Expect a 9% gross yield on this Lancaster Property

Todays property is in area you might not a first consider for a buy to let.  The Marsh Estate.

Hazel Grove is for sale at just £70,000.  Rent this at £450 pcm

 

There is a saying,  the greater the risk, the higher return.   Is this really a risk though?

Hazel Grove is a well presented house.  It’s fully double glazed and gas central heated.  It is a well maintained home.  With 2 bedrooms and a decent size garden,  it will certainly rent.  Plus it is also close to the city centre and train station!

You’ll want to do some cosmetic work ( it’s slighly dated ) however once done, expect to rent it out at £450 pcm.

The high return does make it very appealing indeed!

http://www.rightmove.co.uk/property-for-sale/property-46567119.html