Cavendish Street, Lancaster 3 bed terraced house for sale

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Cavendish Street, Lancaster 3 bed terraced house for sale

Cavendish Street, Lancaster
£180,000

Price History

Initial price £190,000
08/06/25 £180,000
Price Change -5.26%

Description

This income-producing investment property is a two-bedroom home in Lancaster, offering a fantastic opportunity for investors or parents seeking quality accommodation for their children attending university. The property is currently let to three students for the 2024/2025 academic year, generating an annual gross income of £17,107.20. With a 48-week contract, this property presents a stable and lucrative investment opportunity. The property features two spacious reception rooms, a kitchen, and a cellar/utility room, as well as three double bedrooms and a bathroom. The property is located just a 10-minute walk from Lancaster city centre and its amenities, and is easily accessible by road and rail. The property is sold with furniture and white goods included, excluding the tenant's personal belongings. This property does not require a HMO license at this time and has current landlord's gas safety certificates and EICR reports in place.