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Moor Street 6 bed end of terrace house for sale
Moor Street
£475,000
Moor Street
£475,000
Our Summary
- This versatile freehold property offers generous and adaptable accommodation with multiple rooms, suitable for a wide range of business uses, including retail, office, studio, or service-based operations (subject to any necessary planning permissions)
- With two adjoining units being sold together, this property offers excellent scope for redevelopment, owner-occupation, or rental investment
- It is not currently let for the 2025/26 academic year but has the potential to achieve a gross annual income of £15,840 (based on 3 students x 48 weeks)
- EXCITING INVESTMENT OPPORTUNITY
- Exciting investment opportunity
- VIEWING ESSENTIAL TO APPRECIATE THE POTENTIAL
- Viewing essential to appreciate the potential
Description
This portfolio of four properties, situated in Lancaster city centre, offers a rare opportunity for investors to diversify their holdings and spread risk across multiple assets. The properties include a proven income-generating student property at 2 Moor Street, which is currently let for £22,320 per year, and another student property at 5 Moor Street with potential to generate £15,840 per year. Additionally, the portfolio includes a spacious, double-fronted ground-floor shop and showroom at 3 & 4 Moor Street, which offers versatile accommodation suitable for various business uses and has redevelopment potential. With a strong letting history and consistent demand, this portfolio provides an attractive investment opportunity with immediate rental income potential and excellent prospects for future appreciation.