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Land, in Flats 1 - 4, £340,000
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Flat

Flats 1 - 4, Kingfisher House, Sandside, Milnthorpe, Cumbria LA7 7HW
Auction
£340,000

Our Summary

  • Residential investment opportunity producing £34,020 per annum
  • Potential to grow rent and create additional accommodation
  • For sale by Auction on 27 July 2026
  • A residential investment opportunity comprising 4 no
  • The property offers an opportunity to increase rental income over time and, subject to obtaining the necessary consents, the potential to create additional accommodation by converting the double garage and potentially reconfiguring the duplex apartment
  • Flat 1: £895 pcm (£10,740 per annum) Flat 2: £700 pcm (£8,400 per annum) Flat 3: £545 pcm (£6,540 per annum) Flat 4: £695 pcm (£8,340 per annum) Tenure: Freehold EPC Rating: C, D, D & E Terms: Auction Details The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type
  • All sales are subject to our Common Auction Conditions and Bidder Terms
  • Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1

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Description

The property is a residential investment comprising four two-bedroom apartments, each fully let and producing a significant income. It is located in the hamlet of Sandside, overlooking the River Kent estuary, and has access via a private driveway off Park Road/Watersedge and a secondary access from Quarry Lane. The property offers ample parking for four vehicles.

The four apartments are situated on multiple levels, with varying features including UPVC double glazing, gas central heating, and electric central heating. The apartments have a mix of bathroom and ensuite configurations, with some featuring balconies offering views of the estuary. The property is listed with Council Tax assessments in Bands B and C.