Excellent investment opportunity - detached holiday let property

An excellent residential investment opportunity comprising this 18th century detached country cottage which has been fully refurbished in recent years and has produced an average annual income of £55,000 for the last 3 years giving a gross yield of 22% at the guide price. Occupying a delightful garden site in this sought after village, some 15 miles west of Carlisle, at one end of the Hadrian's Wall walk it enjoys outstanding views over the Solway Firth to Scotland. This really is a ready to go, turn key, opportunity. The property is fully furnished at a cost of some £15,000 and there are already £18,000 worth of bookings confirmed from 23rd November 2023 and into 2024.

Tenure

See Legal Pack

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Entrance Porch

Living Room 25'9 x 11'6

with wood burning stone in attractive fireplace, French doors to patio, wooden floor and exposed beams

Dining Kitchen 14'6 x 10'

with range of units, Belfast sink, Smeg appliances and cooking range

Inner Hall

Shower room 7'9 x 6'6

with access to Bedroom and Hall - see floor plan

Bedroom 14'6 x 8'

with views from French windows

First Floor Landing

Bedroom 15' x 8'3

with views from French windows with Juliet balcony

Bathroom 14' x 10'

well appointed with free standing bath and walk in shower room with waterfall shower

Energy Efficiency Rating (EPC)

Current Rating F

Services

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

Local Authority

Allerdale Borough Council

Solicitors

Michael Hill Partnership, Ref: Karl Dunkley, Tel: 0116 2541609

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £720 inc VAT

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