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High Street, Wigton

Key features

  • ATTENTION ALL LANDLORDS INVESTMENT OPPORTUNITY
  • 2x GROUND FLOOR FLATS AND A COMMUNAL ENTRANCE WITH 3X FLATS OVER TWO FLOORS
  • CHAIN FREE
  • FULLY LET ESTIMATED RENT VALUE OF APPROXIMATELY £34,800 PER ANNUM
  • APPROXIMATE YIELD OF 11.6%
  • FREEHOLD
  • TOWN CENTRE
  • PARKING FOR 2-3 CARS AT THE SIDE OF THE BUILDING
  • CONTACT US VIA QUICKLISTER FOR VIEWINGS / FURTHER DETAILS

Description

Property Reference number : 711340

ATTENTION INVESTORS:

TENURE: FREEHOLD

87 HIGH STREET, WIGTON, CA7 9PG
BLOCK OF 5 SELF CONTAINED FLATS FOR SALE – £300,000

87A - Two Bedroom Flat based on the ground floor with it's own private entrance, gas central heating, and a rear exit to a porch area. Two bedrooms, living room, kitchen, bathroom. This property is quite dated and would benefit from refurbishment.
OCCUPATION: Vacant.
EPC: C

87D - Two Bedroom Flat based on the ground floor with it's own private entrance, gas central heating, and a rear exit to a porch area. Two bedrooms, living room, kitchen, bathroom. This property is quite dated and would benefit from refurbishment.
OCCUPATION: Currently privately let.
EPC: C

FLAT 1 - One Bedroom Flat found on the first floor within the communal area, no gas as this property uses an electric heating system. One Bedroom, living room, kitchen, bathroom. This property is quite dated and would benefit from refurbishment.
OCCUPATION: Currently leased to a housing association.
EPC: E

FLAT 2 - One Bedroom Flat found on the first floor within the communal area, no gas as this property uses an electric heating system. One Bedroom, living room, kitchen, bathroom. This property is quite dated and would benefit from refurbishment.
OCCUPATION: Vacant.
EPC: C

FLAT 3 - Three bedroom Flat found on the second floor within the communal area, gas central heating. Three bedrooms, living room, kitchen, bathroom, and a reception / enclosed sun room. Recently refurbished.
OCCUPATION: Vacant.
EPC: C

Investment Overview:

An excellent opportunity to acquire a fully residential block of 5 flats in the heart of Wigton. 1/5 Flats has been recently refurbished but the other 4 would benefit from being refreshed.

The building is arranged over three floors and consists of five self-contained units, making it a manageable and attractive addition to any buy-to-let portfolio.

Key Features:
Freehold block comprising 5 self-contained flats
Attractive town centre location in Wigton
Traditional solid-built property over three storeys
All flats separately accessed
Ideal for portfolio landlords or first time block investors

Location

Situated on High Street, Wigton, the property benefits from:

Easy access to local shops and amenities
Transport links and commuter routes
Opposite Nelson Thomlinson school.

Additional Information
Tenure: Freehold
Council Tax: All Flats are band A
Income: Approximate estimated rent value of £34,800 per annum.

There is a parking area the side of the building which can fit two cars.

BEING SOLD VIA QUICKLISTER DIRECTLY FROM LANDLORD PLEASE MESSAGE WITH ANY QUERIES OR TO SCHEDULE A VIEWING

Council Tax: A

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VIEWING DISCLAIMER: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended. If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.

Property Reference number : 711340

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.
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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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High Street, Wigton

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About Quicklister, Nationwide

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Quicklister is a Nationwide Online Estate Agent for owners looking to list either residential sales or lettings properties. We have a range of online listing and property marketing services available, along with property experts on hand to assist you. Quicklister is the cheaper, smarter way to be in control of your property marketing

Affordability

Monthly repayments£1,505
Property: £ 300,000
Deposit: £ 30,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 5798. 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 Quicklister, Nationwide. 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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