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2 bedroom block of apartments for sale

Ellenborough Place, Maryport, CA15

Guide Price £190,000

Property Description

Key features

  • Investment Opportunity
  • Four Flats With Sitting Tenants
  • 3 X Two Bedrooms
  • 1 X One Bedroom
  • Recently Refurbished
  • Spacious Rooms
  • Conveniently Located
  • Close To Marina And Train Station

Full description

Tenure: Freehold

The Property

**Brilliant Investment Opportunity**
**Ideal Pension Investment**

*Creating minimum 9% yield*

Refurbished to a high standard throughout.

Within the property there are:
Four spacious, modern apartments all with sitting Tenants.
Three two bedroom apartments and one - one bedroom apartment.

Positioned in a convenient location close to the all the shops and amenities Maryport has to offer including the Local Train Station, shops cafes and restaurants and the lovely Marina.

The whole property has been fully refurbished to a high standard throughout to create spacious living accommodation with modern kitchens and bathrooms in all apartments.

Externally there is a communal yard to the side.

Viewing is recommended to appreciate this brilliant investment opportunity.

Communal Entrance
Communal Entrance leading to flat two on the ground floor, flat three on the first floor and flat four the second floor.

The Apartment
Flat 1:Ground Floor
Lounge, Dining Room, Modern Kitchen, Double Bedroom and Three piece bathroom.

Flat 2: Ground Floor
Lounge, Open plan Modern Kitchen, Two Bedrooms and a three piece bathroom.

Flat Three: First Floor
Entrance Hall, Lounge, Modern Kitchen, Two double Bedrooms and Three piece Bathroom.

Flat Four: Second Floor
Entrance Hall, Lounge, Modern Kitchen, Two double Bedrooms and a Three piece bathroom.

Basement Level:
Two Large rooms with power and lighting.

Communal enclosed yard with bin storage.

General Information
All apartments are currently tenanted at £90pcw generating an annual income of £18,720, 8.5% yield against asking price.

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
26 January 2016


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Master Floorplan Image
Master Floorplan Image

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Disclaimer - Property reference 71858-1. 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 Purplebricks, covering the North West. 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.

Map data OpenStreetMap contributors.