This Lancaster Apartment will give you a gross return of almost 7%

This is an apartment which we have been managing for the current owner.  He’s an accidental landlord, hence he now wishes to sell!

Water Street, Lancaster Expect to achieve a rent of £625pcm

Water Street, Lancaster
Expect to achieve a rent of £625pcm

 

This apartment could give you a gross return of 6.8%.  It is in a great city centre location, close to the bus station with Sainsbury’s almost on your doorstop.

We have been renting it for £625pcm.  Past tenants have loved the convenience of the location and also appreciated the fact this home has parking,  something which similar priced often apartments lack!

You might be interested to know that they paid £124,950 for this, so at £115,000 it really is a great deal!

Check out the details here on Rightmove