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Outside, front of unit
Kitchen
Reception
Bedroom
Bathroom
Bedroom 2
EPC
1 of 7

Pointer Court is a newly renovated residential block of flats in Scotforth, south of Lancaster

£140,000
Apartment
VES-LA1-003

Features


USE
Residential

TENURE
Leasehold

PRICE
£140,000

RENT PER ANNUM
£9,900

GROSS YIELD
7.1%

2 bedrooms

1 bathroom

1 reception room

645

Fully Furnished

Vacant

Leasehold Details

  • Length of lease: 125 years, starting on completion of sale
  • Ground rent: £250 pa
  • Service charge: £872 pa

Tenancy Details

  • Expected rent: £825 pcm; £9,900 pa
  • Expected Gross yield: 7.07%
  • Tenancy type: Property is vacant

Floorplans

Floorplan

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Lancaster

Scotforth is a suburb in the south of Lancaster, situated 0.9 from the centre of Lancaster and 1 mile of Lancaster Railway station, 3.5 miles inland of Morecambe Bay. Lancaster is about 22 miles north of Preston with access to the M6 motorway within 1mile distance.

This area is served by Lancaster railway station which is one of the principal stations on the West Coast Main Line. Virgin trains operate express trains from London Euston to Glasgow and Transpennine Express operate express services form Manchester Airport and Preston to Edinburgh and Glasgow via the West Coast Main Line. This property is just a short 15-minute walk away from the station so could make it an ideal location for commuters.

The location offers a variety of career and entertainment opportunities such as The Lancaster Grand Theatre, The Great Hall in Lancaster University and many other cultural attractions in the local area. There are also various retail options in the local area such as at the Glasson Dock which features over 40 boutiques and local stores making for a more personal shopping experience. Market Gate is the heart of the vibrant retail centre and is home to a wide range of national and independent stores, as well as coffee shops, restaurants and pubs for when one is ready for a break.

This location could be perfect for a young family looking for local educational opportunities for their children such aas Bowerham Community Primary school which offers schooling to the age of eleven. Ripley St Thomas C of E Academy is also located here offering mixed-sex education and also features a sixth form.

Ashton Road,

Lancaster,

Lancashire,

England,

LA1 4JH


Performance

GROSS RENTAL YIELD
7.1%
RENT PER ANNUM
£9,900
HPI GROWTH (5 YRS)
20.5%

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