This week’s investment opportunity comes from Gerrard Street in the Marsh Area of Lancaster. This mid terrace offers good sized rooms, with two bedrooms, spacious living room and contemporary kitchen, all recently decorated. It has a generous yard to the rear and has some great local amenities just at the bottom of the street. It is ready for a tenant to move into!
It is currently on the market for £125,000 and with a rental income of £600 pcm, you could expect to see gross annual returns of £7,200 which is a 5.7% gross yield.
For more information, give us as call – JDG Estate Agents, Lancaster 01524 843322
https://www.jdg.co.uk/property-details/lancashire/lancaster/gerrard-street/31361675