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2 bedroom terraced house for sale
Elgin Street, Lancaster LA1
£139,950
Elgin Street, Lancaster LA1
£139,950
Our Summary
- **Excellent investment opportunity - currently let to students**
Description
This is an excellent investment opportunity, currently let to students, with a gross rental income of £10,272 for the 2024/25 academic year. The property is a well-presented, two double bedroom mid-terrace house located close to Lancaster City centre, bus routes, M6 motorway, and mainline railway station. The accommodation features a front entrance, vestibule, lounge, kitchen diner, utility room, staircase, and first-floor landing, with two double bedrooms and a bathroom/wc. The property is fully uPVC double glazed and gas central heated, with a low-maintenance enclosed rear yard. The current tenancy agreement runs until July 2025, providing a stable and predictable income stream for investors.