Is this Lancaster house the property bargain of the week?
If you are looking for an investment, especially in the student sector, this Lancaster home (which is 2 minutes away from the train station) is a must consideration.
Taking a look at the floor plan you can easily see there are 5 letting rooms ( 4 double bedrooms plus a reception room). The bathroom is big enough to re-configure and get an extra toilet in.
If you let this at just £80 per room per week and charged for just 40 weeks of the year, you’d expect to see a gross yield of 13.3% and that is at the full asking price!
Take at the look at the details. You’ll need to do some updating but what do you expect at this price!
Ps. The university bus also passes close by on Willow Lane. Another plus for students!