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Residential investment property - 3 flats - fully let at £12,000 pa
A substantial town house comprising three flats which are all let on Assured Shorthold Tenancies producing £12,000 per annum giving a gross yield at the guide price of 16%.
Tenure
See Legal Pack
Flat 1
Ground Floor - Lounge, Kitchen, Utility Room, rear access to car park area, WC in rear lobby. Basement - Bedroom with shower/WC, Bedroom, Shower Room.
Flat 2
First Floor - Lounge, Kitchen, Bathroom/WC, Bedroom.
Flat 3
Second Floor - Lounge, Kitchen, Bathroom/WC, Attic Room, Bedroom, Bedroom.
Services
Mains gas, water, electricity and drainage. Each flat has its own gas boiler for hot water and central heating (radiators). Each flat has a separate coin operated electric meter. Communal areas include an entrance hall, stairs to upper floors, first floor store and parking at the rear for two cars.
Energy Efficiency Rating (EPC)
Current Rating TBC
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Copeland Borough Council
Solicitors
Oglethorpe & Broatch, 6 Borrowdale Road, Keswick, CA12 5DB, Ref: Claire Madden, Tel: 01768 772125
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £720 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.