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£125,000

Alfred Street, Lancaster - would you like an 11% return?

Where is Alfred Street?

Welcome to Alfred Street. Homes in the city don't come much closer to the city centre than this home does! Located on a tree-lined street just a stroll from Lancaster Canal, you won't need a car if you live here. Alfred Street is all about convenience. The bus station is a few minutes away. The train station just a 10-minute walk. It's on the edge of the new student village yet also in a residential area popular with families and professionals.

Live here and you can literally stroll into the city centre. By day enjoy one of the numerous coffee shops, come the evening, you can enjoy the cultural life on offer ranging from the theatres, cinema or busy nightlife as the local pubs and wine bars come to life. Afterwards retreat back to the comfort of your own home.

What we like

"This home offers great value for money. All four bedrooms are double rooms. It's also close to the canal so you can enjoy relaxing walks and more energetic jogs. You can also cycle along the canal. Many locals commute to work this way. It beats contending with traffic!"

About this home

Alfred Street is a 4-bed period home set over 3 floors. Located in the heart of the city centre this well-maintained property has been rented to 4 students. The students love the location - close to the nightlife, convenient for the shops and walking distance to the bus station which has direct links to the university.

This a house where all 4 bedrooms are well proportioned. The decor is neutral with plain smooth plastered walls. The kitchen is modern and the shower room is fitted with a 3-piece suite in white. Naturally it is upvc double glazed and gas central heated.

The ground floor living areas

Step through the entrance and into the neutrally decorated hallway. To the right is the sitting room - used as tv room by the current residents. Straight ahead is the main living room - a place to both relax and dine. It is set just off the galley kitchen, hence it's the heart of this home and the most used room in the house!

The galley style kitchen has lots of cupboard space for storage. The units are modern in pale beech complenented by simple white tiling. The kitchen is plumbed for a washing machine and has space for the cooker and other appliances.

The bedrooms and bathroom

The four double bedrooms are located on the two upper floors. They are well proportioned. All are neutrally decorated. The rooms feel light and bright - perhaps thanks to the fact this home is not overlooked.

The ground floor shower room is located on the ground floor. It has a 3-piece suite in white which includes a double walk-in shower cubicle.

Outside the home

Alfred Street has an enclosed backyard. Despite the generous extension, there is still space to sit out. The yard is enclosed with stone walling. A timber gates leads out the rear alley

Extra Useful Infomation

- This home is fully upvc double glazed
- It is gas central heated. The combination boiler is located in the rear hallway. It has been serviced annually
- There is permit parking available on neighbouring streets
- There is no onward chain
- It is council tax band A

Infomation for landlords

- This home has enjoyed several years as a successful student
- It is in a key city centre location adjoining the area which is being dubbed the new "student village'
- It currently generates an income of £13,8000 from 4 students. These current students leave at the end of this term
- It complies to current HMO regulations

  • A stone built period home
  • 4 bedrooms - all are doubles
  • 2 reception rooms
  • Galley style kitchen
  • 3-piece shower room
  • Superb city centre location
  • EPC Rating D
Floorplan for Alfred Street, Lancaster - would you like an 11% return?
EPC Graph for Alfred Street, Lancaster - would you like an 11% return?
4 Bedrooms 2 Receptions 1 Bathrooms
Looking for a great investment with a high yield? Do you want a student let in an area the students want to be? This 4 bed home ( it also has 2 reception rooms ) could be just the one. It would of course also suit a family looking for a central location. Don't miss it! EPC D

Key Features

  • A stone built period home
  • 4 bedrooms - all are doubles
  • 2 reception rooms
  • Galley style kitchen
  • 3-piece shower room
  • Superb city centre location
  • EPC Rating D