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Graham Street, Lancaster

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • NO CHAIN
  • INCOME PRODUCING STUDENT PROPERTY
  • CURRENTLY LET FOR THIS ACADEMIC YEAR 2023/2024 GROSS INCOME £ £16,992.00
  • ALSO LET FOR THE NEXT ACADEMIC YEAR 2024/2025 GROSS INCOME ££17,712.00
  • POPULAR STUDENT LOCATION
  • WITHIN WALKING DISTANCE TO THE CITY CENTRE
  • FUTURE PROOF INVESTMENT
  • THREE BEDROOMS SET OVER TWO FLOORS
  • GOOD BUS ROUTES TO THE UNIVERSITIES
  • EXCELLENT LOCAL AMENITIES

Description

***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 Freehold
Council Tax Band (A ) £1505.37
New carpets for stairs, landings and bedrooms have also been laid.

Investment Information - Tenure Freehold
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.
Council Tax Band ( A) £1505.37
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).

Brochures

Graham Street, LancasterBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Graham Street, Lancaster

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lancaster Station0.8 miles
  • Bare Lane Station3.0 miles
  • Morecambe Station3.7 miles
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About Mighty House, Lancaster

53 Market Street Lancaster LA1 1JG
Industry affiliations:Industry affiliation 0 logo
Welcome to Mighty House Estates

Welcome to Mighty House Estates, where our commitment to providing exceptional property services in Lancaster and Morecambe is at the heart of everything we do. With a deep understanding of the local market, our experienced team is dedicated to helping you navigate the complexities of buying, selling, and renting properties.

Our story began with a vision to redefine the property experience. Over the years, we have grown and evolved, always staying true to our core values of integrity, transparency, and personalised service. We believe that every client is unique, and we take pride in offering tailored solutions that meet your specific needs.

At Mighty House, we are more than just an estate agency. We are a team of passionate professionals who are committed to making your property journey as smooth and stress-free as possible. Whether you are a first-time buyer, a seasoned investor, or looking to sell your home, we are here to provide expert guidance and support every step of the way.

Our extensive range of services includes property valuations, marketing, viewings, and negotiations, ensuring that you receive comprehensive support throughout the process. We also offer additional services such as property management and maintenance through our sister company, Mighty Maintenance, providing a complete solution for all your property needs.

We are proud to be a part of the vibrant Lancaster and Morecambe communities, and we look forward to helping you achieve your property goals. Thank you for choosing Mighty House - your trusted partner in property.

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Disclaimer - Property reference 32978999. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mighty House, Lancaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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