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3 bedroom semi-detached house for sale
Palatine Avenue, Lancaster
£265,000
Palatine Avenue, Lancaster
£265,000
Our Summary
- It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation
Description
This income-producing property in Bowerham, Lancaster, offers a superb opportunity for investors to diversify their holdings and spread risk across multiple assets. The property is part of a portfolio of four properties, which can be sold together, providing a ready-made investment portfolio with potential for rental income or future appreciation. Situated within walking distance of Lancaster city centre, the property is close to a range of amenities, including gyms, pubs, restaurants, shops, and health services. The property is currently let for the 2024/2025 and 2025/2026 academic years, generating an annual gross income of £18,000, with bills included. With an excellent track record of letting history, this property presents a promising investment opportunity for those looking to generate passive income.