Scotforth Apartment with 7.3% Gross Returns

This week’s 60-second property investment comes from the popular Hastings development just off the A6 in Scotforth. This one-bedroom apartment offers a bright living space, modern bathroom and fitted kitchen. It needs a bit of cosmetic work doing to get it to a rentable standard but once done you could expect to achieve a £550 PCM income. Against the £90,000 asking price, that is a 7.3% gross yield which is £6,600 per year. If you are interested, give us a call on 01524 843322