7 bedroom flat for sale
1-3 Market Place, Workington, Cumberland, CA14 4AX
- PROPERTY TYPE
Flat
- BEDROOMS
7
- BATHROOMS
7
- 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
- large block of 6 flats
- rare investment opportuinity
- town centre location
- fully FRI in place for 6 years and 11 month achieving a net of £43,200 per annum
Description
very unique and rare investment opportunity
A large block of 6 flats in the historic town of Workington in lake district
all flats are tenanted on 6 years and 11 months full FRI including maintenance and bills
the block of flats was fully renovated and fully furnished before hand over in June 2024, all flats were fully rewired with brand new fire system, intercom system for each flat, new bathrooms and kitchens, fully decorated with new carpet flooring in all flats and industrial laminate flooring in communal areas.
Building was valued in may 2024 at £500,000 before lease with a projected commercial valuation at £606,000 in February 2026.
Description
Entrance of 1 market place
Ground floor
entrance hall and communal stairs along with fire exit to back yard
flat 1
1 bedroom with a large dining sitting area and open plan kitchen
1 bathroom
first floor
flat 2 and 3 that contains
large bedroom
large reception / sitting room
large kitchen
bathroom
second floor
flat 4 and 5 that contains
large bedroom
large reception and sitting room
large kitchen
bathroom
entrance 3 market place
flat 6 that contains
2 bedrooms 1 large and single
large reception room
bathroom
exit door to hallway
epc of C and D to all flats
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Brochures
Legal DocumentsOnline Bidding- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
1-3 Market Place, Workington, Cumberland, CA14 4AX
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About Town & Country Property Auctions, Oswestry
4 Willow Street, Oswestry, SY11 1AA
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Visit our security centre to find out moreDisclaimer - Property reference 329530. 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 Town & Country Property Auctions, Oswestry. 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.
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 Town & Country Property Auctions, Oswestry on 0117 463 3986.
*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.”
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