£210,000
Prospect Street, Lancaster, LA1
- 3 beds
£210,000
- 3 beds
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
*** INCOME-PRODUCING STUDENT PROPERTY*** ***PERFECT LOCATION*** LET TO 3 STUDENTS FOR 2023/2024 AND LET AGREED FOR THE 2024/2025 ACADEMIC YEAR **** GREAT INVESTMENT *** CLOSE TO CITY CENTRE *** EXCELLENT LOCAL AMENITIES ***
Superb opportunity to purchase an income-producing investment property located within easy reach of Lancaster city centre, bus links to universities and all of its amenities.
This well-appointed mid-terraced property is deceptively spacious and located in the ever-popular area of South Lancaster and is within easy reach of both Lancaster University (by bus) and The University of Cumbria. The city centre is also just a 5 minute walk away with good amenities and a great choice of bars and restaurants.
This property is let for this 2023/2024 academic year at 3 x ?120.00 PPW x 48 (per person per week) with an annual gross income of ?17,280
The property is also let for the next 2024/2025 academic year at 3 x ?130.00 PPW x 48 (per person per week) with an annual gross income of ?18,720
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).
A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).
Entrance Vestubule
Door to the lounge.
Lounge/Diner
Double-glazed window to the front, fireplace with inset coal effect gas fire, laminate floor, radiator, cupboard housing gas & electric meters.
Kitchen
Double-glazed window to the rear, stairs to the first floor, range of matching wall and base units, fridge/freezer, washing machine and dryer, free-standing gas cooker, stainless steel sink, under stairs storage cupboard, tiled floor, radiator, door to the yard.
First Floor Landing
Stairs to the first Floor.
Bathroom
Double glazed frosted window to the rear, panelled bath, shower cubicle with electric shower, wash hand basin, vinyl floor, extractor fan, radiator, W.C.
Bedroom One
Double-glazed window to the front, carpeted floor, radaitor.
Second Floor Landing
Bedroom Two
Double-glazed Velux window, carpeted floor, radiator.
Bedroom Three
Secondary glazed window to the front, carpeted floor, radiator.
Rear Yard,
Patio area, gate to access road.
Investment Information
This property is let for this 2023/2024 academic year at 3 x ?120.00 PPW x 48 (per person per week) offering an annual gross income of ?17,280The property is also let for the next 2024/2025 academic year at 3 x ?130.00 PPW x 48 (per person per week) offering an annual gross income of ?18,720The 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).A current landlord's gas safety certificates are in place along with EICR (electrical installation condition reports).Tenure FreeholdCouncil Tax Band (A ) ?1505.37
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worthCheck instantly an estimated value of your homeFind the best
local agentCompare local estate agents based on their performanceGet an Instant
cash offerGet a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
![family](/static/static/img/create-account@2x.png)
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.