Sponsored Get a Survey — free quotes via ReallyMoving
Property
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Our Summary
- Long-term investment potential
- 00 annual income (48 weeks) The portfolio has potential to generate income of approximately £121,344 for 2026-2027 accidemic year (6/7 currently have agreements in place for 2026/2027 academic year) providing an established income stream within Lancaster's strong student accommodation market
- 79%, highlighting the strength of the investment opportunity
- There is also potential for an investor to further improve returns through a strategic restructuring of the portfolio, including the option to sell selected smaller properties individually to residential purchasers
Get alerted when similar properties are listed — Subscribe
Description
The portfolio comprises seven HMO student properties located in Lancaster city centre. The properties are traditional terraced houses, adaptated for student accommodation, with modern kitchens and bathrooms. They are situated on Aberdeen Road, Adelphi Street, Prospect Street, and Ridge Street, and are surrounded by similar HMO accommodations and amenities such as shops, supermarkets, cafes, and leisure facilities.
The properties offer a combined annual rental income of approximately £121,344, with six of the seven properties currently let through to the end of the 2027 academic year, and the seventh property undergoing improvement works. The properties feature a mix of 1-5 bedrooms, with a total of 19 bedrooms, and have a good standard of maintenance. External spaces are available across the portfolio, and utilities are connected and generally included in the rent.
The properties have EPC ratings ranging from D to E.