4 bedroom detached house for sale

Epworth House, Drovers Lane, Penrith

Sold STC £385,000

Property Description

Key features

  • 4 One Bed Flats
  • Cellar
  • Double Garage
  • Garden

Full description

Tenure: Freehold

A most interesting investment opportunity to acquire a substantial, detached house, sensibly divided to create 4, individual apartments, each with their own services and entrances. Found in the historic New Streets Area of Penrith, the property is in tremendous order with excellent income generation

Offered to the market with NO ONGOING CHAIN, Epworth House is the former manse of the nearby Methodist Chapel.

Built substantially, of local Eden Valley Sandstone, it has had a number of residential uses over the years until being divided whilst in the hands of the Fire Brigade to create fireman’s accommodation, prior to purchase by our clients family.

The property was creatively divided to afford each property its own entrance and each has its own services.

The property has been impeccably maintained and enjoys high occupation rates. Two of the apartments are currently occupied, on assured shorthold tenancies, with the third being in the process of being re-let. The 3 rental units currently achieve £1350 PCM, the 4th property being lived in by our clients.

The property can be sold with vacant possession if required.

Ideal for those looking for an investment opportunity, if all four units are let it would achieve a yield in the region of 6%, alternatively with most appealing owner's accommodation it is an excellent chance to have an interesting home with an additional, personal income.

Directions
From Sandgate in the town centre follow meeting house lane.

The property is adjacent to the mini roundabout on Portland Place and Drovers Lane at the foot of Wordsworth Street.

Services
Mains GWED


FLAT 1 (Ground Floor) 
Currently generating an income of £450 PCM on an Assured Shorthold Tenancy

Internal Hallway 
Leading to the kitchen with bespoke built in storage.

Flat 1 Bedroom 
4.37m x 4.52m
With a door leading to the ensuite. Carpeted with a radiator and UPVC sealed unit double glazing.

Ensuite Bathroom 
2.95m x 2.64m
With a four piece suite comprising low suite WC, pedestal wash hand basin and a shower cubicle. Radiator.

FLAT 2 (Maisonette Style) 
Currently generating an income of £460 PCM on an Assured Shorthold Tenancy

Kitchen 
2.36m x 2.4m
With a range of fitted units incorporating a stainless steel single drainer sink unit. Electric hob and oven. UPVC sealed unit double glazing.

Sitting Room 
4.14m x 4.24m
With stairs leading to the first floor. Carpeted with a radiator and UPVC sealed unit double glazing.

Flat 2 Bedroom 
4.22m x 3.28m
With a built in cupboard. Carpeted with an electric radiator and UPVC sealed unit double glazing.

FLAT 3 (1st Floor) 
Currently used as the owners accommodation.

Hallway 
With stairs leading to the first floor with an understairs cupboard. Radiator.

First Floor Landing 
With a galleried staircase and built in storage, Stained glass with secondary glazing.

Lounge 
4.7m x 4.24m
With a multi fuel stove on a granite hearth and back. Oak flooring with a radiator and UPVC sealed unit double glazing with a corner aspect. Access to the study area.

Separate Study Area 
2.1m x 1.55m
With built in desk units. A radiator and UPVC sealed unit double glazing.

Kitchen/ Diner 
4.22m x 3.48m
With bespoke units and a glass breakfast bar with a granite work surface incorporating twin stainless steel sinks. Halogen hob and integrated washing machine.

Flat 3 Bedroom 
2.97m x 4.2m
With a range of bespoke fitted wardrobes and storage units. Radiator and UPVC sealed unit double glazing.

Bathroom 
4.62m x 2.7m
With a four piece suite comprising low suite WC, pedestal wash hand basin and jacuzzi bath and shower cubicle. A cupboard housing separate hot water cylinder. Separate solar panels providing hot water to the bath and the rest of the flat.

FLAT 4 (Attic) 
Currently in process of re-letting having previously generated an income of £440 PCM on an Assured Shorthold Tenancy

Vestibule 
With private staircase access.

Kitchen/ Lounge 
3.89m x 4.22m
With a range of fitted units incorporating a stainless steel single drainer sink unit. Electric radiator.

Flat 4 Bedroom 
4.24m x 3.78m
Carpeted with an electric radiator and UPVC sealed unit double glazing.

Shower Room 
2.51m x 2.41m
With a fitted three piece suite comprising low suite WC, pedestal wash hand basin and shower cubicle. Cupboard housing the hot water cylinder.

COMMUNAL AREAS 

Cellar 
With a separate store room. Housing the meters for each flat.

Garden 
Black paved parking to the front. Well maintained gardens with mature, hedged borders.

Detached Garage 
6.02m x 7.1m
Double garage with electric up and over doors and vehicle inspection pit.

More information from this agent

Listing History

Added on Rightmove:
05 May 2017

Nearest stations

  • Penrith (0.4 mi)
  • Langwathby (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:

H&H King Ltd, Penrith

22 Devonshire Street, Penrith, CA11 7SU

01768 200032 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:

H&H King Ltd, Penrith

22 Devonshire Street, Penrith, CA11 7SU

01768 200032 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

  • Penrith (0.4 mi)
  • Langwathby (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

H&H King Ltd, Penrith

22 Devonshire Street, Penrith, CA11 7SU

01768 200032 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.

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