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10 bed property, in King Street, £475,000
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10 bed flat

King Street, Whitehaven CA28
£475,000

Our Summary

  • Key features: - Prominent town-centre trading position on King Street, Whitehaven - Ten self-contained residential flats across upper floors - Current rental income of £37,236 per annum, rising to a potential £51,828 per annum at full occupancy - Communal entrance, stairwell, corridors - Recently refurbished flats - EPC ratings across flats range from C to E - Close to Whitehaven town centre amenities and harbour - A lot of empty space in the building with potential to develop into more flats

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Description

The property is a three-storey period building with a retail unit on the ground floor and ten self-contained residential flats on the upper floors. The flats are accessed via a communal entrance, stairwell, and corridors, and are currently producing a combined rental income of approximately £37,236 per annum. The building has a lot of empty space with potential to develop into more flats, and is close to Whitehaven town centre amenities and harbour.

The EPC ratings for the flats range from C to E, and the building has recently been refurbished.