4-bedroom semi-detached house · LA1 4HD
Listing removedListed 53 days
Opportunity summary
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About
Location Palatine Avenue is a popular residential address within walking distance of Lancaster city centre, making it particularly well suited to the student rental market.
Its convenient setting allows tenants to enjoy straightforward access to the city’s shops, places to eat and everyday amenities, while the established student community supports continued rental demand.
For investors, this is a location with a proven letting history and broad appeal among those wanting to live close to the heart of Lancaster.
With tenants already secured for the 2026/27 academic year, Number 13 offers the opportunity to acquire an income-producing property in an area where student accommodation remains consistently sought after.
The Property Already let for the 2026/27 academic year, this well-maintained four-bedroom student property combines an established rental history with confirmed annual gross income of £23,040.
Offered with no onward chain, furniture and white goods included, it presents an attractive opportunity for an investor seeking a ready-made Lancaster buy-to-let.
The accommodation begins with a spacious entrance hallway.
On the ground floor is the first double bedroom, featuring a cast-iron fireplace, together with a useful utility room fitted with storage units, a sink, washing machine and dryer.
The lounge and dining area sits towards the rear, providing tenants with a comfortable shared space in which to relax and socialise.
Beyond this is the fitted kitchen, equipped with an electric hob and oven, extractor, dishwasher and fridge freezer. A glazed door opens directly onto the garden.
Upstairs, the landing provides access to the loft and leads to three further well-proportioned bedrooms. One retains a cast-iron fireplace, adding a welcome touch of character.
The modern bathroom includes a bath with a thermostatic shower, wash basin, WC and heated towel rail, while a separate WC helps make shared living more practical.
Outside, the established rear garden offers a lawn, patio and storage shed, creating valuable outdoor space for tenants to enjoy.
The property has cavity wall insulation and has been carefully maintained, supporting its credentials as a dependable long-term investment.
Material Information Freehold property offered with no onward chain Lancaster City Council Tax Band B Let for the 2026/27 academic year at £120 per person, per week for four tenants Stated annual gross rental income of £23,040, with bills included Furniture and white goods are included, excluding tenants’ personal belongings Current landlord’s gas safety certificate and eicr are in place Double glazing, cavity wall insulation and a Vaillant combination boiler; the property does not currently require an HMO licence EPC Rating: C Location Palatine Avenue is a popular residential address within walking distance of Lancaster city centre, making it particularly well suited to the student rental market.
Its convenient setting allows tenants to enjoy straightforward access to the city’s shops, places to eat and everyday amenities, while the established student community supports continued rental demand.
For investors, this is a location with a proven letting history and broad appeal among those wanting to live close to the heart of Lancaster.
With tenants already secured for the 2026/27 academic year, Number 13 offers the opportunity to acquire an income-producing property in an area where student accommodation remains consistently sought after.
Garden Lawned garden to the rear Parking - On Street On Street parking available
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 13 Palatine Avenue, Lancaster
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