Todays property deal is already giving a gross yield of 13.8%. It’s already let out for the academic year 2016/17. And it already fully complies to all the regulations needed for student lets.
Our landlord basically wants to sell as he now has other interests.
This Lancaster property is in a key area for student rentals. Based on the edge of the city, students are just a short walk from the bus station, close to the canal and if they fancy a night out in one of Lancaster’s many bars, they don’t even have to pay for a taxi home.
Our landlord is asking just £130,000 for this property. With 4 letting rooms, it is producing an income of £18,000. Pretty impressive!
I don’t have any internal photos as there are students currently residing there. Nor do I have a link to share with you. However if you want to arrange a private viewing call me at my Lancaster Office on 01524 843322 or email me at firstname.lastname@example.org
This is really is a great investment deal!