This week’s Lancaster investment opportunity comes from Gerrard Street in the Marsh area of Lancaster. It is very well presented, ready for tenants to move into.
The ground floor offers a good sized lounge with feature fire and a kitchen to the rear with space to dine. Upstairs there are three bedrooms – two doubles and one single which would make a great study for people working from home. To the rear there is a low maintenance garden with space to sit out.
It is on the market for £145,000 and with a rental income of £700pcm you could expect to see annual gross returns of £8,400 which is a 5.7% gross yield.
For more information, please give us a call on 01524 843322 or email josh@jdg.co.uk
https://www.jdg.co.uk/property-details/lancashire/lancaster/gerrard-street-1/32111440
