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Damside Street, Lancaster 5 bed apartment for sale
Damside Street, Lancaster
£295,000
Damside Street, Lancaster
£295,000
Our Summary
- It also provides an opportunity for buyers to acquire a ready-made investment portfolio with the potential for rental income or future appreciation
Description
This income-producing student property is located in the heart of Lancaster city centre, offering excellent letting history and a well-presented interior. The property features 5 letting bedrooms, 2 shower rooms, and a kitchen/diner/lounge area. The property is currently let for the 2024/2025 academic year at £25,200 and for the 2025/2026 academic year at £28,800, providing a strong potential for rental income. The property is sold with furniture and white goods included, except for the tenants' personal belongings, and comes with current landlord's gas safety certificates and EICR reports. The property has a valid HMO license in place, which will need to be renewed by the new owner. With its central location and excellent letting history, this property presents a fantastic investment opportunity for those looking to diversify their portfolio or acquire a ready-made investment property.