Summary - 7, St. Oswald Street, LANCASTER LA1 3AS
5 bed 2 bath Terraced
Five-bed HMO in prime city location — income-producing and chain free.
Five-bedroom licensed student HMO producing immediate rental income
A purpose-built income producer in the heart of Lancaster’s student quarter, this five-bedroom mid-terrace is offered chain-free and currently let to students. The property comes with a valid HMO licence in place and current gas safety and EICR certificates; the bedsit-style layout and two bathrooms support immediate occupation and predictable rental income.
Let for the academic year and producing a projected gross income of approximately £31,200 (5 x £130 ppw x 48 weeks), the house is sold furnished with white goods included (tenant personal items excluded). Its ten-minute walk to the city centre, close proximity to university, amenities and public transport keep demand high and re-let risk low in this cosmopolitan student neighbourhood.
Built c.1900–1929 with a Victorian stone façade and small plot, the property presents some upkeep considerations: rooms are compact, walls are likely uninsulated (typical of the era), and further energy-efficiency improvements may be required to reduce running costs. It is being offered either singly or as part of a four-property portfolio — attractive for investors seeking scale and diversification.
This is a straightforward, cash-generating opportunity for a landlord or portfolio buyer who values location and immediate yield. Note the property is tenant-occupied, so viewing access will be subject to tenancy arrangements, and a new owner must apply for their own HMO licence on completion.
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