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Avondale Road, Lancaster

Key features

  • NO CHAIN
  • INCOME PRODUCING STUDENT PROPERTY
  • THREE BEDROOMS
  • LET FOR THIS 2023/2024 ACADEMIC YEAR
  • ALSO LET FOR THE 2024/2025 ACADEMIC YEAR
  • FUTURE PROOF INVESTMENT
  • EXCELLENT LETTING HISTORY
  • POPULAR STUDENT LOCATION
  • GOOD BUS ROUTES TO THE UNIVERSITIES
  • GOOD LOCAL AMENITIES

Description

***INCOME PRODUCING STUDENT HMO*** ***PERFECT LOCATION*** LET TO 3 STUDENTS FOR 2023/2024 AND ALSO LET 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 Bowerham area of Lancaster and is within easy reach of both Lancaster University (by bus) and The University of Cumbria. The city centre is also just an 8-10 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 Vestibule - Door to the hallway.

Hallway - Stairs to the first floor, carpeted floor, radiator.

Bedroom One - Double-glazed bay window to the front, ornate fireplace, carpeted floor, radiator.

Lounge - Double-glazed window to the rear, carpeted floor, radiator

Kitchen/Diner - Double-glazed windows to the rear and side, a range of matching wall and base units, fridge/freezer, washing machine and dryer, table and chairs, four ring gas hob and extractor hood, electric oven, Baxi combi boiler, stainless steel sink, dishwasher, understair storage cupboard, double glazed door to the yard, vinyl floor, radiator.

First Floor Landing - Walk-in storage cupboard.

Bedroom Two - Double-glazed window to the front, cast Iron fireplace, carpeted floor, radiator.

Bedroom Three - Double-glazed window to the rear, cast Iron fireplace, carpeted floor, radiator.

Bedroom Four - Currently used as a store room with a double-glazed window to the rear, carpeted floor, radiator.

Bathroom - Double-glazed frosted window to the side, panelled bath with thermostatic shower, wash hand basin, heated towel rail, vinyl floor, extractor fan, W.C.

Rear Yard - Gate to access road and patio area.

Investment Information - 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).

Tenure Freehold
Council Tax Band (A ) £1505.37

Brochures

Avondale Road, 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.
Ask agent
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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Avondale Road, Lancaster

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lancaster Station1.0 miles
  • Bare Lane Station3.1 miles
  • Morecambe Station3.9 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 33162010. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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