This two bedroom, Victorian terrace on Ullswater Road in Lancaster has been finished to a fantastic standard – ready for tenants to move in to. It has two double bedrooms as well as a modern kitchen and bathroom. There are two, well decorated reception rooms. One of the best features of this property is its generous garden to the rear.
It is on the market for £165,000 and with a rental income of £700 pcm you could expect to see yields of £8,400 per annum which is a 5% gross return.
Whilst this is a little less than the normal yields you may look for, it’s location and presentation will really appeal to tenants so you could expect a long term tenant with low void periods.
For more information, give us a call on 01524 843322