Psst… I have just been told about a great, not-yet-on-the-market, terraced property on Green Street in Lancaster. It is perfect as a student rental (HMO Compliant) – located within easy reach of the city centre and it’s all important bus routes but for those students lucky enough to have a car there is also plenty of on street permit parking.
Fantastic investment opportunity with a potential gross yield of over 17%
Offering 5 bedrooms, plus living space, the current owner was able to get £90 per week per student. Based on the standard 48 week contract you would expect to earn a fantastic gross yield of just over 17% – what a return!
As this property is currently not live on the market, pop in to the office or give me a call on 01524 843322