Stirling Road, Lancaster, LA1

*** INCOME-PRODUCING STUDENT PROPERTY*** ***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 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 4 x ?120.00 PPW x 48 (per person per week) offering an annual gross income of ?23,040

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

Stairs to the first floor.

Bedroom One

Double-glazed window to the front, built-in cupboard housing gas & electric meters, door to the en-suite.

En-Suite Shower Room

Shower cubicle with thermostatic shower, wash hand basin, heated towel rail, vinyl floor, extractor fan, W.C.

Lounge/Diner

Double-glazed window to the rear, understairs storage cupboard, table and chairs, radiator, carpeted floor.

Kitchen

Double-glazed window to the rear, range of matching wall and base units, four-ring gas hob and extractor hood, electric oven, washing machine, combi boiler, vinyl floor, radiator.

First Floor Landing

Access to the loft.

Bedroom Two

Double-glazed window to the rear, carpeted floor, radiator.

Bedroom Three

Double-glazed window to the rear, carpeted floor, radiator.

Bedroom Four

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

Shower Room

Shower cubicle with thermostatic shower, wash hand basin, heated towel rail, vinyl floor, extractor fan, W.C.

Yard

Stone storage shed, gate to access road.

Investment Information

This property is let for this 2023/2024 academic year at 4 x ?120.00 PPW x 48 (per person per week) offering an annual gross income of ?23,040The 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 ?24,960The 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