8 bedroom terraced house for sale

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8 bedroom terraced house for sale

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 various amenities. The property has a excellent letting history and offers a gross annual income of £47,616 from 8 bedrooms. The property is currently let for the 2023/2024 academic year, but is not currently let for the 2024/2025 academic year, providing an opportunity for a new owner to secure a long-term tenant. The property is sold with furniture and white goods included, except for the tenant's personal belongings. It also has a valid HMO license and current landlord's gas safety certificates. The property is a great investment opportunity for those looking to diversify their portfolio or acquire a ready-made investment property with potential for rental income or future appreciation.
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