If you are looking for a family style rental, here at the Lancaster Property Blog, we think this 3 bed family home on Barley Copp Lane is worth serious consideration.
Barley Copp Lane, Lancaster. On the market at £100,000
Think about it. You are likely to get a long term tenant and we all know families with children don’t like the upheaval of moving often!
The bedrooms are a great size. There is even an ensuite to the master bedroom and ground floor wc. All for just £100,000.
With local shops and the bus stop on your doorstop, we think its one to look at.
If you paid the asking price and rented it out at £500 pcm, you would expect a gross yield of 6%. Personally though we would expect you to achieve in the region of £550 pcm ( a 6.6% gross yield at the full asking price )
http://www.rightmove.co.uk/property-for-sale/property-36628017.html