This a superb first floor apartment in a gated Lancaster development. It’s good to see that the selling agent has included all the relevant management charges in the details. It’s also only council tax band A, which will get a thumbs up from prospective tenants.
There isn’t any parking available with the flat but the facts there is a bike store is a huge plus. Also being in the heart of the city, the bus station and train station are just 5 minutes walk.
If you could snap this flat up for £90,000, you should expect a gross yield of 6.6%. Check out the details here
http://www.rightmove.co.uk/property-for-sale/property-35132427.html
We rent other 1 bed apartments out in this development at £500 pcm. It’s a popular choice for tenants.
If you are considering investing in the local property market and want some free advice, drop me a line at john@jdg.co.uk.