Terraced house for sale in Sibsey Street, Lancaster LA1

Description

**Excellent investment opportunity - currently let to a student**

Well presented, stone fronted, one double bedroom mid terraced house situated close to Lancaster City centre amenities, bus routes, M6 motorway and mainline railway station. Ideally located for the student rental market encompassing both the University of Cumbria & Lancaster University.
The accommodation is fully uPVC double glazed, gas central heated from a 'Worcester' gas combination boiler and briefly comprises: Front entrance, vestibule, lounge/diner, kitchen, bathroom/wc staircase and first floor landing and bedroom. Outside there is a low maintenance enclosed rear yard.
The property is currently let to one student from 26/09/2024 to and including: 27/08/2025.
The gross rental income for current academic year of 2024/25 is £9780.00 (we hold a tenancy agreement on file).

Front entrance

UPVC double glazed front door leading into the vestibule.

Vestibule

Tiled floor. Ceiling light.

Lounge/diner (5.10m x 4.17m) (16'7" x 13'6")

uPVC double glazed window to the front elevation. Electric fire. Central heating radiator. Cupboard housing the gas meter, electric meter and fuse box. Ceiling light. Power points. Sofa, desk, chair, coffee table.

Inner hallway

Staircase to the first floor.

Kitchen (2.74m x 2.58m) (8'9" x 8'4")

uPVC double glazed windows and door. Base units, wall units and drawers. Complementary working surfaces. One and a half bowl stainless steel sink. Beko cooker. Beko washing machine. Amica fridge freezer. Cookworks microwave. Worcester combination condensing boiler. Ceiling light. Power points. Access into the ground floor bathroom.

Ground floor bathroom (2.70m x 1.73m) (8'8" x 5'6")

uPVC double glazed window. Three piece suite in white comprising bath with wall mounted shower, wash hand pedestal wash hand basin and wc. Tiled to the bath area. Heated chrome towel rail. Ceiling light.

First floor

landing

UPVC double glazed window to the front. Ceiling light.

Bedroom (3.20m x 2.85m) (10'4" x 9'3")

uPVC double glazed windows to the front and rear elevation. Central heating radiator. Wall light. Power points. Loft hatch access. Bed, wardrobe, drawers, bedside unit.

Outside the property

rear yard

residents parking scheme

Tenure: Freehold

services: Mains water, mains drainage, mains electricity, mains gas. Local Authority Lancaster City Council. Council Tax Band A. Amount payable for the financial year 2024/25 being £1505.37. Please note that this is a verbal enquiry only. We strongly recommend that prospective purchasers verify the information direct.

Council Tax Band: A (Lancaster City Council)
Tenure: Freehold