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Blades Street, Lancaster 8 bed terraced house for sale
Blades Street, Lancaster
£450,000
Blades Street, Lancaster
£450,000
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 HMO student property is located in the heart of Lancaster city centre, within walking distance of all amenities. The property has eight bedrooms, two bathrooms, and three WC, and is currently let for the 2024/2025 and 2025/2026 academic years, generating an annual gross income of £28,800 and £46,080, respectively. The property is sold with furniture and white goods included, except for the tenants' personal belongings. It has a valid HMO license and current landlord's gas safety certificates and EICR reports. The property is part of a portfolio of four properties that can be sold together, offering unique advantages for investors looking to diversify their holdings and spread risk across multiple assets.