Would you like a Lancaster student rental which yields a 13% return?

A 13% return is not to be sniffed at is it?

This 3 bed, 2 reception room has just gone up for sale.  It’s a student rental in an area of Lancaster which is very much in demand with students.

This student let grosses over £16,000 per annum

 

The home has been well maintained.  The bedrooms are all doubles.  The current landlord get £85 per room per week,  over 48 weeks of the year which gives a gross return of 13%.  It’s not to be sniffed at!

Check out the details here

http://www.rightmove.co.uk/property-for-sale/property-46565277.html