This week’s Lancaster Investment comes from St Johns Mews, a little development near St Georges Quay and the Bus Station. This particular property is a 2 bedroom townhouse, split over three floors. It has a kitchen diner, living room and two good size bedrooms. It is in a great location, with easy access to the city centre, transport links and walks along the quay.
It is currently on the market for £150,000 and with a potential rental income of £800pcm, you could expect gross annual yields of £9,600 which is a gross return of 6.4%. Remember to consider your other expenses to calculate your net yield.
For more information, please give us a call on 01524 843322 or click below for more information: https://www.jdg.co.uk/property-details/-/lancaster/st-johns-mews-1