Block of flats for sale in Foster Street, Penrith CA11

Residential Investment Opportunity
• 3 adjoining dwellings in residential area close to the town centre
• Includes two 2-bedroom maisonettes and one 2-bedroom flat
• Communal rear courtyard with storage sheds and summerhouse
• Current gross rental income £22,740 per annum
• Edge of Lake District market town

Location
Penrith is a market town, situated just to the north-east of the Lake District National Park, with a population of around 15,000. Traditionally a farming area, the town also has local and regional businesses and tourist trade throughout the year. It is at J40 of the M6, which links with the west-east A66 trunk road, and 20 miles south of Carlisle and has a railway station on the West Coast Main Line. Local facilities include two secondary schools, a range of independent shops, pubs, cafes, a leisure centre and auction mart. Major retailers in the town include Argos, Peacocks, B&M, B&Q, Boots, Booths, Sainsburys, wh Smiths, Morrisons, Aldi and M&S Foodhall. The property is situated in a residential area within walking distance of the town centre.

Description
The terrace property comprises 3 well-appointed dwellings including an apartment on the second floor and two maisonettes each having ground and first floor accommodation, all accessed via a covered passageway which leads to a communal back yard with stone sheds. Each dwelling is self-contained and has double glazing, gas central heating and a fitted kitchen with integral appliances.

1 Foster Street / Nelsons Piece
Spacious second floor apartment with access via stairs from back yard.
Hall
Open plan Living Room/Dining/ Kitchen Area, 3.50m x 7.30m with vaulted ceiling, character beams and dual aspect windows, Hall, Bedroom 1,2.93m x 4.70m.
Bedroom 2,2.47m X 3.29m.
Bathroom/WC including with shower over bath, wash hand basin and WC and extractor fan

2 Foster Street/ Shepherd's Cottage
Maisonette with access from passageway.
Ground Floor
Living Room, 3.40m x 3.89m into alcoves, with front door from the street.
Kitchen, 3.2m x 3.4m.

First Floor
Bedroom 1,3.93m x 4.74m (max).
Bedroom 2,2.28m x 2.33m.
Bathroom/WC, bath with shower riser, wc and wash basin and extractor fan.

3 Foster Street/ Yeoman's Cottage
Maisonette with access from back yard.
Ground Floor
Entrance Porch
Kitchen, 3.17m x 3.65m
Living Room, 3.88m x 3.88m, with front door from the street.
Bathroom/WC, bath, wc and wash basin and extractor fan.

First Floor
Bedroom 1,3.62m x 3.91m (max).
Bedroom 2,3.02m x 3.20m.

All references to areas and dimensions are deemed to be approximate.