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SOLD STC

Cain Street, Workington, CA14 3XX

PROPERTY TYPE

Semi-Detached

BEDROOMS

2

BATHROOMS

1

SIZE

624 sq ft

58 sq m

TENURE
Describes 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

  • Recently updated two-bedroom semi with new carpets and stylish modern flooring throughout
  • New kitchen and bathroom suite already in place - no updates needed before letting
  • Spacious corner plot offers serious potential to extend, with existing foundations ready to build on
  • Ideal rental location close to industrial estates and within easy walking distance of the town centre
  • Offers excellent gross yields in the double digits at the current asking price
  • Straightforward layout with two upstairs bedrooms and a practical downstairs living space and kitchen
  • Exposed foundations from a removed extension offer a head start for future
  • Likely to attract long-term working tenants
  • Neutral decoration and low-maintenance finishes make it ready to let straight away
  • An appealing choice for hands-on investors looking for a rental-ready property with room to grow

Description

A Recently Updated Solid Semi - Perfect For Investors Looking For Ways To Add More Value. There’s space at the side for an extra room, with foundations already in place. Even without any upgrades it should be popular and give you double digit yields.

This well-built semi has plenty to attract savvy investors. It’s close to a couple of industrial estates and walking distance to town, so it should attract working tenants. It’s on a spacious corner plot and has had a modern makeover inside, including a brand new kitchen and bathroom suite.

It has a simple layout with the living room and kitchen downstairs and two bedrooms plus the bathroom upstairs.

It’s had a fresh lick of paint throughout, with new carpets in the bedrooms and on the stairs and new flooring downstairs.

Based on the £70,000 asking price you should be able to achieve double digit gross yields and still have a queue of long term tenants lining up to view it.

But what if it had three bedrooms rather than two? 

The substantial corner plot gives you room to build an extra bedroom out to the side. If you’re struggling to visualise what it may look like, a quick Google Street View may help…

A single storey extension was built - but was subsequently taken down.

The foundations are still in place, which does give you a head start and will save you some money, if you did want to build something on top that complied with building regs.

The current exposed foundations aren’t a thing of beauty but if you wanted to rent it out as-is and then decide what to do, it shouldn’t stand in your way of finding tenants to rent it in the short term. They just limit the off-street parking space a little.

If you’re a buyer that can see the investment opportunity rather than dwell on the negatives it could present you with a tidy, recently updated property with a head start if you wanted to add value.

Call now to 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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Cain Street, Workington, CA14 3XX

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Extension potential
Recently sold & under offer
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About Mark Buchanan Property Group, Powered by eXp UK, Workington

33 Banklands, Workington, CA14 3EU

When we opened our doors in 2020, we never wanted to be the biggest agent, but to provide the best marketing and the best service to our clients. The same is still true today, which is why we receive such amazing feedback from our clients, with well in excess of 150 5-star reviews.

Whether you're buying or selling a home, it can often be a stressful process. Our aim is to try and relieve some of that stress by offering a personal service outside of the usual office hours of 9-5. That's why we're available to our clients 7 days a week, on a more personal, 1-2-1 basis.

All of our personal property experts are highly experienced and have the same passion to provide an outstanding level of service to you.

By providing brilliant marketing and utilising social media, we help to get the best possible price for a property and in the shortest time.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£326
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference S1374419. 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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