This week’s Lancaster investment opportunity takes us to Denmark Street in the Marsh area of Lancaster. This two bedroom end terrace is currently tenanted with a long term tenant who is looking to stay. It is a little larger than most terraces give its location at the end of the street. There is a modern kitchen, 4 piece bathroom and a handy yard to the rear. Close by there are local amenities and walks as well as easy access to the City Centre and St Georges Quay.
it is on the market for £120,000 and the tenant is paying £520pcm. This brings in an annual income of £6,240 which is a 5.2% gross return.
For more information or to book a viewing, give us a call on 01524 843322
https://www.jdg.co.uk/property-details/lancashire/lancaster/denmark-street-1/31572699