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Block of apartments for sale
Flats 1-8 Bank House, 2 High Street, Windermere, Cumbria, LA23
£675,000
Flats 1-8 Bank House, 2 High Street, Windermere, Cumbria, LA23
£675,000
Our Summary
- An attractive residential investment opportunity within Windermere town centre
Description
The subject property, Bank House, is a prominent mixed-use period building located on the corner of High Street and Church Street in Windermere, Cumbria. The property comprises 8 flats, including 4 one-bedroom and 4 studio flats, arranged over two floors, with communal entrance and corridors. The flats are fully occupied and generate a total rental income of £44,620 per annum. The property has undergone a recent roof replacement and benefits from being situated in a popular tourist town with a range of local amenities, including high street retailers, cafes, and restaurants. The building is of stone construction with attractive stone detail and is connected to mains services, with each flat separately metered for electricity and gas. The property is held on a 125-year leasehold from 2007, with the extent shown red on the attached plan.