Todays property focus is this superb top floor apartment at Lune Square. It has enough living space to rival any two bed home and it is ever so light and bright. It will literally rent for fun.
Until deciding to sell, the owner informs us that it has never been empty!
This apartment lets out comfortable at £575pcm. This location is excellent, neighbouring St Georges Quay close to the trendy bars and restaurants and just a 2 minute walk from Sainsburys.
The property yields a 6% gross return when let out as a traditional rental home. However, have you considered air BnB? Your yield could jump considerably
This apartment could rent out at £70 per night. If it was only let for 14 nights in a month – it would bring in £980 per month. Lancaster is a university city and also the 2nd most visited tourist area in Lancashire (Blackpool come first). People who choose air BnB are often visiting their kids at Uni or are here for on business. Then there is the holiday market too.
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