Cavendish Street, Lancaster 3 bed terraced house for sale

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Cavendish Street, Lancaster 3 bed terraced house for sale

Cavendish Street, Lancaster
£190,000

Our Summary

  • There may also be potential to add further letting bedrooms utilising the loft space or cellar room subject to any permissions

Description

This is an income-producing investment property located in Lancaster, a 10-minute walk from the city center. The property is currently let to three students for the 2024/2025 academic year, generating an annual gross income of £17,107.20. The property features three bedrooms, a lounge/diner, kitchen, and a cellar/utility room. The first floor has two additional double bedrooms and a bathroom. The property is sold with furniture and white goods included, except for the tenants' personal belongings. The property does not require a HMO license at this time, and current landlord's gas safety certificates and EICR reports are in place. The area offers easy access to Lancaster city center, with its amenities, shopping, and transport links. This presents a fantastic opportunity for investors or parents to secure quality accommodation for their children attending university in Lancaster.
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