Potential 7% gross return at this popular Lancaster development neighbouring the train station!

Looking through Rightmove today,  this one bed apartment at Bay View Court has caught our eye.  We currently successfully rent several other properties there for Lancaster landlords, hence our piqued interest.

This Lancaster apartment will yield a potential 7% annually

Expect a gross yield of 7% on this 1 bed Lancaster apartment

 

This one bed apartment is on the market at £82,500.  Snap it up for £80,000 and you’ll get a gross yield of 7% ( We expect it would rent for around £450 pcm ).

It looks to be in good decorative order.  The kitchen and bathroom are both modern.  The location is excellent on the edge of the city and just across from the train station.

Check out the details here.  If you’d like a chat about suitable tenants,  just give me call.  I’m here to help any local Lancaster landlord!