Initial price	£220,000
05/11/24	£199,950
22/11/24	£185,000
Price Change	-15.91%

This income-producing student HMO is a superb investment opportunity located in the popular Bowerham area of Lancaster, within easy reach of the city centre, universities, and local amenities. The property is currently let for the 2023/2024 and 2024/2025 academic years, generating an annual gross income of £17,280 and £18,720 respectively. The property is deceptively spacious and features four bedrooms, a lounge, kitchen/diner, and bathroom, with furniture and white goods included in the sale. The property has been well-maintained and has current landlord's gas safety certificates and EICR reports in place. This is an excellent chance to purchase a profitable investment property with a steady income stream.