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Lindow Street, Lancaster

PROPERTY TYPE

End of Terrace

BEDROOMS

6

BATHROOMS

3

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
  • SIX BEDROOMS
  • TWO SHOWER ROOMS
  • ONE EN-SUITE ROOM
  • HEART OF THE CITY CENTRE
  • EXCELLENT LETTING HSTORY
  • IMMACULATE THROUGHOUT
  • FOOL PROOF INVESTMENT & LET FOR THE NEXT 2025/2026 ACADEMIC YEAR
  • WONDERFUL LOCATION

Description

***INCOME PRODUCING HMO STUDENT PROPERTY*** ***6 LETTINGS BEDROOMS *** 2 SHOWER ROOMS** ONE EN-SUITE SHOWER ROOM*** HEART OF THE CITY CENTRE *** EXCELLENT LETTING HISTORY *** IMMACULATE THROUGHOUT **

Imposing Income-Producing Student Property in the Heart of Lancaster City Centre

This impressive student property is ideally situated in the heart of Lancaster city centre, making it a highly sought-after location for students.
Immaculate throughout, the property boasts an excellent letting history, ensuring a reliable and profitable investment.


The property is within walking distance of all the amenities Lancaster has to offer, including gyms, pubs, clubs, shops, eateries, and health services, ensuring convenience and an attractive lifestyle for its residents.

This property is let for this 2024/2025 academic year at 5 x £135 PPW X & 1 X 145 per week for the en-suite room x 48 (per person per week) offering an annual gross income of £39,360.
Water, TV license and internet included.
Utility allowance £15.00 per person per week.
This property is also let for the next 2025/2026 academic year at 5 x £135 PPW X & 1 X 145 per week for the en-suite room x 48 (per person per week) offering an annual gross income of £39,360.
Water, TV license and internet included.
Utility allowance £15.00 per person per week.

There is also another room which is currently used as a store room, but has plumbing for a bathroom suite with an electric shower.

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).

*This property currently has a valid HMO license in place granted by the local authority (a new owner will have to apply for their own license upon completion).

A current landlord's gas safety certificates are in place along with a new EICR (electrical installation condition report).

Entrance Vestubule - Tiled floor, door to the hallway.

Hallway - Tiled floor, radiator, stairs to the first floor.

Bedroom One - Double-glazed bay window to the front, ornate cast iron fireplace with wood surround, carpeted floor, radiator.

Lounge - Built-in cabinets, laminate floor, radiator and door to the kitchen.

Kitchen/Diner - Double-glazed windows to the side and rear, a range of matching wall and base units, breakfast bar, stainless steel sink, dishwasher, fridge/freezers, free-standing gas cooker, double-glazed door to the yard, laminate floor, radiator, door to the cellar.

Cellar - Double-glazed window to the front, excellent head height, washing machine and dryer, radiator, gas & electric meters, table and chairs.

First Floor Landing - Split level with stairs to the second floor, radiator.

Shower Room (1) - Double-glazed frosted window to the rear, shower cubicle with jacuzzi shower, wash hand basin, extractor fan, laminate floor, radiator, W.C.

Shower Room (2) - Shower cubicle with jacuzzi shower, wash hand basin, extractor fan, laminate floor, heated towel rail, W.C.

Bedroom Two - Double-glazed window to the front, carpeted floor, radiator, door to the en-suite.

En-Suite Shower Room - Double-glazed frosted window to the front, shower cubicle with Triton electric shower, wash hand basin, extractor fan, laminate floor, radiator, W.C.

Bedroom Three - Double-glazed window to the rear, carpeted floor, radiator,

Second Floor Landing - Double-glazed window to the rear.

Bedroom Four - Double-glazed window to the front, carpeted floor, radiator.

Bedroom Five - Double-glazed window to the front, carpeted floor, radiator.

Bedroom Six - Double-glazed window to the rear, carpeted floor, radiator.

Yard - Patio area and gate to access road.

Useful & Investment Information - Tenure Freehold
Council Tax Band (D ) £2258.05
This property is let for this 2024/2025 academic year at 5 x £135 PPW X & 1 X 145 per week for the en-suite room x 48 (per person per week) offering an annual gross income of £39,360.
Water, TV license and internet included.
Utility allowance £15.00 per person per week.
This property is also let for the next 2025/2026 academic year at 5 x £135 PPW X & 1 X 145 per week for the en-suite room x 48 (per person per week) offering an annual gross income of £39,360.
Water, TV license and internet included.
Utility allowance £15.00 per person per week.


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).

*This property currently has a valid HMO license in place granted by the local authority (a new owner will have to apply for their own license upon completion).

A current landlord's gas safety certificates are in place along with a new EICR (electrical installation condition report).

Potential Bathroom/ Currently A Store Room - Currently used as a store room, but has plumbing for a bathroom suite with an electric shower.

Brochures

Lindow 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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit
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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Lindow Street, Lancaster

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About Mighty House, Lancaster

53 Market Street Lancaster LA1 1JG
Industry affiliations:
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 33385011. 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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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