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£140,000

Dunkeld Street, Lancaster, LA1

  • 2 beds
Terraced house

£140,000

  • 2 beds
Terraced house
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Estimate monthly mortgage payment:

£639 per month

Minimum deposit amount:

£7,000
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*** INCOME-PRODUCING STUDENT PROPERTY*** ***PERFECT LOCATION*** LET TO 2 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 area of South Lancaster and is within easy reach of both Lancaster University (by bus) and The University of Cumbria. The city centre is also just a 5 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 2 x ?102 PPW x 48 (per person per week) offering an annual gross income of ?9,792. (Not Including Bills).

The property is also let for the next 2024/2025 academic year at 2 x ?152 PPW x 48 (per person per week) with an annual gross income of ?14,592. (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).


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

Laminate floor.

Bathroom

Double-glazed window to the front, panelled bath with thermostatic shower, vanity unit with inset wash hand basin and storage, cupboard housing gas & electric meters, tiled floor, radiator, extractor fan, W.C.

Kitchen

Range of matching wall and base units, composite sink, four plate electric hob and oven, extractor hood, fridge/freezer, washing machine. tiled floor.

Lounge

Double-glazed window and door to the rear, stairs to the first floor, laminate floor, radiator.

First Floor Landing

Built-in storage cupboard.

Bedroom One

Double-glazed window to the rear, cupboard housing combi boiler, carpeted floor, radiator.

Bedroom Two

Double-glazed window to the front, carpeted floor, radiator, access to the loft.

Rear Yard

Patio area an gate to access road.

Investment Information

This property is let for this 2023/2024 academic year at 2 x ?102 PPW x 48 (per person per week) offering an annual gross income of ?9,792. (Not Including Bills).The property is also let for the next 2024/2025 academic year at 2 x ?152 PPW x 48 (per person per week) with an annual gross income of ?14,592. (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).A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).Tenure FreeholdCouncil Tax Band (A ) ?1505.37

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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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