This week’s 60 second investment comes from The Hastings in the Greaves area of Lancaster. This is a very well presented 1 bedroom, top floor apartment with open plan living, modern kitchen and contemporary bathroom. It comes with its own dedicated parking space as well as visitor spaces on site. Close by there are some good local amenities and easy access to both the city centre and university via the A6.
It is on the market for £115,000 and with a potential rental income of £625 pcm, you could expect to see annual gross yields of £7,500 which is a 6.5% gross return.
For more information, please click below or give the office a call on 01524 843322.
https://www.jdg.co.uk/property-details/-/lancaster/the-hastings/32582122