This week’s Lancaster investment opportunity comes from Pinfold Lane in the Skerton area of Lancaster. It is a two bedroom mid-terrace with open plan living, a modern kitchen and two decent bedrooms. Close by there are some shops, takeaways and access to walks along the river Lune.
It is on the market for £115,000 and with a potential rental income of £700pcm, you could expect to see a gross annual return of £8,400 which is a 7.3% gross yield. Always remember to calculate your other upfront and ongoing expenses to work out your approximate net yield.
If you are interested, please give us a call on 01524 843322 or click below for more information: https://www.jdg.co.uk/property-details/-/lancaster/pinfold-lane