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Studio flat for sale

Egerton Court, Barrow In Furness


Property Description

Key features

  • 56 Flats/Apartments with 125 Years Lease
  • Fantastic Investment Opportunity Consisting 28 x One Bed Flats
  • 28 x Two Bedroom Flats. Number of Current Tenanted Flat TBC
  • In-House Management on Site
  • Contact 01229 839090 for Further Information

Full description

We are pleased to offer for sale this development of 56 flats comprising 28 one bedroom flats and 28 two bedroom flats.

Further information regarding the rental income please call Kelly Oulton at Farrell Heyworth, Barrow on 01229 83090.

There is the possibility of an increase in rent, as it is currently below the LHA rate for the area and if the flats were epitomised the yields will increase to approximately 14.71%.

There is currently a building manager on site who deals with rent collection, maintenance issues and the general day to day running of the flats and would be a great asset for the new owners.

The premises is on a 125 year lease and the ground rent it £250 per annum per flat.

The number of flats currently being occupied is to be confirmed.

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
24 November 2016

Map & Street View

Disclaimer - Property reference 140494. 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 Farrell Heyworth, Barrow in Furness. 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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