We'll find your next home

£225,000

Bowerham Road, Lancaster, LA1

  • 4 beds
Terraced house

£225,000

  • 4 beds
Terraced house
Get Buyer Passport

Get a privileged access with Buyer Passport

  • Instantly access new properties
  • Access off-market properties
  • Stand out from other buyers
Buy with a mortgage
Buildings icon

Estimate monthly mortgage payment:

£1,027 per month

Minimum deposit amount:

£11,250
  • Share iconShare
OneDome - Properties for sale and to rent

Get a privileged access with Buyer Passport

  • Instantly access new properties
  • Access off-market properties
  • Stand out from other buyers

*** CLOSE TO CITY CENTRE*** ***INCOME PRODUCING STUDENT HMO*** ***EXCELLENT LETTING HISTORY*** ***4 BED ***1 BATH ** * 2 WC *** FOOL PROOF INVESTMENT *** POPULAR AREA *** EXCELLENT LOCAL AMENITIES ****

This property has the possibility of being sold as part of a portfolio with three other properties which offer some unique advantages for potential buyers. This portfolio will appeal to investors looking to diversify their holdings and spread risk across multiple assets. It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation.

Superb opportunity to purchase an income-producing investment property set in the popular area of Bowerham and close to the heart of Lancaster city centre

The property rests within walking distance of all of the amenities Lancaster has to offer including gyms, pubs, clubs, shops, eateries, health services and much more!

The property is let for this academic year 2023/2024 ?113 X 3 PPW (per person per week) ?108 x 1 which will bring in an annual gross income of ?21,456 Bills included.

The property is not presently let for the next academic year 2024/2025
With an excellent track record of letting history, this really is a future-proof investment, that will continue to let well for years to come.
The property has 5 bedrooms with 1 bathroom and 2 W.C
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).

Download brochure

Mortgage calculator

Find out the cost of a mortgage for your new home.

£1,027 per month
Your repayment term
Please be aware, your results are only an estimate and should not be considered as a mortgage quote.

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
  • Mortgage advice and application
  • Conveyancing fee
  • Homebuyer protection insurance
Learn more
OneDome trustpilot ratingOneDome trustpilot ratingTrustpilot
Rated excellent

Do you have property to sell or part exchange?

How can we help you today?

  • Find out what your
    home is worth
    case
    Check instantly an estimated value of your home
  • Find the best
    local agent
    guides
    Compare local estate agents based on their performance
  • Get an Instant
    cash offer
    house
    Get a cash offer for your property in under 48 hours

Area highlights

We’ve gathered data on the property locations to help you get-to-know the local area.

Things you should know

Some useful things about this property we think you should know

Bell icon

Be the first to see the newest properties

Create an alert and we'll email you the latest properties that come to market which match your requirements.