Buyer Information Report

South Road

Lancaster, LA1

Description

This large end terrace is set over four floors and has been converted to contains six bedsit flats, two on each floor, and a spacious two bedroom apartment in the basement that also has access to the rear garden. The property is being sold with 5 tenants in situ, four of the bedsits are currently occupied as is the two bedroom apartment. Its current yearly turn-over is estimated at £18,000.

Each of the bedsit flats has a built in kitchenette, mostly double glazed and electric storage heaters. The basement apartment has its own combi boiler. The building has a fully wired fire alarm system and fire escape windows fitted in communal areas. The building is in need of modernisation and offers a huge potential for investors in a prime location.

A huge benefit is the rear parking, essentially it has its own car park to the rear that will comfortably accommodate x4 vehicles, this is accessed from Railway Street.

EPC Rating: E

Key Facts

Property Type Flats/Maisonettes Actual

Bedrooms 8 Actual

Floor Area 181 sq metres 1948.27 sq feet

Tenure Leasehold Predicted status

Lease Term Start Date End Date Time Remaining

No lease data available

Council Tax Band - D

Flood Risk Very low Each year, there is a chance of flooding of less than 1 in 1000 (0.1%)

About Us

When you choose to work with us, you really are working with the best of the best. We have been recently awarded the top award in our industry at the EA Masters. This award is based on 3 key areas. Marketing, Service and Results.

Marketing. Every single property listing on Rightmove is individually assessed over a 6 month period. Agents' websites are assessed including their social media marketing. Client reviews are also taken into consideration.

Service. Every agent has to go through a rigorous process of mystery shops to identify the service levels they offer.

Results. Agents' Sales and lettings results are checked. Did the property sell/let? How long did it take? Did it fall through?

Every single estate agent that advertises on Rightmove is automatically entered. That is over 15,000 different companies and 22,000 individual offices.. Less than 1% of agents in the UK achieved a double-gold status. This means they are ranked as gold-standard agents in both sales and lettings.

About Us Meet The Team!

Want to see your own property?

Generate a full report on your own property including an instant estimated valuation.

Title Plan

Title Information

Details provided by the Land Registry

Title Number: LAN88148
Plot Size: 0.07 acres (274 sq metres)

Street View

Videos & Virtual Tours

Welcome to South Road

EPC

EPC Information

Details taken from the EPC register

Date: 2024-01-20
Valid Until: 2034-01-19
Energy Efficiency - Current: 39
Energy Efficiency - Potential: 72
Environmental Impact - Current: 23
Environmental Impact - Potential: 58

Schools

School Type

Rating

Name	Type	Postcode	Distance	Rating
Ripley St Thomas Church of England Academy	Secondary, Post 16	LA1 4RS	0.43 km	Outstanding
Bowerham Primary & Nursery School	Nursery, Primary	LA1 4BS	0.46 km	Good
Lancaster Girls' Grammar School	Secondary, Post 16	LA1 1SF	0.56 km	Good
The Cathedral Catholic Primary School, Lancaster	Primary	LA1 3BT	0.59 km	Good
Lancaster Dallas Road Community Primary School	Primary	LA1 1LD	0.66 km	Good

Transport

Bus Stops & Stations

Details provided by Department for Transport

Name	Distance
Pointer, South Road	29 metres
Royal Infirmary Main Entrance, Ashton Road	0.15 km
Greaves Park, Bowerham Road	0.17 km
Infirmary, South Road	0.22 km
Infirmary, Ashton Road	0.23 km

Train Stations

Details provided by Department for Transport

Name	Distance
Lancaster Rail Station	0.98 km
Bare Lane Rail Station	4.37 km

Nearest Motorway

Details provided by Department for Transport

Name	Distance
M6	3.64 km

Coverage

Average Broadband Speed:: 16mb Basic; 80mb Superfast; 1000mb Ultrafast; 1000mb Overall
Mobile Coverage:: EE

Good; O2

Good; Three

Good; Vodafone

Okay

Important Notice - This report is intended for general informational purposes only and should act only as a guide. The report is produced automatically on behalf of JDG Estate Agents - Lancaster by Street Insights, a product of Street Systems Ltd. Street Systems maintains and aggregates data from multiple public data sources and whilst every effort is made to keep information up to date and accurate, we make no representations or warranties of any kind about the accuracy, reliability or completeness of the information contained within this report for any purpose. Any reliance you place on the data contained within this report is strictly at your own risk. In no event will JDG Estate Agents - Lancaster or Street Systems Ltd be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this report.

This report contains public sector information licensed under the Open Government License v3.0

Transaction data and HPI data is produced by HM Land Registry. Crown copyright and database rights 2024