Investment property let on AST at £4,200 pa = 14% gross yield

Tenanted two bedroom terraced property with gas central heating and uPVC double glazing located close to the University of Cumbria and City centre. Ideal investment property let on an Assured Shorthold Tenancy at £350 pcm. It comprises: hall, lounge, dining kitchen, utility room and bathroom to the ground floor, two bedrooms to the first floor. Whilst the property appears to be in reasonable condition it would benefit from modernisation and some repair work and there is a crack (see photo) in the wall in utility room in the single storey extension which may require some structural repair.

Tenure

See Legal Pack

Entrance Hall

Lounge 11'3 x 11'

Dining Kitchen 11'3 x 11'

Utility Room 8'9 x 7'3

Bathroom 7'3 x 6'3

Front Bedroom 15' x 11'

Rear Bedroom 11' x 9'6

Viewing

There will be no internal viewings of this property

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

Carlisle City Council

Additional Fees

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.