This week’s 60 second investment comes from the exclusive Standen Park development next to Williamson Park. This two bedroom apartment is located at the Colonnade and offers modern open plan living, good sized bedrooms and includes an en-suite off of the main bedroom as well as a family bathroom. The property has 1 dedicated parking space as well as visitor parking. Its always a popular location being so close to the park as well as having access to the new local Co-op and the city centre further afield.
It is on the market for £150,000 and with a potential rental income of £775pcm you could expect to see gross annual yields of £9,300 which is a 6.2% gross return.
If you would like more information, please click the link below or give us a call on 01524 843322
https://www.jdg.co.uk/property-details/-/lancaster/the-colonnade/32451509