Initial price	£500,000
20/11/24	£450,000
Price Change	-10.00%

This income-producing HMO student property is located in the heart of Lancaster city centre, within walking distance of various amenities. The property has a excellent letting history and offers a gross annual income of £47,616 from 8 bedrooms. The property is currently let for the 2023/2024 academic year, but is not currently let for the 2024/2025 academic year, providing an opportunity for a new owner to secure a long-term tenant. The property is sold with furniture and white goods included, except for the tenant's personal belongings. It also has a valid HMO license and current landlord's gas safety certificates. The property is a great investment opportunity for those looking to diversify their portfolio or acquire a ready-made investment property with potential for rental income or future appreciation.