4 bed end terrace house

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4 bed end terrace house

Mount Florida, Carlisle CA1
£134,000

Our Summary

  • The home is in excellent condition, featuring 4 bedrooms, 2 lounges, 1 bathroom, 1 WC, a double garage with space for 5 cars, and outline planning permission for a bungalow
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • An outline planning for a bungalow
  • Investment potential detailed below (Let Property Pack)

Description

This well-maintained 4-bedroom end-of-terrace house in Carlisle offers a reliable and long-term investment opportunity for investors. The property is in excellent condition and features 4 bedrooms, 2 lounges, 1 bathroom, 1 WC, and a double garage with space for 5 cars. With outline planning permission for a bungalow, there is potential for further development. Currently, the property generates an annual gross income of £7,800, which could be increased to £13,800 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable and predictable income stream. With a worthwhile addition to an investor's property portfolio, this property presents a unique opportunity for those looking to diversify their investments.