This week’s 60 second investment comes from Westham Street in the Primrose area of Lancaster. It is a two bedroom mid terrace which is very well presented and ready for a tenant to move into. It has a modern kitchen and bathroom and would attract a whole range of tenants given its great proximity to the University of Cumbria, the Hospital and is in walking distance to the city centre.
It is on the market for £137,500 and with a potential rental income of £700pcm, you expect gross annual yields of £8,400 which is a 6.1% gross return.
For more information, please click below or give us a call on 01524843322.
https://www.jdg.co.uk/property-details/-/lancaster/westham-street/32665856