Westbourne Road, Lancaster
Flats 2-5, 3 Croftlands Westbourne Road, Lancaster, Lancashire, LA1 5DD
Guide price £300,000
Flats 2-5, 3 Croftlands Westbourne Road, Lancaster, Lancashire, LA1 5DD A super investment opportunity on Westbourne Road with this property conversion being close to Lancaster Train Station and the city centre. The property itself has been divided into five apartments and the proposition on offer is no's 2-5 inclusive. They are all currently let with a gross combined annual return of £16800* though with some works of improvement we would anticipate a much higher yield**. The property has three parking spaces at the front of the building with further land available for any expansion of this provision that is deemed required. There is scope for further reconfiguration which would give a substantial student let investment and the vendor who is seeking to retain the bottom apartment may be interested in selling that also, should any prospective party be interested in the whole unit for residential or further conversion purposes. Contact our office to arrange internal inspection or should you have any further enquiries. *Any interested party is advised to verify this information via their solicitor prior to exchange of contracts. ** Flat 4 has a sitting tenant so the terms of this must be considered prior to purchase.
Tel: 01524 771888 Email: [email protected] www.houseclub.co.uk
Guide price £300,000
Flats 2-5, 3 Croftlands Westbourne Road, Lancaster, Lancashire, LA1 5DD A super investment opportunity on Westbourne Road with this property conversion being close to Lancaster Train Station and the city centre. The property itself has been divided into five apartments and the proposition on offer is no's 2-5 inclusive. They are all currently let with a gross combined annual return of £16800* though with some works of improvement we would anticipate a much higher yield**. The property has three parking spaces at the front of the building with further land available for any expansion of this provision that is deemed required. There is scope for further reconfiguration which would give a substantial student let investment and the vendor who is seeking to retain the bottom apartment may be interested in selling that also, should any prospective party be interested in the whole unit for residential or further conversion purposes. Contact our office to arrange internal inspection or should you have any further enquiries. *Any interested party is advised to verify this information via their solicitor prior to exchange of contracts. ** Flat 4 has a sitting tenant so the terms of this must be considered prior to purchase.
Tel: 01524 771888 Email: [email protected] www.houseclub.co.uk
