This week’s Lancaster investment comes from Peel Avenue in the Vale area of Lancaster. It offers three bedrooms, plenty of living space, a fitted kitchen and contemporary bathroom. It benefits from front and back gardens and even has off road parking which is always popular with tenants.
It is on the market for £165,000 and with a potential rental income of £800pcm you could expect to see gross returns of £9,600 per year which is a 5.8% gross yield. Don’t forget to consider all of your expenses to work out your net yield!
For more information, give us a call on 01524 843322 or click the link below:
https://www.jdg.co.uk/property-details/-/lancaster/peel-avenue