£215,000
Railway Street, Lancaster, LA1
- 4 beds
£215,000
- 4 beds
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INVESTMENT OPPORTUNITY INCOME-GENERATING STUDENT PROPERTY
4 Letting Bedrooms Excellent Rental History Close to Lancaster City Centre
A well-presented and fully furnished student property, ideally located within easy walking distance of Lancaster s city centre. Residents benefit from quick access to universities, gyms, shops, restaurants, health services, and a vibrant nightlife making this a consistently popular choice for student tenants.
Let for the 2024/2025 academic year to two tenants at ?110 per person per week (48 weeks), the property currently generates a gross income of ?10,560 per annum.
Looking ahead, the property is advertised for the 2025/2026 academic year at a full occupancy rate of 4 tenants at ?110pppw (48 weeks), offering a potential gross income of ?21,120 per annum.
Additional benefits:
Sold fully furnished (excluding tenants personal items)
Gas Safety Certificate in place
New EICR (Electrical Installation Condition Report)
Excellent investment potential with scope to increase income
This is a fantastic opportunity to secure a reliable, income-generating property in a sought-after student area.
?? Contact us today for more details or to arrange a viewing!
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