This week’s 60 second investment comes from Mill View House in the popular Aalborg Place development in Lancaster. It has an excellent location right next to the canal and local restaurants and bars as well as easy access straight into the city.
The apartment itself is a modern studio with contemporary kitchen and bathroom. It has some fantastic built in storage to keep the space clean and tidy and what’s more is that it has an entire double fold down bed hidden seamlessly in the storage units – helping to maximise the living space.
It is on the market for £110,000 and with a potential income of £675pcm you could expect to see annual gross yields of £8,100 which is a 7.3% gross return.
For more information please click below or give us a call on 01524 843322
https://www.jdg.co.uk/property-details/-/lancaster/mill-view-house-aalborg-place