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£229,950

Golgotha Road, Lancaster, LA1

  • 3 beds
Terraced house

£229,950

  • 3 beds
Terraced house
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Estimate monthly mortgage payment:

£1,050 per month

Minimum deposit amount:

£11,498
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*** STUDENT HMO *** INCOME PRODUCING PROPERTY *** LET FOR 2022/2023/ ACADEMIC YEAR *** THREE BEDROOMS *** TWO BATHS *** WITHIN WALKING DISTANCE TO THE CITY CENTRE *** BUS ROUTES TO THE UNIVERSITIES *** FUTURE PROOF INVESTMENT *** POPULAR AREA OF BOWERHAM ***



Three-bedroom terraced property set over four floors in the Popular area of Bowerham with excellent local amenities and bus good routes to the universities.


Income producing HMO LET FOR 2022/2023/ ACADEMIC YEAR

?128 per week per student, bills included. 3X 48 weeks giving a gross yearly income of ?18,432.00
The property is being sold including furniture and white goods (with the exception of the tenant's personal belongings).
The new owner will also inherit the tenants, which are managed through Mighty Student Living (please call us to discuss the terms of the management contracts and charges).

Accommodation :
Lounge, dining room, cellar and kitchen. The first floor has bedroom one, a bathroom and a shower room. The second floor has two further bedrooms. Outside has a spacious yard and storage shed.

Entrance Hallway

Carpeted floor, radiator.

Lounge

Double glazed bay window to front, carpeted flor, radiator.

Dining Room

Double-glazed window to rear, stairs to the first floor, carpeted floor, fridge/freezer, door to cellar.

Cellar

1.72 ceiling height. Gas and electric meters.

Kitchen

Double-glazed window to side, range of matching wall and base units, four ring gas hob, electric oven and extractor hood, stainless steel sink, tiled floor, washing machine, radiator, door to yard.

First Floor Landing

Stairs to the second floor.

Bedroom One

Double-glazed window to front, two radiators, carpeted floor.

Bathroom

Panelled bath with shower attachment, vanity unit with inset wash hand basin, tiled floor, extractor fan, heated towel rail, combi boiler W.C.

Shower Room

Double glazed frosted window to rear, shower cubicle with thermostatic shower, vanity unit with inset wash hand basin, tiled floor, heated towel rail, W.C.

Second Floor Landing

Bedroom Two

Double glazed window to rear, carpeted floor, radiator.

Bedroom Three

Double-glazed window to front, carpeted floor, radiator. walk-in wardrobe.

Rear Yard

Spacious yard with gate to access road and storage shed.

Investment Information

Tenure FreeholdCouncil Tax Band (B ) ?1678.14Income producing HMO LET FOR 2022/2023/ ACADEMIC YEAR ?128 per week per student, bills included. 48 weeks gross yearly income of ?18,432.00The property is being sold including furniture and white goods (with the exception of the tenant's personal belongings).The property has currently gas safety certification in place along with a valid EICR certificate.

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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Property details

£229,950

3 bed house for sale

Golgotha Road, Lancaster, LA1

*** STUDENT HMO *** INCOME PRODUCING PROPERTY *** LET FOR 2022/2023/ ACADEMIC YEAR *** THREE BEDROOMS *** TWO BATHS *** WITHIN WALKING DISTANCE TO THE CITY CENTRE *** BUS ROUTES TO THE UNIVERSITIES *** FUTURE PROOF INVESTMENT *** POPULAR AREA OF BOWERHAM ***



Three-bedroom terraced property set over four floors in the Popular area of Bowerham with excellent local amenities and bus good routes to the universities.


Income producing HMO LET FOR 2022/2023/ ACADEMIC YEAR

?128 per week per student, bills included. 3X 48 weeks giving a gross yearly income of ?18,432.00
The property is being sold including furniture and white goods (with the exception of the tenant's personal belongings).
The new owner will also inherit the tenants, which are managed through Mighty Student Living (please call us to discuss the terms of the management contracts and charges).

Accommodation :
Lounge, dining room, cellar and kitchen. The first floor has bedroom one, a bathroom and a shower room. The second floor has two further bedrooms. Outside has a spacious yard and storage shed.

Entrance Hallway

Carpeted floor, radiator.

Lounge

Double glazed bay window to front, carpeted flor, radiator.

Dining Room

Double-glazed window to rear, stairs to the first floor, carpeted floor, fridge/freezer, door to cellar.

Cellar

1.72 ceiling height. Gas and electric meters.

Kitchen

Double-glazed window to side, range of matching wall and base units, four ring gas hob, electric oven and extractor hood, stainless steel sink, tiled floor, washing machine, radiator, door to yard.

First Floor Landing

Stairs to the second floor.

Bedroom One

Double-glazed window to front, two radiators, carpeted floor.

Bathroom

Panelled bath with shower attachment, vanity unit with inset wash hand basin, tiled floor, extractor fan, heated towel rail, combi boiler W.C.

Shower Room

Double glazed frosted window to rear, shower cubicle with thermostatic shower, vanity unit with inset wash hand basin, tiled floor, heated towel rail, W.C.

Second Floor Landing

Bedroom Two

Double glazed window to rear, carpeted floor, radiator.

Bedroom Three

Double-glazed window to front, carpeted floor, radiator. walk-in wardrobe.

Rear Yard

Spacious yard with gate to access road and storage shed.

Investment Information

Tenure FreeholdCouncil Tax Band (B ) ?1678.14Income producing HMO LET FOR 2022/2023/ ACADEMIC YEAR ?128 per week per student, bills included. 48 weeks gross yearly income of ?18,432.00The property is being sold including furniture and white goods (with the exception of the tenant's personal belongings).The property has currently gas safety certification in place along with a valid EICR certificate.