Lancaster canal-side 1 bedroom apartment – 5.7% Yield

This week I have found a hidden gem up at Crossdale Square – right next to the canal. This is a great little development located just minutes walk from the city centre. This is a first floor apartment with its own private entrance and communal gardens.

1 Bedroom Apartment at Crossdale Square – 5.7% Return


The apartment offers one good sized double bedroom, a modern fitted kitchen, decent living area and a three piece bathroom. The property is in good condition and would suit a professional couple or individual. Purely based on its great location I wouldn’t see any problem in renting this out for £475 PCM. It is on the market for £85,000 and even if we taken into consideration the service charge of around £67 PCM you cold be looking at a very healthy yield of £4896 per annum which equates to around 5.7% return.

It is definitely worth a look – here is your link: