4 bedroom terraced house for sale

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4 bedroom terraced house for sale

20 Gregson Road, Lancaster
£175,000

Price History

Initial price £180,000
04/09/24 £184,950
02/11/24 £175,000
Price Change -2.78%

Description

This is an income-producing investment property located in the heart of South Lancaster, offering a great opportunity for investors. The property is a student house, currently let to three students for the 2024/2025 academic year, generating an annual gross income of £17,424. The property is well-presented and includes furniture and white goods, with the exception of the tenant's personal belongings. It does not require an HMO license at this time and has current landlord's gas safety certificates and EICR reports in place. The property is situated in a popular area with excellent local amenities, easy access to Lancaster city centre, and good transport links. It would make a great addition to any portfolio or a first buy-to-let investment.