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2 bed terraced house
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Price History
Our Summary
- This well-presented 2-bedroom freehold terrace property in Cumbria offers an excellent turnkey investment opportunity at an attractive entry price point
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Description
The 2-bedroom freehold terrace property is located in Penrith, Cumbria, and benefits from a reliable rental market supported by local employment, tourism, and transport links. The property is situated on the edge of the Lake District National Park and is close to a wide range of amenities, including shops, leisure facilities, and schools. The accommodation comprises two well-proportioned bedrooms and a dedicated utility room, with a current rental income of £795 per month and an annual income of £9,540.
The property has an energy rating of C, freehold tenure, and is already let, providing a strong net yield of 6.8% with minimal hassle.