Expect a gross return over 8% on this Lancaster 3 bed duplex apartment

Every so often you come across a property which surprises you.  It makes you scratch your head and wonder, why has that not sold??

 

Expect a return over 8% on this 3 bed Lancaster apartment

West Road, Lancaster A great location, only a few minutes walk from the train station

 

This is certainly the case with this duplex apartment in Lancaster.  It’s close to the train station,  local amenities are within a short stroll,  there’s even private parking.  With bedrooms and 2 reception rooms it looks relatively cheap at £75,000.

This property has been for sale at least 18 months.  It’s been reduced in price.  Now it is going to auction.  We think you could rent this out for £550 pcm.  If you considered putting students in, your return would be even higher.

Check out the details here

http://www.rightmove.co.uk/property-for-sale/property-34064208.html