>
8 bedroom property for sale
Castlegate, Penrith CA11
£320,000
Castlegate, Penrith CA11
£320,000
Our Summary
- This prime investment opportunity comprises six residential flats arranged over ground, first and second floors in a highly sought-after location close to Penrith town centre
- Offers are invited for this fantastic investment opportunity
- Fantastic investment opportunity
Description
This prime investment opportunity in Penrith, Cumbria, comprises six residential flats over three floors, offering a versatile mix of accommodation and generating a rental income of circa £30,000 per annum. The property benefits from excellent transport links, being within walking distance of Penrith Train Station and offering easy access to the M6 and A66. The flats, which include a studio, one, and two-bedroom properties, enjoy attractive views of Penrith Castle and Castle Park. With immediate availability and proven rental demand, the property represents an excellent opportunity for investors seeking an income-generating residential portfolio with strong growth potential. The location provides tenants with easy access to town centre amenities, ensuring continued appeal in the rental market. Offers are invited for this fantastic investment opportunity.