Ready to rent terrace in the popular Primrose area – 5.6% Gross Returns

This week, I have found this great Lancaster property on Eastham Street in the popular Primrose area. It is within 15 minutes walk to the city centre and close by to local transport links making it an easy to rent out investment.

Primrose Area Lancaster terrace with 5.6% Gross Yield

 

The property offers 2 double bedrooms and modern kitchen and bathroom as well as a decent sized living area. As you would expect the property has double glazing and gas central heating throughout.  The house has been gradually refurbished over the past five years.

The property is currently tenanted and receives £525 PCM so at the asking price of £112,500 you could be looking at a gross yield of 5.6%

With a tenant in situ this is a great opportunity to get a good investment.

Here is your link:

http://www.rightmove.co.uk/property-for-sale/property-46817946.html