For Sale By Auction | 18:30, 17 April 2019 | Lot 48

Flats 1-8, Bank House, 2 High Street, Windermere, Cumbria, LA23 1AF

Sold £420,000

  • Block of Apartments
  • 8 Bedrooms
  • Tenure: See Legal Pack

Call the team on 01228 510 552 for more information

Auction Date

Wed 17/04/2019

Auction Time

18:30

Auction Venue

Coronation Hall County Square, Ulverston, LA12 7LZ

Viewing Times:

Fri 29 Mar

13:00-14:00

Investment opportunity in a popular location

A rare opportunity to purchase 8 self contained bedsits/apartments. The apartments form a large portion of the property comprising a part of the former Natwest Bank, the bank does still occupy the other side of the building. The 8 bedsits/apartments are set out over the second (flats 1-6) and third (flats 7-8) floors. They all have kitchens, shower rooms and gas central heating from their own boilers. Five flats are currently tenanted, and when fully occupied would produce an income of £45,000 PA.

Tenure

See Legal Pack

Rents

Flat 1 - tenanted - £440pcm Flat 2 - tenanted - £450pcm Flat 3 - tenanted - £440pcm Flat 4 - tenanted - £450pcm Flat 5 - vacant - previously let at £400pcm Flat 6 - tenanted - £525 pcm Flat 7 - vacant - previously let at £525pcm Flat 8 - vacant - previously let at £525pcm

Viewing

To view please call 015394 47825

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

South Lakeland District Council

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.