An apartment at Storey Hall, Lancaster for just £120,000?

We’ve had a little blip on Rightmove today where one of our rental properties accidently came available.  I say accidentally as we have a tenant already quite happily living there.  Overnight this one little advert generated 6 enquiries and several phone calls this morning.

The property is at Storey Hall.  We rent it out furnished at £650 pcm and have done for several years.  It’s sadly not available!

However because of these calls I quickly looked on line and couldn’t help but notice an almost identical apartment up for sale with another agent.  It’s also a great price too.  If you paid the full asking price of £120,000, it would give you a gross return of 6.5%!

An apartment at Storey Hall, Lancaster for just £120,000?

Here at JDG we already let out an almost identical apartment for £650 pcm

 

These apartments rent out very well to professionals, often those who work at the hospital or university.  This type of tenant though does like furnished properties so it would be worth considering lightly furnishing it!

Check out the details below and if you are thinking of purchasing, give me a shout.  I might have a tenant ready waiting!

http://www.rightmove.co.uk/property-for-sale/property-41069301.html

 

 

 

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.