Summary - 58 COULSTON ROAD LANCASTER LA1 3AE
4 bed 2 bath Terraced
Turnkey investment close to Lancaster city centre for buy-to-let investors.
Four bedrooms and two bathrooms, established student let configuration
A stone-built Victorian mid-terrace in Bowerham, offered as a freehold, income-producing student property. The house has four bedrooms, two bathrooms and a strong letting track record, making it a straightforward buy-to-let for investors targeting Lancaster’s student and professional market. The property is within walking distance of the city centre, public transport and local amenities, which supports high demand.
Recent letting shows variable income: the 2024/25 academic year produced a gross income of £25,920 (4 x £135 pppw x 48 weeks). Lettings for 2025/26 recorded a lower gross of £19,200 due to mixed rents and occupancy (3 tenants at £95pppw, 1 at £115pppw, 48 weeks). The house is sold with most furniture and white goods included and carries current gas safety and EICR certificates.
Practical points for budgeting: the property has double glazing installed before 2002 and the stone walls are assumed uninsulated, so energy efficiency improvements may be needed to reduce bills and improve rental appeal. There is a small rear yard, brick storage shed housing the consumer unit, and off-street parking. The roof requires some care, and prospective buyers should allow for ongoing maintenance and possible upgrades to communal and thermal elements.
This is a clear, hands-on investment for buyers comfortable managing a student tenancy or contractor-led improvements. The combination of city-centre proximity, established letting history and included fittings reduces immediate upfront spend, while modest refurbishment work could increase net rental income and long-term capital value.
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