Sibsey Street, Lancaster

This four-bedroom property represents a solid investment opportunity in the vibrant area of South Lancaster, with a proven track record of successful student lettings. Conveniently located within walking distance to essential amenities, including gyms, shops, and dining options, this home is well-situated for attracting tenants. Currently offering an annual gross income potential of £23,040 based on a rental rate of £120 per person per week for the upcoming academic year. The property comes equipped with furniture and essential white goods, ensuring a quick transition for incoming tenants. Safety compliance is addressed with valid gas safety certificates and EICR documentation already in place. Inside, you’ll find features such as a spacious lounge/bedroom area with a bay window and an open-plan dining room leading to the kitchen which includes practical appliances. While the house is functional, there are various areas where modern updates could enhance both comfort and rental appeal. The outdoor space includes a storage shed and patio area that could benefit from some revitalization. This property offers great potential for value-adding renovations, making it an attractive prospect for savvy investors looking to improve cash flow through strategic upgrades.