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8 bedroom end of terrace house for sale
South Road, Lancaster LA1
£325,000
South Road, Lancaster LA1
£325,000
Our Summary
- The building is in need of modernisation and offers a huge potential for investors in a prime location
Description
This large end-terrace property has been converted into seven residential units, including six bedsit flats and a two-bedroom apartment in the basement with access to a private garden and rear parking for four vehicles. The property is currently occupied by five tenants, with four of the bedsit flats and the two-bedroom apartment already rented out, generating an estimated yearly turnover of £18,000. The property requires modernization and presents a significant investment opportunity in a prime location, with easy access to Lancaster Royal Infirmary, the city center, and public transportation.