House For Sale £250,000
Havelock Street, Lancaster

*INCOME PRODUCING STUDENT HMO* *PERFECT LOCATION* LET TO 4 STUDENTS FOR 2023/2024 AND LET AGREED FOR THE 2024/2025 ACADEMIC YEAR * GREAT INVESTMENT * CLOSE TO CITY CENTRE * EXCELLENT LOCAL AMENITIES *


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.


This well-appointed mid-terraced property is deceptively spacious and located in the ever-popular Bowerham area of Lancaster and is within easy reach of both Lancaster University (by bus) and The University of Cumbria. The city centre is also just an 8-10 minute walk away with good amenities and a great choice of bars and restaurants.

This property is let for this 2023/2024 academic year at 4 x £117.00 PPW x 48 (per person per week) offering an annual gross income of £22,464

The property is also let for the next 2024/2025 academic year at 4 x £130.00 PPW x 48 (per person per week) offering an annual gross income of £24,960

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).

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

Entrance Hallway - Tiled floor, stairs to the first floor.

Bedroom One - Double-glazed window to the front, laminate floor, radiator.

Lounge/Diner - Double-glazed window to the rear, wood surround fireplace with inset gas fire, built-in storage cupboard, laminate floor, radiator.

Kitchen - Double-glazed window to the rear, range of matching wall and base units, stainless steel sink, washing machine, four plate electric hob and extractor hood, electric oven and grill, door to the yard, fridge/freezer, cupboard housing Vaillant combi boiler, tiled floor.

First Floor Landing -

Bedroom Two - Double-glazed window to the rear, built-in wardrobes, carpeted floor, radiator.

Bedroom Three - Double-glazed window to the front, carpeted floor, radiator.

Bedroom Four - Double-glazed window to the front, carpeted floor, radiator.

Bathroom - Double-glazed frosted window to the side, panelled bath, double shower cubicle with Mira electric shower, tiled floor, radiator, extractor fan, access to the loft.

Investment Information - This property is let for this 2023/2024 academic year at 4 x £117.00 PPW x 48 (per person per week) offering an annual gross income of £22,464

The property is also let for the next 2024/2025 academic year at 4 x £130.00 PPW x 48 (per person per week) offering an annual gross income of £24,960

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).

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

Tenure Freehold
Council Tax Band (B ) £1756.26