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Four-bedroom pair of self-contained flats

Longtown, CA6 - Get Access

4 bed 2 bath

Description

This residential investment property comprises a pair of self-contained flats situated just off the main street in Longtown, approximately 7 miles north of Carlisle. The ground floor flat (1 Netherby Street) features a hall, sitting room measuring 15'6 x 11', kitchen measuring 9'9 x 8', two bedrooms measuring 9' x 8' and 10' x 9'6 respectively, and a bathroom measuring 7'3 x 5'6. This unit is currently let on an Assured Shorthold Tenancy at £475 per calendar month. The first floor flat (3 Netherby Street) is vacant and comprises a sitting room measuring 15'6 x 14'9, kitchen measuring 10' x 8', two bedrooms measuring 9' x 8' and 13'9 x 9'6 respectively, and a bathroom measuring 8'6 x 5'6. Externally, the property benefits from a rear yard with pedestrian access via a passageway leading to the front street. When fully let, a gross yield of 16% should be attainable based on the guide price. Please note that access was not available for the ground floor flat, and only the first floor flat is available for viewing.