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10 bedroom block of apartments for sale
Wastwater Road, Whitehaven, CA28
£395,000
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.