 with an annual gross income of £11,368.00 including bills).
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 does not require a HMO license at this time.
Council Tax Band ( B )£1678.14
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition report).