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5 bedroom detached house for sale
Lakeland View Egremont Cumbria CA22 2FE
£330,000
Lakeland View Egremont Cumbria CA22 2FE
£330,000
Our Summary
- Subject to necessary licensing and consents
- *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ****** Jubilee House, Bigrigg, Egremont, Cumbria, CA22 2TX Sold for £383,000 in November 2022, Broadfield, Baybarrow Road, Egremont, Cumberland, CA22 2NG Sold for £365,000 in November 2023, Cote Close Farm, Egremont, Cumbria, CA22 2EL Sold for £425,000 in May 2006 ***Property is sure to appeal to homeowners looking to upsize or to shrewd investors looking for a potentially high yielding investment opportunity
- *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY *** Property Comprises: Five double bedrooms, four Bathrooms, large family Kitchen boasting doors opening onto the family sized gardens, spacious Lounge, separate utility room, home office accompanied nicely by a double integral garage and ample off road parking
- *** Jubilee House, Bigrigg, Egremont, Cumbria, CA22 2TX Sold for £383,000 in November 2022, Broadfield, Baybarrow Road, Egremont, Cumberland, CA22 2NG Sold for £365,000 in November 2023, Cote Close Farm, Egremont, Cumbria, CA22 2EL Sold for £425,000 in May 2006 *** Property is sure to appeal to homeowners looking to upsize or to shrewd investors looking for a potentially high yielding investment opportunity
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
We are excited to present this exceptional residential opportunity in the sought-after town of Egremont, Cumbria. This vacant 5-bedroom detached house offers a potentially high-yielding investment opportunity, with the potential to generate an annual income of £63,875 or a gross yield of 19.35% based on an occupancy rate of 70% and a guide price of £330,000. The property boasts five double bedrooms, four bathrooms, a large family kitchen, spacious lounge, separate utility room, home office, and double integral garage, providing ample space for a family or as a serviced accommodation. Situated in a tranquil town, the property is near amenities, schools, and great network links, making it appealing to commuters. The local area has seen strong demand recently, with nearby properties selling for high prices. The property is being offered at a fantastic price to ensure an auction sale, and will feature in our upcoming timed online auction.