Stanwix Bank, Carlisle

£200,000

Guide price

  • Bedrooms: 7
Previously operated as a high performing student letting. Excellent track record. 7 bedroom, 3 bathroom property capable of providing a net yield in the region of 9% but offering significant further potential. One of the most prominent locations within the city. Offered with vacant possession from July 2020. For sale due to retirement.

DETAILS

An excellent addition to an existing portfolio in a most prominent location. 7 letting bedrooms over three floors, including one en-suite room and two further bathrooms, providing a net yield in the region of 9% but offering significant further potential. One of the most prominent locations within the city. Let until June 2020. For sale due to retirement.  

The landlord currently covers the cost of utilities and provides wireless internet for the tenants. There is scope to improve the quality of furnishings and décor to allow for increased monthly rents. 

GROUND FLOOR A living room occupies the front of the property with a kitchen and breakfast area to the rear. From the kitchen a door leads out to the rear yard and wash house. A double en-suite bedroom is accessed from te breakfast area. 

FIRST FLOOR The first floor provides three large double rooms, the most impressive of which having a bay window and views down Stanwix Bank towards the city and river. A shower room completes the first floor accommodation 

SECOND FLOOR The second floor provides a similar 3 bedroom configuration with the front bedroom offering the same excellent elevated views of Carlisle and the River Eden. There is also a toilet and separate shower room at the rear.  

OUTSIDE A small rear yard provides some outside space and can be accessed via a rear lane as well as from the kitchen. There is also an outdoor wash house, with plumbing for a washing machine and space for a dryer. 

SERVICES Mains water, electricity and drainage. Electric storage heating. The landlord currently includes all utilities and the provision of wireless internet to the tenants. 

TENURE Freehold 

Marketed by Arrange viewing 01228 810300

Hayward Tod

7 Paternoster Row, Carlisle, Cumbria

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