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£225,000

Ulster Road, Lancaster, LA1 (Freehold)

The Location

Welcome to Ulster Road, situated in the highly sought-after Bowerham residential area. Families will appreciate its proximity to the local primary school, while potential landlords will value its closeness to universities and the hospital.

For those without a car, a nearby bus stop on Bowerham Road offers convenient transportation, although many opt for a pleasant walk to the city centre, University of Cumbria, or the hospital. Bowerham is a popular neighbourhood with various shops, amenities, and charming pubs, not to mention the delightful Williamson Park, just a 5-minute drive away.

Property Overview

This charming 2-bedroom period home boasts two inviting reception rooms (one currently used as a bedroom) and a convenient ground floor WC. On entering, you’re greeted by a welcoming hallway with stained glass internal door and beautiful deep coving. The central reception room is a great family space and large enough for formal and informal furniture. There is plenty of storage with original cupboards and a very useful understairs cupboard. There is a bayfront lounge to the front of the property which is currently being used as a bedroom. The modern kitchen is at the rear of the property. From the kitchen a door leads through to a lean to, which is used as a store area for bicycles and drying clothes.

To the first floor, there are two double bedrooms one of which could easily be made into two by installing a stud wall making this property three bedroom. The front bedroom has a staircase that leads up to the attic area. This is carpeted and has ample storage. There is a three-piece bathroom suite to the first floor in white. Externally, there is a small yard.

Investment Information

The property is currently let as a three bedroom property to students for this academic year at £115 per room per week for 46 weeks of the year. This is a total gross income of £15,870 per year. Current tenancy ends July 2024.

Additional Information:

  • Successfully used as a student rental

  • Gas Central Heating and Double Glazing

  • Converted Attic Room

  • Mid Terraced Victorian Property
  • Two Double Bedrooms on First Floor - Front Reception Room currently used as a bedroom
  • Generous Modern Kitchen
  • Utility area to the rear with WC
  • 3 Piece Bathroom on the First Floor
  • Popular Bowerham Location
  • Handy Converted Attic Room with Storage
  • Successfully used at a Student Let
EPC Graph for Ulster Road, Lancaster, LA1
2 Bedrooms 2 Receptions 1 Bathrooms
Are you looking for a charming 2-be period home in Bowerham? With two reception rooms and a modern kitchen and bathroom, there is ample living space. An additional attic room and utility area at the rear offer an excellent amount of extra storage. No chain

Council Tax Band

Band: A

Cost: £1,505 pa

Key Features

  • Mid Terraced Victorian Property
  • Two Double Bedrooms on First Floor - Front Reception Room currently used as a bedroom
  • Generous Modern Kitchen
  • Utility area to the rear with WC
  • 3 Piece Bathroom on the First Floor
  • Popular Bowerham Location
  • Handy Converted Attic Room with Storage
  • Successfully used at a Student Let

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