Call the team on 01228 510 552 for more information
City centre residential investment property - 4 flats
A three storey town house situated near the City centre which comprises 3 self contained flats plus a separate fourth unit at the rear. The ground floor flat is let on an Assured Shorthold Tenancy at £81 per week, the rear Coach House is let at £220 per month on a regulated tenancy - see legal pack. Two flats are vacant. The immediate income is £6,852 per annum with potential to provide a gross yield in excess of 16% when fully let.
Tenure
See Legal Pack
Ground Floor Flat 1 - let at £81 per week
Sitting Room - 15' x 12'9 + bay; Inner Hall; Bedroom - 13'9 x 13'6 overall; Kitchen - 10' x 10'; Utility ; Bathroom - 9'9 x 5'.
First Floor Flat 2 - vacant
Hall; Sitting Room - 13' x 11'3; Bedroom - 13' x 8'; Kitchen - 13'9 x 6'9; Bathroom - 9'6 x 5'.
First Floor rear landing - 2 vacant rooms
Rear Room - 9'9 x 9'6; Side Room (former bathroom) - 11' x 6'6
Second Floor Flat 3 - vacant
Hall; Sitting Room - 12'9 x 11'9; Bedroom - 13'3 x 8'6; Kitchen - 13'9 x 6'9; Shower Room - 5'6 x 5'.
Coach House
This is a separate unit at the rear of the property which we understand is let at £220 per month on a regulated tenancy. We have not had access to this part of the property and no viewings of it are possible.
Viewing
Please telephone 01228 510552
Energy Efficiency Rating (EPC)
Current Rating D C D
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Carlisle City Council
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 - £900 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.