£400,000

(£243/sq. ft)

6 bed terraced house for sale
Bowerham Road, Lancaster LA1

    • 6 beds

    • 6 baths

    • 1 reception

    • 1,647 sq. ft

  • EPC Rating: D

Just added
Freehold
Added on 01/09/2026

About this property

  • Established income-producing student investment in Lancaster

  • Six letting bedrooms, each with a private en-suite

  • Fully let for the 2026/2027 academic year

  • Gross annual rental income of £41,760

  • Proven letting history in a popular student location

  • Excellent bus connections to Lancaster University

  • Within walking distance of the University of Cumbria

The Location

Bowerham is one of South Lancaster’s most established student rental locations, valued for its excellent access to both Lancaster University and the University of Cumbria. Regular bus services run along Bowerham Road, while the University of Cumbria campus is within walking distance. Everyday amenities are close at hand, including supermarkets, independent shops, takeaways and healthcare facilities, with Lancaster city centre also easily reached. This combination of convenience, transport links and proximity to both universities supports consistent tenant demand, making Bowerham a natural choice for students and an established location for landlords seeking an investment property in Lancaster.

The Property

A proven, income-producing six-bedroom HMO, 89 Bowerham Road offers an appealing opportunity for investors seeking an established Lancaster student property. Fully let for the 2026/2027 academic year and generating a gross annual income of £41,760, the property combines a strong letting history with six en-suite bedrooms and well-planned communal accommodation.

Arranged across three floors, the ground floor opens into a hallway with stairs rising to the upper floors. At the front is the first double bedroom, featuring a bay window and private en-suite shower room. A separate communal lounge provides tenants with a comfortable place to relax, while the kitchen and dining room is equipped with a range of fitted units, breakfast bar, electric oven and hob, washing machine and fridge freezer. A useful ground-floor WC sits alongside the kitchen.

Steps lead to the second letting bedroom, which also benefits from its own en-suite shower room. On the first floor are three further bedrooms, including a spacious bay-fronted room, with each bedroom having a private en-suite. The sixth bedroom and en-suite are positioned on the second floor, completing accommodation designed to give every tenant their own facilities.

Outside, the rear yard provides a low-maintenance patio area with gated access to the service road. Furniture and white goods are included, excluding tenants’ personal possessions, allowing the successful purchaser to take over an established and operational student investment.

Material Information


  • Freehold property; Council Tax Band C



  • Six-bedroom HMO with a current local authority licence; the purchaser must apply for a new licence following completion



  • Fully let for the 2026/2027 academic year at £145 per person per week for 48 weeks



  • Current gross annual rental income of £41,760



  • Furniture and white goods included, excluding tenants’ personal belongings



  • Current landlord Gas Safety Certificate and Electrical Installation Condition Report in place



  • Double glazing, gas central heating with an Ideal combination boiler, and a ground-floor rear extension


EPC Rating: D

Location

Bowerham is one of South Lancaster’s most established student rental locations, valued for its excellent access to both Lancaster University and the University of Cumbria. Regular bus services run along Bowerham Road, while the University of Cumbria campus is within walking distance. Everyday amenities are close at hand, including supermarkets, independent shops, takeaways and healthcare facilities, with Lancaster city centre also easily reached. This combination of convenience, transport links and proximity to both universities supports consistent tenant demand, making Bowerham a natural choice for students and an established location for landlords seeking an investment property in Lancaster.

Parking - On Street

On Street parking available

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More information

  • Tenure

    Freehold

  • Council tax band

    C

  • Ground rent

    £0

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