Chain-free four-bed student investment close to Lancaster city centre, generating £24,960 pa..
Let for 2025/26 with £24,960 annual rental income
Four double bedrooms across multiple floors, suited to sharers
Gas central heating and double glazing installed (post-2002)
Modern family bathroom plus separate W.C.; lower-ground W.C
Rear yard and permit on-street parking only; small plot
Very high local crime rate; wider area classified as deprived
Freehold and chain-free — ready transactional position
Period stone façade may need ongoing maintenance
A four-double-bedroom mid-terrace in central Lancaster, offered chain-free and currently let to students for the 2025/26 academic year. The property generates a rental income of £24,960 and benefits from gas central heating, modern double glazing and a contemporary bathroom with a double shower and spa bath. Its layout spans multiple levels, with an open-plan ground floor, lower-ground bedroom opening to a rear yard, and two further bedrooms on the top floors.
This house suits an investor seeking a ready-made student-let close to the city centre and local amenities. Permit on-street parking and a compact rear yard add practical value for tenants. The property is freehold and within walking distance of transport links, shops and several well-rated primary and secondary schools.
Buyers should note the neighbourhood records very high crime and the wider area is classified as deprived, which can affect long-term capital growth and tenant mix. The plot is small and the mid-terrace stone façade, while characterful, may require periodic maintenance typical of early-20th-century construction (walls likely uninsulated). On-street permit parking only; no private driveway.
Overall this is a straightforward, income-producing student investment with modern internal fittings and clear rental history, balanced by local-area risks and the responsibilities of maintaining an older terraced building.