Amazing 6.7% Gross Yield on This North Lancaster Terrace

One of our landlords has decided after a very successful period of letting his house on Alexandra Road to sell it and, doing the calculations, this would make a fantastic investment.

The mid terrace home offers two decent sized bedrooms, a bright lounge with feature fireplace and modern kitchen and bathroom. Instead of the drab yards that can often be seen with some terraces, they have made this one into a pleasant space to spend time in with a raised seating area and outhouse.

The landlord has rented this property out recently for £475 PCM, bringing you in £5,700 PA and with an asking price of only £85,000 you could be getting a gross return of 6.7% – what isn’t there to love about that?!

It is well worth a look and with the landlord recently repainting and professional cleaning being done, it would be ready for your new tenant to move in!

Check it out here: