City Centre Student Accommodation Portfolio
For Sale
Leisure & Hospitality, Other, Investment
613 - 1,182 Sq Ft
For Sale: Offers in region of £1,125,000
Get in touch for this property:
- Annual Income of £121,344
- Potential yield of 10.79%
- 7 individual properties
- Attractive proposition for investors
- Long-term investment potential
- Traditional terraced properties
An exceptional opportunity to acquire a portfolio of seven HMO student properties, all fully let and producing an established rental income. This ready-made investment package comprises well-established student accommodation located in a variety of sought-after areas around Lancaster city centre, providing both geographical diversity and a strong letting history.
All properties are currently let through to the end of the 2027 academic year, generating a combined annual rental income of approximately £121,344. The portfolio offers an immediate and reliable income stream, making it an attractive proposition for investors seeking a hands-off investment with secured tenancies already in place.
Whether looking to expand an existing student portfolio or enter the student investment market, this represents a rare opportunity to acquire a substantial, income-producing portfolio within one of the UK's strongest student rental markets. Overall, the package offers long-term investment potential, established occupancy, and the benefits of owning a diversified portfolio of quality student accommodation.
The portfolio comprises properties located throughout Lancaster city centre, one of the North West's most established student markets and home to both Lancaster University and the University of Cumbria. Together, these institutions attract thousands of students from across the UK and around the world each academic year, creating sustained demand for quality student accommodation.
The properties are situated on Aberdeen Road, Adelphi Street, Prospect Street, and Ridge Street, all well-established student locations surrounded by similar HMO accommodation and popular with both undergraduate and postgraduate tenants. Each property benefits from excellent public transport links, with regular bus services providing convenient access to both university campuses.
In addition, all properties are within easy reach of Lancaster's city centre, offering students convenient access to shops, supermarkets, cafés, bars, restaurants, and leisure facilities. This combination of prime locations, strong transport connections, and proximity to key amenities underpins the portfolio's consistent letting performance and long-term investment appeal.
| Description | Sq Ft | Sq M |
|---|---|---|
| 18 Prospect Street | 1,182 | 109.81 |
| 36 Prospect Street | 720 | 66.89 |
| 68 Prospect Street | 709 | 65.87 |
| 88 Aberdeen Road | 681 | 63.26 |
| 90 Aberdeen Road | 707 | 65.68 |
| 1 Adelphi Street | 613 | 56.95 |
| 30 Ridge Street | 730 | 67.82 |
| Total | 5,342.00 | 496.28 |
Mains water, electric and gas all connected. Some properties tenants are responsible for utility bills the other are included in the rent. Please enquire for further information.
88 Aberdeen Road - EPC Rating D
90 Aberdeen Road - EPC Rating D
1 Adelphi Street - EPC Rating D
18 Prospect Street - EPC Rating D
36 Prospect Street - EPC Rating D
68 Prospect Street - EPC Rating D
30 Ridge Street - EPC Rating E
All prices quoted are exclusive of VAT, but may be liable.