This week’s 60 second investment comes from Hillmount Avenue in the Heysham area.
We have a 2 bedroom ground floor apartment which is very well presented and has a modern bathroom and kitchen. The property is double glazed and has recently had a new boiler put in for the gas central heating. It is in a popular area with some good local amenities and easy access into Morecambe and to the bypass leading to the Bay Gateway and further afield. This property is also currently tenanted.
It is currently on the market for £130,000 and with a potential income of £575 pcm you could expect to see annual yields of £6,900 which is a 5.3% gross return.
For more information or to book a viewing, give us a call on 01524 843322 or email josh@jdg.co.uk
https://www.jdg.co.uk/property-details/lancashire/morecambe/hillmount-avenue-1/32232632