This week’s 60 second investment comes from the popular Lune Square development in central Lancaster. The property is a top-floor, one bedroom apartment. It has been kept in excellent condition and is well maintained and presented. It offers spacious open plan living with contemporary kitchen and bathroom.
It’s in a fantastic location, right at the beginning of St Georges Quay as well as easy access straight into the city centre and further afield via the bus station. These apartments are always popular with tenants and this one has a great history of being let both long and short term.
It is on the market for £120,000 and with a potential rental income of £750pcm you could expect to see annual yields of £9,000 with is a 7.5% gross return.
For more information, please click the link below or give us a call on 01524 843322 https://www.jdg.co.uk/property-details/-/lancaster/lune-square-damside-street