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Elgin Street, Lancaster

Description

**Excellent investment opportunity - currently let to students**

Well-presented, stone fronted, two double bedroom mid terraced house situated close to Lancaster City centre amenities, bus routes, M6 motorway and mainline railway station. Ideally located for the student rental market encompassing both the University of Cumbria & Lancaster University.
The accommodation is fully uPVC double glazed, gas central heated from a 'combi' boiler and briefly comprises: front entrance, vestibule, lounge, kitchen diner with built-in oven & hob, utility room, staircase and first floor landing, two double bedrooms and bathroom/wc. Outside there is a low maintenance enclosed rear yard.
The property is currently let to two students from 29/8/24 until 30/7/25. The gross rental income for current academic year of 2024/25 is £10,272 (we hold a tenancy agreement on file).

FRONT ENTRANCE

uPVC double glazed front door.

VESTIBULE

Laminate floor. Laminate floor. Inner door leading into:

LOUNGE 3.36m x 2.96m
(11'0" x 9'7")

uPVC double glazed window. Ceiling light. Central heating radiator. Electric power points. Cupboard housing gas meter, electric meter and fuse box. Understairs storage cupboard with light and coat hooks. Open access into:

OPEN PLAN KITCHEN DINER 3.47m x 3.36m
(11'4" x 11'0")

uPVC double glazed window. Laminate floor. Ceiling light. Electric power points. Thermostatic controls for the ventral heating. Working surfaces to two walls, inset sink with mixer tap. Base units, wall units and drawers. Space for a fridge. Four ring hob, ceramic hob and stainless steel cooker hood with extractor fan and light. Open access and steps into:

UTILITY ROOM 2.36m x 1.86m
(7'7" x 6'1")

uPVC double glazed window. uPVC double glazed door leading into the rear yard. Central heating radiator. Ceiling light. Electric power points. Wall mounted Ideal Gas combination boiler. Space and plumbing for washing machine, dryer and fridge freezer. Counter top to one wall.

STAIRCASE FROM LOUNGE TO FIRST FLOOR

LANDING

Ceiling light.

BEDROOM ONE 2.65m x 2.83m
(8'7" x 9'3")

uPVC double glazed window. Central heating radiator. Ceiling light. Electric power points. Fitted wardrobes to one wall. Wooden flooring.

BEDROOM TWO 2.24m x 3.39m
(7'3" x 11'1")

uPVC double glazed window. Central heating radiator. Ceiling light. Electric power points. Internal timber door looking into landing. Walk in wardrobe with hanging rail and access into the roof space.

BATHROOM/WC 1.85m x 2.27m
(6'1" x 7'4")

uPVC double glazed window. Ceiling light. Three piece suite in white comprising: bath with wall mounted shower, side glazed shower screen, wash hand basin and wc. Laminate flooring. Part tiled to three walls. Wall mounted mirror.

OUTSIDE YARD

Laid to concrete with storage outbuilding.

TENURE: Freehold

SERVICES: Mains water, mains drainage, mains electricity, mains gas. Local Authority Lancaster City Council. Council Tax Band A. Amount payable for the financial year 2024/25 being £1505.37. Please note that this is a verbal enquiry only. We strongly recommend that prospective purchasers verify the information direct.


Council Tax Band: A (Lancaster City Council)
Tenure: Freehold

Brochures

Brochure
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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Elgin Street, Lancaster

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lancaster Station0.7 miles
  • Bare Lane Station2.7 miles
  • Morecambe Station3.6 miles
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About ibay Homes, Morecambe

365 Lancaster Road, Morecambe, LA4 6LZ
Family run estate agency making the difference.

iBay homes is a family run independent estate agency specialising in residential sales and lettings.

We pride ourselves on our customer services and professional attitude to all aspects of the industry.

We can be contacted on 01524 825060 if you require our services or indeed if you would like to utilise our local knowledge.

Ibay homes strives to take the stress out of the selling or letting process to keep the procedure as simple as possible.

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Disclaimer - Property reference RS4088. 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 ibay Homes, Morecambe. 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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