Investment opportunity - 2 self-contained flats

Investment property - a pair of self-contained flats situated just off the main street in Longtown some 7 miles north of Carlisle. The ground floor flat is vacant and the first floor flat is let on an Assured Shorthold Tenancy at £375 per calendar month. When fully let a gross yield in excess of 13% should be attainable based on the guide price.

Tenure

See Legal Pack

Ground Floor - 1 Netherby Street - vacant flat

Hall Sitting Room 15'6 x 11' Kitchen 9'9 x 8' Bedroom 9' x 8' Bathroom 7'3 x 5'6 Bedroom 10' x 9'6

First Floor - 3 Netherby Street - let on AST at £375 pcm

Hall Sitting Room 15'6 x 14'9 Kitchen 10' x 8' Bedroom 9' x 8' Bathroom 8'6 x 5'6 Bedroom 13'9 x 9'6

Outside

Rear yard with access via passageway to front street.

Energy Efficiency Rating (EPC)

Current Rating E D

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Carlisle City Council

Solicitors

Sharman & Son Solicitors, Ref: Peter Sharman, Tel: 0151 932 0333

Offered in association with

Auction House Scotland

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.