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5 bedroom flat for sale
Main Street, Egremont, CA22 2DW
£135,000
Main Street, Egremont, CA22 2DW
£135,000
Price History
Initial price | £140,000 |
10/07/24 | £135,000 |
Price Change | -3.57% |
Description
This property is a unique investment opportunity that offers two fully furnished and tenanted town centre flats for the price of one. The flats are in great condition and are currently generating a 21% gross yield, with an annual income of £30,000. The smaller flat, 18a, has two bedrooms and is rented for £1,000 per month, while the larger flat, 18b, has three bedrooms and is rented for £1,500 per month. The flats are located in the town centre, close to shops, pubs, and leisure facilities, and are also within easy reach of Sellafield and the western lakes. The current owners are willing to extend the leaseholds or give buyers a share of freehold, subject to separate negotiation. This is a rare opportunity to buy two investment properties for the price of one, with a high yield and potential for long-term growth.