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£150,000

St. Leonards Gate, Central Lancaster - this property has a 10.8% gross return

Where is St Leonards Gate?

Welcome to St Leonardsgate, one of the cities most in-demand areas for student living and life. This part of the city is in the new Canal Quarter, however many have dubbed it the new "Student" quarter given the new impressive student development which is just across the road.

Located just minutes away from the heart of the city centre, close to the canal and a few minutes walk from the bus station (which has a regular service that goes to the University), this property couldn't be more perfectly located for students.

A superb investment

This is a student property already let and occupied for the current academic year 2019/2020. The property produces an annual income of £16,320. Utility bills are included in this which is standard in the student market.

A copy of the tenancy agreement is available for viewing in the JDG office upon request.

The ground floor

Stand back and look at this property. This is bigger than you think. The property is everything you see from the dark grey entrance door, right to the end of the property.

The ground floor plays host to the open plan kitchen diner - a place the students can meet up, cook, dine and relax. It is simply decorated with plain magnolia walls and a floor which is easy to keep clean. The kitchen features a range of white gloss cabinets providing ample storage and has a range of appliances.

From the open plan living room, a door leads through to a small 2nd hallway. At the end of this is the first of the 4 double bedrooms. Like all of the bedroom to follow it has fresh magnolia decor, carpets which are just 12 months old and is fully furnished. The furniture is also just 12 months old.

The 3-piece shower room is also on the ground floor of this property. It features a 3 piece suite in white which includes a double shower cubicle, WC and wash basin.

The upper floors

The first floor has 3 double bedrooms - each looks out to the front of the home. All of these bedrooms are well proportioned and have a wash basin fitted. The decor, carpets and bedroom furniture were all newly fitted 12 months ago.

  • A prime location student property
  • 4 letting bedrooms
  • Open plan living
  • Modern white hi gloss kitchen
  • 3-piece shower room with double shower cubicle
  • Let for the academic year 2019/2020
  • This property produces an income of £16,320
  • This is located just 3 minutes from Lancaster bus station
Floorplan for St. Leonards Gate, Central Lancaster  - this property has a 10.8% gross return
EPC Graph for St. Leonards Gate, Central Lancaster  - this property has a 10.8% gross return
4 Bedrooms 1 Receptions 1 Bathrooms
Are you a landlord looking for high yielding Student Property? This is in a prime location, just across the road from the new iconic student development and just 3 minutes from Lancaster Bus Station. All of the bedrooms are doubles. It is let for the academic year 2019/2020 which means you have a ready made income.

Key Features

  • A prime location student property
  • 4 letting bedrooms
  • Open plan living
  • Modern white hi gloss kitchen
  • 3-piece shower room with double shower cubicle
  • Let for the academic year 2019/2020
  • This property produces an income of £16,320
  • This is located just 3 minutes from Lancaster bus station

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