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 maintenance required, and each apartment is let on an assured shorthold tenancy with no rent arrears or issues. The property features UPVC double glazing and electric heating, with separate electric supplies and meters for each apartment. Located close to the town centre, the property offers easy access to amenities, schools, and leisure facilities, as well as the M6, A66, and the Lake District National Park. With excellent tenants in place, this is an excellent investment opportunity that is sure to appeal to investors seeking a solid rental income.