£175,000
Graham Street, Lancaster, LA1
- 3 beds
£175,000
- 3 beds
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***INCOME PRODUCING STUDENT INVESTMENT PROPERTY*** ***3 BEDROOMS *** 1 SHOWER ROOM*** ***NO CHAIN*** SET OVER TWO FLOORS *** WITHIN WALKING DISTANCE TO THE CITY CENTRE *** EXCELLENT LETTING HISTORY ***
Currently Let for this academic year 2023/2024, Gross income is ?16,992.00 including bills.
Also, let for the next academic year 2024/2025 Gross income is ?17,712.00 including bills.
Mighty House is pleased to present to you an excellent investment opportunity in the popular student area of South Lancaster.
The property is easily within walking distance of Lancaster City Centre and all of its amenities, with good bus routes to the universities.
With an excellent track record of letting history, this is a future-proof investment, that will continue to let well for years to come.
Currently, let for the 2023/2024 academic year with an annual gross income of ?16,992.00. The annual gross income for the 2024/20225 academic year is ?17,712.00 (?123.00 per person per week x 3 on a 48-week Assured Short Hold Tenancy Agreement).
The accommodation comprises an entrance vestibule, lounge, dining room and kitchen. The first floor has two of the bedrooms, with the second floor having a further bedroom and a shower room. Outside rear yard with patio area.
The property is sold with furniture and white goods included in the sale with the exception of the tenant's personal belongings (such as any furniture they may have brought to the property).
Entrance Vestibule
Door to lounge
Lounge
Double-glazed window to the front, built-in cupboards housing the gas & electric meters, laminate floor, radiator.
Inner Hallway
Stairs to the first floor.
Dining Room
Double-glazed window to the rear, understairs storage, laminate floor, radiator.
Kitchen
Double-glazed window to the side, range of matching wall and base units with complimentary work surfaces, stainless steel sink, washing machine, fridge/freezer, four-plate electric hob, extractor hood and electric oven, tiled floor, door to the rear yard.
First Floor Landing
Stairs to the second floor, radiator.
Bedroom One
Double-glazed window, carpeted floor, radiator.
Bedroom Two
Double-glazed window, carpeted floor, radiator, built-in storage cupboard.
Second Floor
Carpeted floor.
Bedroom Three
Double-glazed velux window, laminate floor, radiator.
Shower Room
Double glazed velux window, shower cubicle with thermostatic shower, wash hand basin, extractor fan, laminate floor, radiator, W.C.
Outside
Rear yard with patio area and gate to access road.
Useful Information
Tenure FreeholdCouncil Tax Band (A ) ?1505.37 New carpets for stairs, landings and bedrooms have also been laid.
Investment Information
Tenure FreeholdLet for this academic year 2023/2024, Gross income is ?16,992.00 including bills.Also, let for the next academic year 2024/2025 Gross income is ?17,712.00 including bills.Council Tax Band ( A) ?1505.37The property is sold with furniture and white goods included in the sale with the exception of the tenant's personal belongings (such as any furniture they may have brought to the property).
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£175,000
3 bed house for sale
Graham Street, Lancaster, LA1
***INCOME PRODUCING STUDENT INVESTMENT PROPERTY*** ***3 BEDROOMS *** 1 SHOWER ROOM*** ***NO CHAIN*** SET OVER TWO FLOORS *** WITHIN WALKING DISTANCE TO THE CITY CENTRE *** EXCELLENT LETTING HISTORY ***
Currently Let for this academic year 2023/2024, Gross income is ?16,992.00 including bills.
Also, let for the next academic year 2024/2025 Gross income is ?17,712.00 including bills.
Mighty House is pleased to present to you an excellent investment opportunity in the popular student area of South Lancaster.
The property is easily within walking distance of Lancaster City Centre and all of its amenities, with good bus routes to the universities.
With an excellent track record of letting history, this is a future-proof investment, that will continue to let well for years to come.
Currently, let for the 2023/2024 academic year with an annual gross income of ?16,992.00. The annual gross income for the 2024/20225 academic year is ?17,712.00 (?123.00 per person per week x 3 on a 48-week Assured Short Hold Tenancy Agreement).
The accommodation comprises an entrance vestibule, lounge, dining room and kitchen. The first floor has two of the bedrooms, with the second floor having a further bedroom and a shower room. Outside rear yard with patio area.
The property is sold with furniture and white goods included in the sale with the exception of the tenant's personal belongings (such as any furniture they may have brought to the property).
Entrance Vestibule
Door to lounge
Lounge
Double-glazed window to the front, built-in cupboards housing the gas & electric meters, laminate floor, radiator.
Inner Hallway
Stairs to the first floor.
Dining Room
Double-glazed window to the rear, understairs storage, laminate floor, radiator.
Kitchen
Double-glazed window to the side, range of matching wall and base units with complimentary work surfaces, stainless steel sink, washing machine, fridge/freezer, four-plate electric hob, extractor hood and electric oven, tiled floor, door to the rear yard.
First Floor Landing
Stairs to the second floor, radiator.
Bedroom One
Double-glazed window, carpeted floor, radiator.
Bedroom Two
Double-glazed window, carpeted floor, radiator, built-in storage cupboard.
Second Floor
Carpeted floor.
Bedroom Three
Double-glazed velux window, laminate floor, radiator.
Shower Room
Double glazed velux window, shower cubicle with thermostatic shower, wash hand basin, extractor fan, laminate floor, radiator, W.C.
Outside
Rear yard with patio area and gate to access road.
Useful Information
Tenure FreeholdCouncil Tax Band (A ) ?1505.37 New carpets for stairs, landings and bedrooms have also been laid.
Investment Information
Tenure FreeholdLet for this academic year 2023/2024, Gross income is ?16,992.00 including bills.Also, let for the next academic year 2024/2025 Gross income is ?17,712.00 including bills.Council Tax Band ( A) ?1505.37The property is sold with furniture and white goods included in the sale with the exception of the tenant's personal belongings (such as any furniture they may have brought to the property).