This week’s 60 second investment comes from Primrose Court in Morecambe. This apartment has recently had a new kitchen and bathroom fitted giving a contemporary feel. There are two bedrooms as well as a generous lounge. The property also benefits from a private garage at ground floor level. It has easy access into the town centre and back to the Bay Gateway to get further afield.
It is currently on the market for £115,000 and with a potential rental income of £550pcm, you could expect to see gross annual returns of £6,600 which is a 5.7% gross yield.
If you are interested, please don’t hesitate to give us a call on 01524 843322 or email josh@jdg.co.uk
https://www.jdg.co.uk/property-details/-/morecambe/primrose-court/32218005