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 first 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.
See Legal Pack
Ground Floor Flat 1 - vacant
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 - let at £81 per week
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'.
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.
Please telephone 01228 510552
Energy Efficiency Rating (EPC)
Current Rating D C D
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Carlisle City Council
Administration Charge - £1200 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.