Avondale Road, Lancaster 3 bed terraced house for sale

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Avondale Road, Lancaster 3 bed terraced house for sale

Avondale Road, Lancaster
£195,000

Price History

Initial price £210,000
02/11/24 £199,950
25/02/25 £195,000
Price Change -7.14%

Description

This is a fantastic investment opportunity to purchase a mid-terraced property in Lancaster's popular Bowerham area, within easy reach of the city centre, universities, and local amenities. The property is currently let to three students for the 2024/2025 academic year, generating an annual gross income of £18,150. The property has a great letting history and is sold with furniture and white goods included, except for the tenants' personal belongings. The property has three bedrooms, a lounge/diner, kitchen, shower room, and bathroom, with a rear yard and patio area. With a current annual gross income of £18,150 and a potential increase in rent for the 2025/2026 academic year, this is a fantastic investment opportunity for anyone looking to generate a steady income.