Many investors, especially those who are entering the market for the first time are cautious and rightly so. Many are wondering, where is the best place to invest money. Is it still in property?
We think so. But we would wouldn’t we!
Take a look at this modern 2 bed end town house. It features a new kitchen and boiler in 2014 so you don’t have to worry about replacing those. It has a garden and parking, always a popular request with tenants. The location is excellent. The train station is just a few minutes away.
Richards Walk, The Willows. Just 5 minutes from Lancaster train station
What attracts us though is the price. We’d happily put this up for rent at £500 cpm which gives you a healthy 6% gross return and that’s if you pay the full asking price. Far better than a bank. The good thing is new build companies aren’t building them this cheap, yet they are building in this area.
It’s up for sale with IBAY homes and has been since January so you might get on a good deal on it! . Check it out
http://www.rightmove.co.uk/property-for-sale/property-57642782.html
If you want to talk about renting this one out and how to find a great tenant, pop in and see me at my JDG offices, 58 Market Street, Lancaster. Ask me about rent guarantee too which is designed to give you total peace of mind!