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5 bed property, in Gressingham Drive, £270,000
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5 bed semi-detached house

Gressingham Drive, Lancaster, Lancashire LA1
£270,000
-19.4%

Price History

Initial price £335,000
Mar 3, 2026 £300,000
May 19, 2026 £270,000
Price Change -19.4%

Our Summary

  • Five-bedroom student HMO – strong investment opportunity Key Features Offered with no onward chain Licensed student HMO Income-producing investment Five well-proportioned bedrooms Two bathrooms Garden to the rear Well maintained throughout Reliable and proven rental performance Excellent local bus routes Close to local amenities Description An excellent opportunity to acquire a fully licensed, income-producing student HMO, ideally positioned within easy reach of Lancaster city centre, local amenities and regular bus routes serving the universities
  • Viewing is highly recommended to fully appreciate the size and potential of this property

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Description

The property is a five-bedroom student HMO with two bathrooms and a garden to the rear. It has a ground-floor entrance hallway, a communal lounge, a kitchen/diner fitted with a range of units and integrated appliances, and a utility room. There is also a modern ground-floor shower room and five first-floor bedrooms, three of which are suitable for student occupation.

Externally, the property benefits from a rear garden, and it holds a valid HMO licence, although a new owner will be required to apply for their own licence.