Welcome to Tower Court, a small apartment development located towards the end of Springfield Street and just off South Road, the main road leading into the city.
A key feature of this home is that the city centre is just a short stroll. Lancaster Canal can be joined in just 300 yards providing pleasing walks into the countryside. Two of Lancaster's key employers are close by, both Lancaster Royal Infirmary and the University of Cumbria are within walking distance.
This apartment offers a convenient lifestyle. Buses stop regularly on neighbouring South Road and lead directly to Lancaster University.
There are two separate entrances into the main building from both the front and the rear. The front entrance is accessed from the pavement whilst the rear can be gained from the communal garden area.
Once you are inside the apartment you are in your own private hallway which offers doors to all the rooms available and there is a handy cupboard for storage which we think is the perfect place to store the hoover and ironing board.
The living area and kitchen
The space the living room has to offer is wonderful as there is not only enough room to relax but also dine if you so wish. We like how the living room overlooks the front of the building which will enjoy afternoon sunshine.
The living space has been decorated in a tasteful, neutral fashion with a carpet to match which will appeal to many buyers, and there is ample space for all the furnishings you would expect to have. The room is heated from the radiator and there is an open archway which leads you into the kitchen.
Once you are in the kitchen there are a range of fitted units to three sides providing ample storage for all your kitchen paraphernalia. There is space for all the expected white goods and a built in electric oven and gas hob, complete with an extractor fan. From the sink area there is a double glazed window which looks out over the front of the home. Thanks to this space being open to the living area we think it will be ideal when you are entertaining your guests.
The bedrooms and bathroom
Both bedrooms can be found to the far end of the hallway.
The master bedroom is a spacious double bedroom which sees the continuation of the neutral decoration. This double room has ample space for all the furniture you would expect to have and the room enjoys afternoon sunshine.
The second bedroom would make an ideal guest room or possible home office depending on your needs. This room looks out to the side of the home. Once again the soft, neutral tones create a calming, relaxing feel which is exactly what you need in a bedroom.
This apartment offers an allocated parking space which is numbered to match the apartment itself. This can be found around to the rear of the building and from here there is a pathway which can lead you through the communal garden area and to the rear entrance for the building. The communal garden also has a drying area for your clothes which is a little added bonus.
Information for investors
Are you looking to invest in the Lancaster property market? This property is currently tenanted and achieving £550 pcm which based on the asking price of £95,000 is a 6.95% gross return
First floor apartment
Spacious Lounge with Space to Dine
Fitted Kitchen off the Lounge
Three Piece Bathroom Suite
Allocated Parking Space
Communal Garden Area
City Centre Location
BUY TO LET INVESTORS ONLY
This is a premier chance for an investor to purchase a well maintained two bedroom, first floor apartment. Just around the corner is the city centre but the apartment is located towards the end of a quiet cul de sac, so you get plenty of peace and quiet.
Currently tenanted with a rental income of £550 PCM giving a gross yield of 6.95%