3 bed semi-detached house for sale

Palatine Avenue, Lancaster LA1

The Location

Palatine Avenue sits in the popular Bowerham area of South Lancaster, a well-established student location with a strong rental history. The University of Cumbria is within walking distance, while regular bus services provide straightforward access to Lancaster University. Bowerham Road offers useful everyday amenities, including shops, takeaways and convenience stores, with Lancaster city centre, Royal Lancaster Infirmary and the city’s wider social scene also easily reached. This combination of two universities, nearby amenities and reliable transport links helps maintain consistent demand from student tenants, making the location particularly attractive to landlords seeking an established investment area.

The Property

Already let for the 2026/27 academic year, this well-maintained four-bedroom student property offers an incoming landlord the reassurance of secured tenants and a gross annual income of £23,040 from completion.

The ground floor opens into a spacious hallway, with the first of four letting bedrooms positioned at the front. This generous room includes a traditional cast-iron fireplace, adding character to an otherwise practical student space. A separate utility room keeps laundry away from the main living areas and is fitted with storage units, a sink, washing machine and dryer.

To the rear is a comfortable lounge and dining room where tenants can relax and eat together. The adjoining kitchen overlooks the garden and is fitted with a range of storage units, an electric hob and oven, extractor, dishwasher, fridge-freezer and sink. A glazed external door provides direct access to the garden.

Upstairs are three further well-proportioned letting bedrooms, one of which retains another cast-iron fireplace. The bathroom includes a bath with a thermostatic shower, washbasin and WC, while a separate additional WC helps make the accommodation more practical for four sharers.

Outside, the established rear garden includes a lawn, patio and storage shed, giving tenants space to sit outside without demanding an overly complicated maintenance schedule.

The property is sold with furniture and white goods included, excluding tenants’ personal possessions. Offered with no onward chain and an established letting history, this is a ready-made investment with income already secured for the next academic year.

Material Information

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  Freehold property offered with no onward chain
  
  
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  Council Tax Band B
  
  
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  EPC rating C, with cavity-wall insulation installed
  
  
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  Gas central heating from a Vaillant combination boiler; a current landlord’s Gas Safety Certificate is in place
  
  
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  Double glazing installed and a current eicr is in place
  
  
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  Let for 2026/27 at £120 per person per week across four rooms, producing a gross annual income of £23,040 with bills included
  
  
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  Furniture and white goods are included, excluding tenants’ belongings; the property does not currently require an HMO licence
  
  

EPC Rating: C

Location

Palatine Avenue sits in the popular Bowerham area of South Lancaster, a well-established student location with a strong rental history. The University of Cumbria is within walking distance, while regular bus services provide straightforward access to Lancaster University. Bowerham Road offers useful everyday amenities, including shops, takeaways and convenience stores, with Lancaster city centre, Royal Lancaster Infirmary and the city’s wider social scene also easily reached. This combination of two universities, nearby amenities and reliable transport links helps maintain consistent demand from student tenants, making the location particularly attractive to landlords seeking an established investment area.

Garden

Lawned Garden

Parking - Off Street

Driveway to the front