A cute Galgate cottage with a healthy 7% reurn

Our agency has just recently let several properties out in Galgate, our latest having several excellent applications.  It made us think.  Are there any great deals out there which would give a landlord a decent return?

Investment advice for lancaster landlords

Expect to generate a 7% gross return per annum on this 2 bed cottage


This property in Galgate might do just that.  It’s a cute 2 bed cottage  with a garden.  For those who don’t drive buses run frequently on the A6.  It’s easy access for the motorway too.  Shops are within a short stroll.  All things which are high up on many a tenants wish list!

Looking at the details, this property is fully dg.  We are not sure if it is gas central heated, the details do not make clear so you’ll need to check this.

We rent similar properties for £500 pcm.  Even if you paid the full asking price you would generate £6000 per annum which is a gross return of 7%

It’s up for sale with our friends at the Lancastrian.  Get the full details here