This week’s 60 second investment is a one bedroom apartment in a beautiful Georgian building on Queens Street in Lancaster City Centre. It offers bright and airy rooms with high ceilings and a contemporary kitchen and bathroom. It also comes with some outside space which is a rarity for an apartment this close to the city centre!. An added bonus is that is has a fully converted, spacious basement which could be used for a whole host of things. Perfect for that professional tenant who needs some extra space.
It is on the market for £125,000 and with a rental in come of £575PCM you could expect to see gross returns of £6,900 per year which is 5.5%
If you fancy a viewing, give us a call on 01524 843322.