This week’s 60 second property investment comes from Langdale Road in the Newton area of Lancaster. It offers bright living spaces with a galley style kitchen as well as two double bedrooms. A great feature is the spacious garden to the rear. Given its location and facilities, tenants would love this home.
It is on the market for £120,000 and with a rental income of £575pcm, you can expect an annual gross yield of £6,900 which is a 5.7% gross return.
To find out more, please give us a call on 01524 843322