This two bedroom terrace on Ridge Street in Lancaster would make a fantastic investment. It is conveniently located close to local amenities as well as easy access to the city centre. Lancaster Canal is also close by.
The property itself tis well presented with a good sized lounge, two bedrooms and a modern kitchen and bathroom. It has a generous yard to the rear.
It is currently on the market for £125,000 and with an estimated rental income of £625 pcm you could expect to see an annual gross yield of £7,500 which is a 6% gross return.
For more information, please give us a call on 01524 843322 or email josh@jdg.co.uk