This week’s 60 second investment takes us to St Catherines Court in the City Centre of Lancaster.
This 2 bedroom, ground floor apartment is presented to a high standard with recent decoration, new kitchen and new bathroom. It is ready for a tenant to move straight into! Its location gives great access to all of the city centre shops, restaurants and bars as well as access up onto the canal for relaxing walks.
It is currently on the market for £130,000 and with a rental income of £600pcm you could expect gross yields of £7,200per year which is a 5.5% gross return.
If you are interested, please give us a call on 01524 843322