Lancaster new build properties can be an excellent investment

Today we have a very interesting deal for you in the form of a new build home on St Georges Quay.  You might be wondering why I have picked this.

Lancaster new build properties can be an excellent investment

Africa Drive, St Georges Quay. A sensible rent would be £800 pcm

 

First of all, the asking price is £10,000 under market value.  The current owners have lived there 12 months.  They paid £181,495 for it in 2014.   Similar properties on the site today are being marketed brand new in the region of £185,000.

Secondly, there is nothing to do.  This home is virtually maintenance free and still has 9 years left on NHBC guarantee.

Thirdly,  it is 3 bedrooms.  Family home like this are in such short supply.

Finally,  if you asked £800 pcm rent,  you are going to get a gross yield of 5.8%.  Not bad at all for a home in a superb area, brand new and with nothing to do at all!

Check it out at

http://www.jdg.co.uk/property-details/26182079/lancashire/lancaster/africa-drive#.VwPBc_krKUk

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