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1 bedroom flat for sale

Steamer Street, Barrow-In-Furness, Cumbria, LA14

Guide Price* £25,000

Property Description

Key features

  • Second floor apartment
  • Currently Let
  • Rent achieving 75 per week
  • Annual rent 3,900
  • Gas central heating
  • Refurbished in the last three years
  • One Bedroom
  • Kitchen and bathroom
  • Separate living room
  • Strong Rental Area

Full description

Barrow in Furness is a busy town and sea port in the county of Cumbria, close to the Lake District National Park and bordered by Morecombe Bay. Lancaster is approximately 50 miles to the south. Barrow in Furness is accessed from the south via the M6 motorway and in turn the A590.

The subject property is situated towards the eastern end of Steamer Street, close to the junction with Schooner Street.

The subject property is a one bedroom apartment on the second floor of this residential block and benefits from one double bedroom, a separate kitchen, living room and bathroom.

We have been advised that the property was fully refurbished within the last 3 years and has gas central heating.
Please note an inspection of the property has not been undertaken.

We understand the property has mains gas, electricity, water and drainage.

Rental Income
We understand the apartment is let for 75 per week (3,900 per annum), reflecting a gross yield of 15.6%.

Long leasehold - 99 years from 1 October 2011

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2016/17) is approximately 1,110.30.

No VAT will be payable on the purchase price of the property.

Guide Price

More information from this agent

Listing History

Added on Rightmove:
25 November 2016

Map & Street View

Disclaimer - Property reference 7dsteamerstreet. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Pye Property, Nottingham . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.

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