6 bed property for sale

Troutbeck Road, Lancaster LA1

The property is fully let for the 2026/27 academic year, with gross rental income of £38,640, based on six bedrooms achieving £140 per room per week over a 46-week letting period. This equates to an average gross rental income of £3,220 per month, providing investors with a clear and tangible indication of the property's earning potential.

The strength of this opportunity lies in the fact that the income is not simply a theoretical rental projection. The property is already fully let for the forthcoming 2026/27 academic year, giving an incoming investor immediate confidence in the property's rental performance and significantly reducing the void risk typically associated with student and HMO investments.

The property benefits from an established HMO letting history, having demonstrated its ability to attract and retain tenants over successive letting cycles. This proven track record makes 12 Troutbeck Road particularly appealing to investors looking for an established income-producing asset rather than a property requiring a new letting strategy to be developed from scratch.

Arranged as a six-bedroom, three-bathroom HMO, the property is well positioned to appeal to the strong demand for quality shared accommodation. The six individual bedrooms provide multiple rental income streams within a single asset, creating a diversified income profile and allowing the property to maximise its rental potential.

At £140 per room per week, the current rental level demonstrates the property's ability to generate substantial gross income from its existing configuration. With six rooms fully occupied for the 2026/27 academic year, the investment offers a particularly attractive combination of occupancy and income visibility. For investors, the appeal of 12 Troutbeck Road is therefore straightforward: This is an established HMO with a proven letting history, six bedrooms, three bathrooms and £38,640 of gross rental income already secured for the 2026/27 academic year. The property provides an opportunity to acquire an existing income-producing asset with a clear rental model and an established position within Lancaster's HMO market.

Rather than purchasing a property and taking on the uncertainty of finding tenants, an investor acquiring 12 Troutbeck Road can benefit from an asset that is already fully let for the forthcoming academic year. This provides a strong foundation for the investment from day one, while the established HMO format offers the potential for continued rental income and future rental growth. 12 Troutbeck Road represents an opportunity to acquire income as well as bricks and mortar: A proven six-bedroom HMO, fully let for 2026/27, generating £38,640 in gross annual rental income and offering investors an established and compelling income-producing property in Lancaster.

Local Information

Troutbeck Road is well positioned within Lancaster's established student rental market, making it an attractive location for both students and HMO investors. A major attraction for students is the property's access to Lancaster University, one of the city's principal sources of student rental demand. The University campus is approximately three miles south of Lancaster city centre and is exceptionally well connected to the city by public transport. Lancaster University states that there are up to 14 buses per hour between the city and campus during the daytime, with services continuing into the evening, making commuting straightforward for students living away from campus.