Ridge Lane, Lancaster | INVESTORS – Fully let for 2025/26 with £43,600 annual income.
By JD Gallagher Estate Agents
£ 355,000
Reviews
2 out of 5 stars
JD Gallagher Estate Agents says ..
A substantial 7-bed student HMO set over four floors with spacious communal areas. Enjoying a sought-after canal-side position just minutes from Lancaster city centre. Fully let for 2025/26 with a gross annual income of £43,600. A ready-made investment in one of the city’s most popular student zo...
Property Oracle says ..
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 7
- Bathrooms
- 2
- Sqft (est)
- 1,436.15
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 231,813.00 £Increased by 7.66 %
- Est sale value
- 404,994.30 £Increased by 17.99 %
- Average area rental value
- 911.00 £/moIncreased by 18.16 %
- Est letting value
- 1,436.15 £/mo
- Est rental Yield
- 4.72 %Increased by 9.77 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
from 215,316.00 £
from 343,239.85 £
from 771.00 £/mo
from 0.00 £/mo
from 4.30 %
from 12.00 %
Agent Activity
JD Gallagher Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Firbank Children'S Centre | Children's Centre | 0.36 KM | |
| Castle View Primary | Academy Sponsor Led | 0.54 KM | |
| Lancaster Royal Grammar School | Academy Converter | 0.69 KM | |
| The Cathedral Catholic Primary School, Lancaster | Voluntary Aided School | Good | 0.73 KM |
| Chadwick High School | Pupil Referral Unit | Good | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Riverview Close | £ 0 | 0 | 0.00 KM |
| Mardale Road | £ 210,000 | 0 | 0.00 KM |
| Parliament Street | £ 0 | 0 | 0.00 KM |
| Keswick Walk | £ 0 | 0 | 0.00 KM |
| East Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancaster | 2685 | LAN | 1.81 KM |
| Bare Lane | 2690 | BAR | 5.38 KM |
| Morecambe | 2695 | MCM | 8.79 KM |
| Carnforth | 2640 | CNF | 8.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ridge Lane, Lancaster | INVESTORS – Fully let for 2025/26 with £43,600 annual income. | £ 355,000 | BUY | 5 / 10 | 0.00 KM |
| Ridge Lane, Lancaster | INVESTORS - Licence HMO | £ 340,000 | BUY | Unknown | 0.01 KM |
| Troutbeck Road, Lancaster | £ 190,000 | BUY | 7 / 10 | 0.06 KM |
| Swallow Wharf, Lancaster | A stunning canal side home | £ 250,000 | BUY | 7 / 10 | 0.11 KM |
| Albion Street, Lancaster | £ 200,000 | BUY | 4 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Grebe Wharf | £ 56,950 | 0.04 KM |
| 8 Grebe Wharf | £ 119,950 | 0.04 KM |
| 12 Grebe Wharf | £ 52,950 | 0.04 KM |
| 1 Grebe Wharf | £ 100,000 | 0.04 KM |
| 3 Grebe Wharf | £ 94,950 | 0.04 KM |