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18 bedroom block of apartments for sale

Apartments at Hillcrest Close, Carlisle, CA1

Guide Price* £765,000

Property Description

Key features

  • FOR SALE BY INFORMAL TENDER
  • Residential, freehold investment
  • Modern block of apartments
  • 9 x two bed flats
  • Tender forms to be submitted
  • by Monday 25th September 2017
  • Eight let on ASTs
  • Capable of producing 50,400 pa
  • Allocated Parking
  • Purpose built in 2005

Full description

GUIDE PRICE £765,000+ - FOR SALE BY INFORMAL TENDER - residential, freehold investment - modern, purpose built block of 9 two flats 8 currently let. Income over £50,000pa when fully let

Freehold, residential investment opportunity
FOR SALE BY INFORMAL TENDER

A modern, three storey block of 9 flats which was purpose built in 2005 by a local developer and is in a residential cul-de-sac just off London Road, the main arterial route to the south of the City, with easy access to the City Centre and the M6 motorway.
The block consists of 9 x two bedroom apartments - three on each floor and each flat comprises:- hall, lounge, fitted kitchen, two bedrooms (one en-suite) and main bathroom and has entry 'phone access, gas central heating from gas combi boilers and uPVC double glazing. The first and second floor apartments have Juliette balconies to the lounge and there is allocated parking for each flat plus two visitors parking spaces.
Eight apartments are currently tenanted on an Assured Shorthold Tenancy.


Tenancy Information

Eight apartments are currently tenanted. Each flat is let on an Assured Shorthold Tenancy at £475 per calender month and when fully occupied they are capable of producing £50,400 per annum - a gross yield of 6.7%.


Viewing

Viewing is available on the vacant flat No. 9


Tenders

Tenders are invited to reach us by Monday 25th September 2017 -
please contact us for the tender form


Flat 9

Entrance Hall with entry 'phone, cloaks cupboard and Utility cupboard housing Baxi combi gas boiler and washing machine;
Lounge with Kitchen area - 22'6 x 15'9 overall with juliette balcony, fitted kitchen with wall and floor units, sink, breakfast bar, fitted oven, hob, extractor hood, fridge/freezer and dishwasher;
Master Bedroom - 14'3 x 12' max with two fitted wardrobes and
En-suite - 6'6 x 6'3 part tiled with shower enclosure, basin and WC;
Bedroom 2 -10' x 10' with built in wardrobe;
Bathroom - 7'6 x 6'3 part tiled with bath with shower attachment, basin and WC.


Additional Fees
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion


Listing History

Added on Rightmove:
17 August 2017

Nearest stations

  • Carlisle (1.1 mi)
  • Wetheral (3.2 mi)
  • Dalston (4.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Auction House, Cumbria

23 25 Castle Street, Carlisle, CA3 8SY

01228 738091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Auction House, Cumbria

23 25 Castle Street, Carlisle, CA3 8SY

01228 738091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Carlisle (1.1 mi)
  • Wetheral (3.2 mi)
  • Dalston (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Auction House, Cumbria

23 25 Castle Street, Carlisle, CA3 8SY

01228 738091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference ah_cumbria_1440174_21377. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Auction House, Cumbria. 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.

*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 Auction House, Cumbria on 01228510552.


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