This recently reduced Lancaster property could bring you a decent 6% gross yield

I have just spotted this recently reduced Lancaster property on Briery Street – I don’t think it will be long on the market at it’s new price of £110,000.

How about a 6% yield on a tenant-ready property?

 

The mid-terrace house is practically tenant ready, being beautifully presented with 2 double bedrooms and good living areas. Both the kitchen and bathroom are modern and tidy. It is fully double glazed and has GCH. A great bonus that will attract your tenants is it’s neat garden with planters and space for a table and chairs. It is located in a great area, near St Georges Quay as well as the train station and access to the one way system.

Tenants would snap this up at £550 PCM so at the full asking price of £110,000 you could expect a gross return of 6%.

Tempted? Grab this great opportunity while it is still here – here’s your link:

http://www.rightmove.co.uk/property-for-sale/property-45255069.html