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, £220,000

Ripley Street, Lancaster, LA1 (Freehold)

Where is Ripley Street?

Situated just off the Pointer roundabout, 2 Ripley Street offers a central location that continues to prove highly desirable with students. The University of Cumbria and Royal Lancaster Infirmary are within walking distance, and Lancaster University is easily accessible via a direct bus route, making this property ideally placed for both institutions. Surrounded by a wide range of local amenities and transport links, this property’s position enhances its long-standing popularity and consistent rental success.

A prime student investment in the heart of Lancaster

This fully licensed HMO is a four-bedroom student property arranged over two floors. All four bedrooms are spacious doubles, each fitted with matching built-in furniture for easy student living. The layout is practical and well-planned, with access via a private side entrance into a central hallway. On the ground floor, you’ll find one of the double bedrooms, a communal lounge, and a well-equipped galley-style kitchen. Upstairs, there are three further double bedrooms and a modern shower room. A small rear yard offers a bit of outdoor space and potential for storage. The property stands out as the only house on the street, offering a unique investment opportunity with added privacy.

Extra Useful Information

  • Fully let for the 2025/2026 academic year

  • Gross rental income: £24,000 per annum

  • Gas central heating and uPVC double glazing

  • All bedrooms are doubles with built-in furniture

  • Up-to-date Gas Safety Certificate and EICR

  • Small private rear yard

  • Council Tax Band A (Lancaster City Council – exempt for full-time students)

  • End Terrace - Student Let
  • x4 Four Bedrooms
  • x1 Communal Living Area | x1 Kitchen
  • x1 Shower Room
  • Private Rear Yard
  • Fully Licensed HMO
Floorplan for Ripley Street, Lancaster, LA1
EPC Graph for Ripley Street, Lancaster, LA1
4 Bedrooms 1 Receptions 1 Bathrooms
4-bed licensed HMO in a prime student location off Pointer roundabout. All double bedrooms with built-in furniture, plus communal lounge and yard. Gas central heating, uPVC double glazing, up-to-date safety certificates.

Council Tax Band

Band: A

Cost: £1,578 pa

Key Features

  • End Terrace - Student Let
  • x4 Four Bedrooms
  • x1 Communal Living Area | x1 Kitchen
  • x1 Shower Room
  • Private Rear Yard
  • Fully Licensed HMO

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