Central Lancaster Apartment with 7.8% gross return | JDG Estate Agents

This week’s 60 second investment comes from Kellet Court, just off of Fairfield Road in Central Lancaster. It is a 1 bedroom, ground floor apartment in a small development with some lovely communal gardens and areas to sit. It has a good size lounge, fitted kitchen and bathroom as well as the double bedroom.

It comes with the additional benefit of its own parking space but is also located right next to Lancaster train station for people who need to go further afield. There is easy access to the city centre as well as local walks.

It is currently on the market for £95,000 and with a potential rental income of £625pcm you could expect to see annual returns of £7,500 which is a 7.8% gross yield.

For more information, please click below or give us a call on 01524 843322