8 bedroom terraced house for sale

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8 bedroom terraced house for sale

Blades Street, Lancaster
£400,000

Price History

Initial price £500,000
20/11/24 £450,000
10/07/25 £420,000
29/08/25 £400,000
Price Change -20.00%

Description

This income-producing HMO student property is located in the heart of Lancaster city centre, within walking distance of all amenities. The property has a long history of letting and offers a significant annual gross income of £46,080 for the 2025/2026 academic year. The property features 8 bedrooms, 2 bathrooms, and 3 WCs, with furniture and white goods included in the sale. The property is currently licensed as an HMO and has valid gas safety certificates and EICR reports in place. The property's unique portfolio opportunity allows investors to diversify their holdings and spread risk across multiple assets, providing a ready-made investment portfolio with potential for rental income or future appreciation.