This two bedroom terrace is for sale on Ridge Street in the Bulk area of Lancaster. As well as the two double bedrooms, it offers good sized living space and kitchen as well as a modern bathroom and rear enclosed yard.
Whilst it does need some redecorating and a new kitchen, we reckon with a £5,000 budget you could bring it up to a great renting standard.
It is currently on the market for £90,000 and with the £5,000 investment you could see a rental income of £525 PCM which would bring in a healthy 6.6% gross return on your investment.
It is worth having a look at to see what you would like to do with the property – get a viewing booked in by calling 01524 843322.