Superb Investment. South Lancaster Flat for just £78,000

We took a 2nd look when we saw this one bed flat available for sale on Larchwood, Hala at just £78,000.   We were also pleasantly surprised to see it’s in relatively reasonable order.

Superb Investment.  South Lancaster Flat for just £78,000

Expect to achieve a gross yield in the region of 6.9%


Take a look at the details.  The kitchen is original but it’s not a bad size.  The lounge is spacious and there is even storage with built in wardrobes in the bedroom and a useful cupboard in the hallway.  There is even a parking space.

The management fees at Larchwood are advertised as low ( there are no costly lifts and the development is realistically not that old ).

What do you think?  We know we could rent this easily at £450 pcm.  It’s perfectly positioned for staff at the hospital and universities.  Even if you paid the asking price,  you’d see a gross annual yield of 6.9%

Check it out on Rightmove.  It’s for sale with Farrell Heyworth.  This should sell quickly.  Don’t delay!

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