Sibsey Street, Lancaster 1 bed terraced house for sale

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Sibsey Street, Lancaster 1 bed terraced house for sale

Sibsey Street, Lancaster
£99,950

Our Summary

  • *Excellent investment opportunity - currently let to a student*Well presented, stone fronted, one double bedroom mid terraced house situated close to Lancaster City centre amenities, bus routes, M6 motorway and mainline railway station

Description

This is an excellent investment opportunity, currently let to a student, in a well-presented, stone-fronted, one-bedroom mid-terrace house located near Lancaster City Centre, bus routes, M6 motorway, and mainline railway station. The property is fully uPVC double glazed and gas central heated, with a "Worcester" gas combination boiler. The accommodation comprises a front entrance, vestibule, lounge/diner, kitchen, bathroom, staircase, and bedroom, with a low-maintenance enclosed rear yard. The property is currently let to a student from 2024 to 2025, generating a gross rental income of £9,780 for the academic year. The property is situated in an ideal location for the student rental market, encompassing both the University of Cumbria and Lancaster University.