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Salisbury Road, Lancaster 5 bed end of terrace house for sale
Salisbury Road, Lancaster
£265,000
Salisbury Road, Lancaster
£265,000
Our Summary
- Investment Opportunity: Five-Bedroom Income-Producing Property Set Over Three FloorsA well-presented five-bedroom property currently let to five professionals on an initial six-month contract, rolling monthly thereafter
- A spacious room with room for an en-suite if needed, subject to any necessary planning
Description
This five-bedroom property in Lancaster is an investment opportunity that offers immediate income generation. The property is currently let to five professionals on a rolling monthly contract, with a consistent letting history over the past 20 years. The annual gross income is £33,000, with all utilities included. The property is well-presented and located within walking distance of the city centre, with easy access to canal-side walks and the train station. The property comes with furniture and white goods included, except for the tenant's personal belongings, and has a valid HMO license and current landlord's gas safety certificates. The property is available for freehold purchase and has no chain.