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£150,000

Graham Street, Lancaster, LA1

  • 2 beds
Semi-detached house
Under offer/SSTC

£150,000

  • 2 beds
Semi-detached house
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Estimate monthly mortgage payment:

£685 per month

Minimum deposit amount:

£7,500
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The location

Welcome to Graham Street, tucked away in the popular Greaves Area of South Lancaster. It has a great location, not far from the hospital and the University of Cumbria. In Greaves, you'll find excellent amenities with a parade of shops including a large convenience store. Local transport links are excellent with regular buses passing on the A6 every 20 minutes. You can walk into the city in under 15 minutes.

The property overview

Graham Street is 2 two-bedroom terraced house in an excellent location, south of the city.

Featuring 2 double bedrooms and 2 reception rooms, cleverly separated by the staircase to create a semi open-plan living space, this property is an excellent investment.

The galley-style kitchen is fitted with basic white units, whilst the living areas are surprisingly spacious. A first-floor 3-piece bathroom provides convenience and functionality for the students that reside here.

This investment property is in an excellent location just a 10-minute walk from the hospital and University of Cumbria, and is ideally located for the student market with two universities close by. Investors will appreciate the opportunity presented, as the property is let out for the upcoming academic year, ensuring a gross income of £12,960.

With a south-facing rear yard, this property has always let well. Don't miss the chance to own this attractive property in a prime location with fantastic income potential.

Extra Useful Infomation

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£685 per month
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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