GUIDE PRICE £125,000+
FOR SALE BY ONLINE AUCTION. BIDDING OPENS AT 1PM ON MONDAY 19TH OCTOBER 2026 AND CLOSES AT 11AM ON TUESDAY 20TH OCTOBER 2026.
For bidding registration, please visit auctionhousecumbria.co.uk
Description
GUIDE PRICE £125,000+
FOR SALE BY ONLINE AUCTION. BIDDING OPENS AT 1PM ON MONDAY 19TH OCTOBER 2026 AND CLOSES AT 11AM ON TUESDAY 20TH OCTOBER 2026.
For bidding registration, please visit auctionhousecumbria.co.uk
Town centre investment property 16.5% gross yield
A freehold, town centre investment property occupying a prime position which comprises 4 self-contained residential units plus a vacant former warehouse/office unit behind which is capable of further development subject to planning consent.
All 4 units are let producing an immediate income of £20,616 per annum, a gross yield of 16.5% at the guide price.
What3words location ///improving.assets.sober
Unit 7 - Ground Floor Studio let at £373 per month Vestibule
Living room/bedroom - 18'3 x 11'3
Kitchen - 6'9 x 4'3
Shower room - 7' x 4'6.
Unit 7a - first & second floor maisonette let at £489 per month Approached via side passage to rear yard area.
First Floor -
Sitting Room - 13'6 x 11'3
Kitchen - 8'9 x 8'
Second Floor -
Bedroom - 11'3 x 7'6
Bathroom - 11'9 x 7'9.
Unit 9 - ground floor studio let at £373 per month Vestibule
Living room/bedroom - 14'9 x 13'6 + recess
Kitchen - 10' x 4'
Shower room - 6'9 x 3'9 ave.
Unit 9a - first & second floor maisonette let at £483 per month Approached via side passage to rear yard area.
First Floor -
Sitting Room - 14'3 x 13'
Kitchen - 10'6 x 8'
Bathroom - 10'9 x 5'
Second Floor -
Bedroom 1 - 12'9 x 7'3
Bedroom 2 - 13' x 10'9
Vacant rear former warehouse/office unit
Services Water: billed individually to each unit
Electric: 2 bills / 2 supplies - one to 7 / 7A, one to 9 / 9A.
4 individual automated meters.
Gas: 4 supplies, billed directly from provider
Tenure: See Legal Pack
EPC Rating: C
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.
Administration Charge
Administration Charge is a non-refundable 1.2% inc VAT (subject to a minimum of £1,500 inc VAT) payable on the fall of the virtual gavel.
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- Block of Apartments
- 5 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 01228 510 552 for more information
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