Look past the wood chip wallpaper and the fact the bathroom needs some attention. This house in Moorlands looks to be a superb deal and to be honest the current tenant looks to have the house nice. With an asking price of just £90,000 we were expecting it to need quite a bit of work!
Dundee Street, Lancaster. Currently let for just £495pcm
This 2 bed terrace is on a very popular street. Our own agency has recently sold houses on this same street in excess of £110,000. The details state it is also currently let at £495pcm. This gives a gross yield of 6.6% per annum if you pay the full asking price.
We think this will get snapped up quick. You need to contact Entwistle Green on this. Try and get it completed before the end of March and you won’t have to pay the increased stamp duty rate too!
http://www.rightmove.co.uk/property-for-sale/property-40275519.html?premiumA=true