Today’s 60 second investment comes from Vincent Street in the Primrose area of Lancaster. This mid terrace offers two spacious reception rooms, two bedrooms and a decent kitchen and bathroom. There is a boarded out attic room with Velux window but is only accessible by ladder. There is a generous yard to the rear. Close by there are some local shops as well as close access to the hospital, university of Cumbria and city centre.
It is on the market for £150,000 and with a potential rental income of £725 you could expect annual yields of £8,700 which is a 5.8% gross return.
For more information, click below or give us a call on 01524 843322
https://www.jdg.co.uk/property-details/-/lancaster/vincent-street/32427596