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12 Briery Street, Lancaster, Lancashire, LA1 5RD
Guide Price* : £180,000 plus
CAN BE SOLD INDIVIDUALLY OR AS PART OF A PORTFOLIO ***LANCASTER PORTFOLIO***
- Residential Investment
- Four Bedroom HMO
- Producing £7,980 Per Annum Gross (as at September 2024)
- Freehold
- Approximately 76 sq m (850 sq ft)
Description
The property is a four bedroom, three storey mid-terrace house built with solid brick and topped with a pitched slate roof. At the rear, there is a small, paved yard enclosed by brick walls, providing a private outdoor space.
The property features a living room, kitchen, and dining room on the ground floor. The first floor comprises two bedrooms and a shared bathroom, while the second floor includes two additional bedrooms, each with its own en-suite bathroom.
There is a small yard at the rear, accessible from both the kitchen and the ground-floor bedroom.
The property extends to approximately 76 sq m (850 fq ft).
Location
Lancaster is a city in northern England and serves as the county town of Lancashire. It is located approximately 19 miles northeast of Blackpool and around 20 miles north of Preston. According to the 2011 Census, the city center has an estimated population of 52,234, while the wider City of Lancaster area has a population of about 138,375. Lancaster is a popular destination for students, being home to Lancaster University and a campus of the University of Cumbria.
Briery Street is situated near Lancaster Railway Station and the city center, in an area locally known as 'Fairfield.' This is a quieter neighborhood that remains relatively popular with students, particularly mature students and young professionals. The surrounding area consists mainly of terraced and semi-detached houses, with Lancaster City Football Club located just to the east. There are regular bus services running south to the Lancaster University campus, including stops at the University Underpass.
Tenure
The property is held Freehold under Title Number LA627702.
Planning Authority
Lancaster City Council - www.lancaster.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
D:63
Note
We have not inspected internally and the measurements and photographs have been provided to us by third party sources.
Accommodation
| Address | Tenant | Lease Terms | Rent £ pa |
|---|---|---|---|
| Room 1 - Standard | Vacant | ||
| Room 2 - Standard | AST | 15/09/2023 - 14/09/2024 | £4,680 |
| Room 3 - Standard | Vacant | ||
| Room 4 - Ensuite | Vacant | ||
| Room 5 - Ensuite | AST | 16/06/2024 - 15/12/2024 | £3,300 |
| Total | £7,980 |
Contact
Joint auctioneers
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Joint Agent
Office Contact
Legal Documents
Log in to view legal documentsAgreement Documents
Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2024
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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