Call the team on 01228 510 552 for more information
Residential investment opportunity - 2 self-contained flats
Residential investment property - a pair of self-contained flats situated just off the main street in Longtown some 7 miles north of Carlisle. The first floor flat is vacant and the ground floor flat is let on an Assured Shorthold Tenancy at £475 per calendar month. When fully let a gross yield of 16% should be attainable based on the guide price. Please note we have not had access to the ground floor flat and only the first floor flat will be available for viewing.
Tenure
See Legal Pack
What3words location ///cheese.fetching.nodded
Ground Floor - 1 Netherby Street - let on AST at £475 pcm
Hall Sitting Room 15'6 x 11' Kitchen 9'9 x 8' Bedroom 9' x 8' Bathroom 7'3 x 5'6 Bedroom 10' x 9'6
First Floor - 3 Netherby Street - vacant flat
Sitting Room 15'6 x 14'9 Kitchen 10' x 8' Bedroom 9' x 8' Bathroom 8'6 x 5'6 Bedroom 13'9 x 9'6
Outside
Rear yard with access via passageway to front street.
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Cumberland Council
Solicitors
Loynton & Co, Solicitors Ltd, Unit 13, Ref: Loynton & Co, Solicitors Ltd, Tel: 0121 327 0118
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 - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.