£475,000
10 bed flat for saleKing Street, Whitehaven CA28
10 beds
10 baths
10 receptions
EPC Rating: C
Just added
Leasehold
About this property
Block of 10 individual flats
Leasehold
Town centre location
Large building for sale
Space to develop more flats
Attention all investors!
Property Reference number : 271790
attention all investors!
A substantial three-storey period building occupying a prominent trading position on Whitehaven's main shopping street. The ground floor comprises a large retail unit, currently occupied by Barnardo's, while the upper floors have been converted into ten self-contained residential flats (Flats 1–10), accessed via a communal entrance, stairwell and corridors.
The flats currently produce a combined rental income of approximately £37,236 per annum, rising to a potential £51,828 per annum once fully let. Guide price £475,000.
Key features:
- Prominent town-centre trading position on King Street, Whitehaven
- Ten self-contained residential flats across upper floors
- Current rental income of £37,236 per annum, rising to a potential £51,828 per annum at full occupancy
- Communal entrance, stairwell, corridors
- Recently refurbished flats
- EPC ratings across flats range from C to E
- Close to Whitehaven town centre amenities and harbour
- A lot of empty space in the building with potential to develop into more flats.
EPC breakdown:
- Flat 1: Rating E
- Flat 2: Rating E
- Flat 3: Rating E
- Flat 4: Rating E
- Flat 5: Rating D
- Flat 6: Rating C
- Flat 7: Rating D
- Flat 8: Rating C
- Flat 9: Rating D
- Flat 10: Rating E
Council Tax: A
Current Annual Ground Rent: £500
Current Length Of Lease Remaining: 191 Years
Warning: Never transfer funds to a property owner before viewing the property in person. If in doubt contact the marketing agent or the Citizens Advice Bureau.
Gdpr: Submitting a viewing request for the above property means you are giving us permission to pass your contact details to the vendor or landlord for further communication related to viewing arrangement, or more information related to the above property. If you disagree, please write to us within the message field so we do not forward your details to the vendor or landlord or their managing company.
Viewing disclaimer: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended. If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
Property Reference number : 271790
attention all investors!
A substantial three-storey period building occupying a prominent trading position on Whitehaven's main shopping street. The ground floor comprises a large retail unit, currently occupied by Barnardo's, while the upper floors have been converted into ten self-contained residential flats (Flats 1–10), accessed via a communal entrance, stairwell and corridors.
The flats currently produce a combined rental income of approximately £37,236 per annum, rising to a potential £51,828 per annum once fully let. Guide price £475,000.
Key features:
- Prominent town-centre trading position on King Street, Whitehaven
- Ten self-contained residential flats across upper floors
- Current rental income of £37,236 per annum, rising to a potential £51,828 per annum at full occupancy
- Communal entrance, stairwell, corridors
- Recently refurbished flats
- EPC ratings across flats range from C to E
- Close to Whitehaven town centre amenities and harbour
- A lot of empty space in the building with potential to develop into more flats.
EPC breakdown:
- Flat 1: Rating E
- Flat 2: Rating E
- Flat 3: Rating E
- Flat 4: Rating E
- Flat 5: Rating D
- Flat 6: Rating C
- Flat 7: Rating D
- Flat 8: Rating C
- Flat 9: Rating D
- Flat 10: Rating E
Council Tax: A
Current Annual Ground Rent: £500
Current Length Of Lease Remaining: 191 Years
Warning: Never transfer funds to a property owner before viewing the property in person. If in doubt contact the marketing agent or the Citizens Advice Bureau.
Gdpr: Submitting a viewing request for the above property means you are giving us permission to pass your contact details to the vendor or landlord for further communication related to viewing arrangement, or more information related to the above property. If you disagree, please write to us within the message field so we do not forward your details to the vendor or landlord or their managing company.
Viewing disclaimer: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended. If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
Property Reference number : 271790
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More information
Tenure
Leasehold (191 years)
Service charge
Council tax band
A
Ground rent
£500
Ground rent date of next review
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