10 bedroom block of apartments for sale

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10 bedroom block of apartments for sale

Wastwater Road, Whitehaven, CA28
£395,000

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
Price Change -5.95%

Description

This block of four residential apartments in Whitehaven is an attractive investment opportunity, generating steady rental returns for the current landlord. The properties, which have 3- and 2-bedroom apartments, feature lounges, kitchens, bedrooms, storage space, and four bathrooms, as well as parking spaces. Currently, the properties produce an annual gross income of £25,200, which has the potential to increase to £32,664 with market-rate rents. With long-term tenants already in place, this is a worthwhile addition to an investor's portfolio, offering a strong potential for returns.