Today’s 60 second investment comes from Abbeystead House in the popular Hala area of South Lancaster. This two bedroom property has been finished to a high standard and would make a perfect rental. As well as the two bedrooms, there is a bright living space as well as a modern kitchen with breakfast bar. It even has it’s own private balcony offering outside space for the apartment.
It is currently on the market for £112,500 and with the current tenants paying £575 PCM you could expect to see a gross yield of 6.1% which is £6,900 per year.
For more information, please give us a call on 01524 843322