>
7 bedroom house for sale
Greaves Road, Lancaster
£330,000
Greaves Road, Lancaster
£330,000
Our Summary
- To be sold by modern method of auction with Iamsold auctions
- An exciting development and investment opportunity
- Planning permission has been granted for the ground floor and lower ground floor conversion to 4 studio apartments
- Planning Application Reference: 22/00198/FUL
- This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
Description
This property, located on Greaves Road in Lancaster, offers an exciting development and investment opportunity. Planning permission has been granted to convert the ground and lower ground floors into four studio apartments, while the upper floor already has a three-bedroom HMO apartment. The property benefits from a popular location, with bus stops nearby and frequent services to Lancaster University and the city center. Estimated rents for the studio apartments range from £200 to £240 per week, while the HMO apartment's three rooms have been let out for around £105 per room per week. The property is being sold through the Modern Method of Auction, with a reservation period of 56 days for the buyer and seller to complete the sale.