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)
Band: A
Cost: £1,578 pa