This week’s 60 second investment comes from Grove Court on Brunton Road in the Greaves area of South Lancaster. This is a fantastic first floor apartment which is well presented and recently decorated. It has a modern kitchen and bathroom. It also comes with its own allocated parking space which is very handy in this area as on street parking can get a bit busy!
We have successfully let the property below and properties in this area always tend to rent well due their proximity to the hospital and easy access via local transport to the university and city centre.
It is on the market for £115,000 and with a potential rental income of £625, you could expect to see annual gross returns of £7,500 which is a 6.5% gross yield.
For more information, please click below or give us a call on 01524 843322
https://www.jdg.co.uk/property-details/-/lancaster/grove-court-brunton-road