This substantial three-storey property in Penrith town centre has been converted into three self-contained one-bedroom apartments, generating a current 7.9% yield. The property has been renovated to a high standard, with no urgent works required, and is let to established tenants on assured shorthold tenancies. Each apartment has its own electric supply and meter, and the property features UPVC double glazing and electric heating. Located close to town amenities and with easy access to the M6, A66, and Lake District National Park, this property offers a solid rental investment opportunity for commuters and outdoor enthusiasts alike.