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Cumberland Street, Workington CA14 2 bed terraced house for sale
Cumberland Street, Workington CA14
£88,000
Cumberland Street, Workington CA14
£88,000
Our Summary
- Currently operated as an Airbnb-style short-term let with potential for long-term AST after the initial 5 year term
- Offers a secure and attractive investment opportunity with strong potential returns
Description
This attractive two-bedroom terrace property is being offered as a hassle-free investment opportunity, generating a guaranteed £650pcm rent for 5 years through a Rent to Rent deal. The property has been let to an operator who will manage and maintain the property for the duration of the deal, providing a 8.6% gross yield. The property is neutrally decorated and attractively furnished, and is located in Cumberland Street, just a 10-minute walk from the town center and close to the Victoria schools. The property would also be suitable for longer-term tenants, making it an ideal "Plan B" investment. With an asking price of £90,000, this is an attractive opportunity for investors looking for a hands-free investment with a guaranteed return.