This two bedroom terrace is in an ideal location for local transport links, the M6 and Lancaster University – making it popular with renters.
It offers 2 bedrooms, a bright living space and a modern kitchen and bathroom. It also has a fenced-off yard to the front which offers plenty of sunshine and can also be used as private parking.
It is on the market for £100,000 and is currently tenanted at a rental price of £475. This gives an annual income of £5,700 which is a 5.7% gross return on the asking price. Definitely worth checking out!
Give us a call on 01524 843322 for more information.
https://www.jdg.co.uk/property-details/lancashire/lancaster/makinsons-row/28982601