Summary - 46 AVONDALE ROAD LANCASTER LA1 4BY
3 bed 2 bath Terraced
Established student HMO near city centre and university bus routes, sold with furnishings..
Let to 3 students for 2025/2026 academic year, gross income £18,486
Sold with most furniture and white goods included
Gas safety certificate and EICR in place
Three bedrooms plus study, set over three floors
Small rear yard; small front garden, on-street parking only
Built 1930–1949; cavity walls probably uninsulated (assumed)
Average-sized rooms, double glazing, mains gas central heating
Currently an HMO — may restrict immediate owner-occupation
A three-bedroom mid-terraced investment in south Lancaster, offered with a sitting HMO let for the 2025/2026 academic year. The property returns a gross annual income of £18,486 (3 x £128.38 ppw x 48 weeks), sold with most furniture and white goods included, and has current gas safety and EICR certificates in place. Located about an 8–10 minute walk from the city centre with frequent bus routes to Lancaster University and the University of Cumbria, the location supports consistent student demand and easy management.
Accommodation is arranged over three floors and includes a lounge/diner, contemporary-style kitchen, shower room, separate bathroom, and a small rear yard. Rooms are average-sized with double glazing, standard ceiling heights and a modern combi boiler serving radiators. The property’s layout and letting history make it straightforward to operate as a student HMO or continue as a rental investment with minimal immediate changes required.
Practical drawbacks are clear and factual: the property sits on a small plot with on-street parking only, and the mid-terrace construction (circa 1930–1949) likely has cavity walls with no confirmed insulation. The sale excludes tenants’ personal belongings, and the current HMO use may limit quick conversion for owner-occupation without reconfiguration. Council Tax is low (Band A), and broadband/mobile connectivity is good, supporting student tenants.
This is a hands-on, income-producing purchase for a landlord or investor focused on steady yields from the local student market. Buyers seeking a family home should note the existing tenancy and HMO layout; investors will value the established tenancy, included furnishings, and proximity to universities and city amenities.
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