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Lancaster Centre Student let with 9.4% Gross Return | JDG Estate Agents

Posted on Thursday, November 17, 2022

This week’s Lancaster Investment comes from St Leonards Gate in the Bulk area of Lancaster. This is a 4 bedroom, mid-terrace property with a shared kitchen/lounge and shower room. It is currently let for this academic year and is run by LUSU and is university accredited.  The property has been used as an HMO for many years prior to the introduction of Article 4 and so can continue to be used as such.  It is on the market for £200,000 and is currently bringing in £18,816 gross which is a 9.4% gross return. If you are interested in this exciting opportunity please get in touch on 01524 843322 https://www.jdg.co.uk/property-details/lancashire/lancaster/brookside-drive/31917490