Today’s Lancaster investment opportunity comes from South Road in central Lancaster. It is a well proportioned, 1 bedroom basement apartment with access to communal gardens and a parking space – a rarity this close to the centre! It is in easy access to the shops, restaurants and bars of Lancaster as well as walks along the canal.
It is on the market for £110,000 and with a potential income of £650pcm you could expect to see gross annual returns of £7,800 which is a 7% gross yield. Remember to consider your other expenses when calculating your net yield.
If you are interested, please give us a call on 01524 843322 or click below for more information: https://www.jdg.co.uk/property-details/-/lancaster/south-road-1