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Galgate mid-terrace with HMO potential and 6.8% gross returns | JDG Estate Agents

Posted on Wednesday, January 4, 2023

This three bedroom mid terrace is located on Main Road in Galgate. Having previously been an HMO this property offers plenty of space across the three bedrooms, two reception rooms and two bathrooms. It also has a galley style kitchen to the rear. Having recently been redecorated it is ready for tenants to move into. It is ideally located for the University and access to the M6.  It is currently on the market for £130,000 and with a standard private rental income of £750pcm, you could expect to see annual gross returns of £9,000 which is a 6.8% gross yield.  For more information, give us a call on 01524 843322 or email josh@jdg.co.uk    https://www.jdg.co.uk/property-details/lancashire/lancaster/main-road-1/31895114