Today’s property deal won’t hang around for long.
Mill House, Moor Lane, Lancaster
Expect to rent for £450 pcm
There aren’t many apartments in the city centre available at just £80,000. Especially with private parking and it’s own private entrance.
Mill House is brand new to the market. It’s going to need approx £5000 spending on it, maybe a tad more if you pay tradesmen!
Rent it out at £450 cpm and you’ll yield around 6%. You could also rent the car parking space for extra. Car parking is in demand in the city.
Find the full details here
http://www.rightmove.co.uk/property-for-sale/property-46481106.html