Wastwater Road, Whitehaven CA28 10 bed block of apartments for sale

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Wastwater Road, Whitehaven CA28 10 bed block of apartments for sale

Wastwater Road, Whitehaven, CA28
£375,000

Our Summary

  • For greater details on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This block of four residential apartments in Whitehaven is a lucrative investment opportunity for landlords. The properties, which currently generate a steady annual gross income of £25,200, feature three-bedroom and two-bedroom apartments with lounges, kitchens, bedrooms, storage space, and four bathrooms. With parking spaces available, the properties are well-appointed and offer a comfortable living space for tenants. The current landlord is reaping rewarding rental returns, and the new owner has the potential to increase the annual gross income to £32,664 by raising the rent to market rate. With a purchase price that will yield a worthwhile return on investment, this is an attractive opportunity for investors looking to expand their property portfolio.