Are you thinking about investing in property? The stock market is volatile, the bank interest rate is almost non-existent. Property however has remained a good investment and the demand for rentals is growing.
At first glance, today’s buy to let deal might not seem like the best return. However, this is a property which should be seriously considered. Here are our reasons.
- It is already let. Whilst the gentleman is on a rolling contract, he would like to stay. He’s a great tenant who’s always paid his rent and lives immaculately.
- The rent paid each month is £550 pcm. There has been no rent review in the 5 years he has lived there.
- It is in an excellent location – close to the city centre, Grammar School, Williamson Park and the University of Cumbria.
We have managed this property for over 5 years and we can honestly say we have never had any issues at all. There has been the odd repair but nothing out of the ordinary.
Check out the details here.
https://www.jdg.co.uk/property-details/lancashire/lancaster/balmoral-road-2/30067290
Call us on 01524 843322 to arrange your viewing!