Bolton Street, Workington, CA14 2SL
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Offers a secure and attractive investment opportunity with strong potential returns
- Provides flexibility for both short-term and long-term rental strategies
- Rent to Rent operator handles all repairs and maintenance, ensuring hassle-free ownership
- Close to Victoria schools
- Less than 10 minutes walk to the town centre, with ample on-street parking
- Neutrally decorated and attractively furnished
- Two-bedroom terrace with lounge, kitchen/diner, modern bathroom, and two double bedrooms
- Currently operated as an Airbnb-style short-term let with potential for long-term AST after the initial 5 year term
- Hands-free investment with a Rent to Rent tenant managing and maintaining the property
- Guaranteed £650pcm rent for 5 years delivering a 9.75% gross yield
Description
Property Investment On Easy Mode. This 2 bed terrace is a cashflowing hands-free investment, on a 5 year Rent to Rent deal delivering £650pcm = 9.75% gross yield GUARANTEED, with the tenant maintaining and managing the property for you.
If you’re looking for a hassle free investment, this attractive two bedroom terrace will be hard to beat.
It’s been let to a Rent to Rent operator on a five year deal, so they can then offer the property to guests as an Airbnb style short term let.
That means you get £650pcm rent guaranteed from the moment you get your hands on the keys - which based on the “Offers Over £80,000” asking price will deliver 9.75% gross yield.
And you really will get a 9.75% return, as you won’t have to put your hand in your pocket to decorate or make any repairs - the Rent to Rent operator will manage and maintain the property for you, from day 1 for the lifetime of the 5 year deal.
The property has an open plan ground floor layout with the lounge and dining room separated by the stairs.
The galley kitchen leads to the main family bathroom at the rear.
Upstairs has two double bedrooms.
It’s all neutrally decorated and attractively furnished.
Bolton Street is less than ten minutes walk into town, with plenty of on street parking.
If you’re thinking longer term or are keen to have a “Plan B” in your back pocket the property would be attractive for longer term tenants looking to rent on an AST, being walking distance to town and close to the Victoria schools.
This could be an ideal hands-free investment - where someone else takes the responsibility for maintaining the property and keeping it occupied for five years.
We’re expecting plenty of interest from investors so call today arrange a viewing.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- No wheelchair access
Bolton Street, Workington, CA14 2SL
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Visit our security centre to find out moreDisclaimer - Property reference S1191691. 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 Mark Buchanan Property Group, Powered by eXp UK, Workington. 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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