This week’s 60 second investment comes from Court View House in the popular Aalborg Place development, right in the city centre. It is in an excellent location right next to Lancaster canal with easy access to bars, restaurants, and the city’s many shops. The apartment itself has 2 bedrooms, open plan living and offers an en-suite in addition to the family bathroom. It has the added benefit of secure parking.
It is currently on the market for £175,000 and is currently tenanted at £850pcm. This brings in a gross annual return of £10,200 which is a 5.8% gross yield.
For more information please click below or give the office a call on 01524 843322.
https://www.jdg.co.uk/property-details/-/lancaster/court-view-house/32349496