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£240,000

Coulston Road, Lancaster, LA1

  • 4 beds
Other

£240,000

  • 4 beds
Other
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Estimate monthly mortgage payment:

£1,096 per month

Minimum deposit amount:

£12,000
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Location

Coulston Road in Lancaster is a vibrant residential area known for its charming period homes and close-knit community. The location offers convenient access to local amenities, schools, and public transport, making it a popular choice for families and students alike. Its welcoming atmosphere and proximity to Lancaster city center enhance its appeal.

Property description

This 3-bedroom stone-built period home, owned by the current proprietor for approximately 10 years, is currently leased through LUSU as a 4-bedroom student residence. With tenants already secured for the 2024/2025 academic year, it offers a steady rental income. The property features modern amenities, including UPVC double glazing, gas safety checks, an Electrical Installation Condition Report (EICR), and a valid HMO licence.

The ground floor comprises two reception rooms, with the bay-fronted lounge serving as the fourth bedroom. The galley-style kitchen is equipped with sleek white high-gloss units and includes a convenient store room. On the first floor, there are three additional bedrooms and a bathroom. To the rear, a private yard provides outdoor space. This home combines period charm with practical features, making it an ideal investment property.

Additional information

  • Council Tax band B

  • uPVC double glazing

  • Gas central heating

  • Investment opportunity

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£1,096 per month
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Mortgage and legal costs:
£999
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