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Riverside Apartment in Lancaster with 6.7% Gross Return

Posted on Saturday, August 24, 2019

Today we have a great investment opportunity at Riverside Lofts on St George's Quay in Lancaster. This two-bedroom apartment has two bathrooms and a rather unusual feature. The walls between the bedrooms and the living room can move, allowing for large open plan living spaces or individual rooms. It is decorated in a neutral style and has a fantastic location right on the banks of the River Lune. It is on the market for £120,000 and we have previously achieved a rental income of £675 PCM which would see you a gross return of £8,100 per year which is a 6.7% gross yield. Give us a call on 01524 843322 to get a viewing booked in. https://www.jdg.co.uk/property-details/28571540