8 bedroom terraced house for sale

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8 bedroom terraced house for sale

Cable Street, Lancaster
£420,000

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 is currently let for the 2024/2025 academic year at £48,000 per annum. The property features eight bedrooms, three bathrooms, and a lounge/diner, kitchen, and storage cupboards. It is sold with furniture and white goods included, except for the tenant's personal belongings. The property has a valid HMO license and current landlord's gas safety certificates and EICR reports are in place. This property offers a unique opportunity for investors to diversify their holdings and spread risk across multiple assets, or for buyers to acquire a ready-made investment portfolio with potential for rental income or future appreciation.