Initial price	£525,000
20/11/24	£450,000
Price Change	-14.29%

This is a fantastic income-producing HMO student property located in the heart of Lancaster city centre. The property boasts eight letting bedrooms, three bathrooms, and is currently let for the 2023/2024 academic year at £44,160 per annum and for the 2024/2025 academic year at £48,000 per annum. The property is sold with furniture and white goods included, except for the tenants' personal belongings. The property has a valid HMO license in place and current landlord's gas safety certificates and EICR reports. The property is within walking distance to all amenities, including gyms, pubs, clubs, shops, eateries, and health services. This is an excellent opportunity for investors to diversify their holdings and spread risk across multiple assets, or for those looking to acquire a ready-made investment portfolio with potential for rental income or future appreciation.