Initial price	£420,000
07/03/24	£395,000
13/02/25	£390,000
Price Change	-7.14%

This six-bedroom townhouse in Lancaster is a popular student accommodation, let via Lancaster University, with a 5-year renewal on their student accommodation licence. The property is currently rented out to six students at £115 per week, generating £33,120 in annual rental income. With the potential to increase the rent to £125 per week for seven students, the property's potential annual rental income could rise to £42,000. The property features four levels, including a lounge, dining room, and fitted kitchen on the ground floor, as well as six double bedrooms and three bathrooms throughout. The compact garden area to the rear provides gated access. With its excellent location and potential for increased rental income, this property is highly recommended for viewing.