Wastwater Road, Whitehaven CA28 10 bed block of apartments for sale

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Wastwater Road, Whitehaven CA28 10 bed block of apartments for sale

Wastwater Road, Whitehaven, CA28
£375,000

Price History

Initial price £420,000
18/11/24 £415,000
22/11/24 £410,000
29/11/24 £405,000
13/12/24 £400,000
20/12/24 £395,000
02/01/25 £390,000
10/01/25 £385,000
17/01/25 £380,000
30/01/25 £420,000
27/02/25 £415,000
13/03/25 £410,000
20/03/25 £405,000
27/03/25 £400,000
03/04/25 £395,000
09/04/25 £390,000
18/04/25 £385,000
25/04/25 £380,000
30/04/25 £375,000
Price Change -10.71%

Description

This block of four residential apartments in Whitehaven is a lucrative investment opportunity for landlords. The properties, which currently generate a steady annual gross income of £25,200, feature three-bedroom and two-bedroom apartments with lounges, kitchens, bedrooms, storage space, and four bathrooms. With parking spaces available, the properties are well-appointed and offer a comfortable living space for tenants. The current landlord is reaping rewarding rental returns, and the new owner has the potential to increase the annual gross income to £32,664 by raising the rent to market rate. With a purchase price that will yield a worthwhile return on investment, this is an attractive opportunity for investors looking to expand their property portfolio.