This spacious three-bedroom maisonette, located in the popular New Streets area of Penrith, offers generously proportioned accommodation across three floors. Despite needing general updating, the property retains its charm and character, featuring a private ground floor entrance, a hallway with storage, stairs to the first floor, and a lounge, double bedroom, bathroom, and kitchen. The second floor offers two further double bedrooms. With the benefit of a brand new lease and 50% share of the freehold, this property presents an attractive opportunity for first-time buyers, downsizers, or investors. Having been successfully let for several years, it could generate a yield of over 5%.