Excellent buy to let in Lancaster – St Georges Quay

This is a chance to buy your slice of history and a great buy to let property at the same time.

We have some great ideas on this top floor duplext apartment, and a variety of ways you could let it out!

25 St Georges Quay dates back to approximately 1765 and was originally owned by Captain Dodgson Foster, a renowned sailor of the area.

Today this period property has been converted to provide 3 apartments.

Flat 3 is the upper floor duplex, offering fantastic views from both the front and rear elevations. It is full of original character and features. Both bedrooms are doubles.

You could…..

  1. Let this as a professional let for £650 pcm. This would give you a 5.7% gross yield
  2. Let this to two flat sharers. It would still be a professional let, however as flat share, individiuals tend to pay £400-£450 pcm (bills included). Your gross yield could now be as high as 8%
  3. Air Bnb / Holiday let. This property gets very interesting as a holiday let. It could easily let for £90 per night. Why not make it a minimum over 3 night bookings? If it just let for long weekends only, it would give a gross income of £1080 per month. If it let for every night in the year ( we know this won’t happen ) it would give an income of £32,850.

St Georges Quay gives you options. Check out the full details below


Pros – Fabulous views over the river. Superb location. Quirky Character

Cons – No lift and this apartment is on the top floor! Older buildings tend to need more maintenance.