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

This income-producing student HMO property is located in the popular Bowerham area of Lancaster, within easy reach of the city centre, universities, and amenities. The mid-terraced property is deceptively spacious and has been let for the 2023/2024 and 2024/2025 academic years to three students at £120.00 and £130.00 per person per week, respectively, generating an annual gross income of £17,280 and £18,720. The property includes furniture and white goods, and is sold with current landlord's gas safety certificates and EICR reports in place. The property has four bedrooms, a lounge, kitchen/diner, bathroom, and rear yard, and is an excellent investment opportunity for anyone looking to generate a steady income.