Apartments are always popular with renters – especially the city centre ones – I have just seen this new one at the ever popular Aalborg Place in Lancaster. We have easily let many properties in both of the Aalborg buildings and this one in particular comes with a decent amount of space and views as well.
Beautiful 1 Bed Apartment with a 5.9% Gross Yield
This apartment would be very popular with the professional crowd – University and Hospital staff in particular. Being located centrally with easy access to the city and local canal-side restaurant and bars, it offers a great living area with the kitchen as well as decent sized double bedroom. Both the bathroom and kitchen are modern and stylish and will attract great tenants. An added bonus of the property is its great balcony, overlooking the canal and great views beyond!
Even at full asking price, I think you could get £595 PCM and therefore a healthy gross return of 5.9%
This one is going to get snapped up quickly! Here’s your link:
http://www.rightmove.co.uk/property-for-sale/property-47285400.html