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School Street, Barrow-in-Furness, Cumbria

PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

3

SIZE

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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

  • Investment Opportunity
  • Three Self Contained Flats
  • Tennants In Situ
  • Via Tenancy Support Solutions
  • Gas CH System
  • UPVC DG
  • Lounge, Kitchen, Bedroom & Bathroom
  • Town Centre Location
  • Invest Buyers Only
  • Early Inspection Advised

Description

An outstanding investment opportunity has arisen to acquire this substantial three-storey property comprising of three self-contained one-bedroom apartments, all occupied with tenants in situ under a Supported Tenancy through Tenancy Support Solutions. Providing an immediate income stream, making this an attractive proposition for landlords seeking a ready-made investment. Occupying a convenient and well-established position on School Street, the property enjoys excellent access to Barrow Town Centre and is within comfortable walking distance of a wide range of everyday amenities, including local shops, schools, regular bus services and Barrow Train Station. The property also benefits from being close to BAE Systems, the area's largest employer, further enhancing its long-term rental appeal. Each self-contained apartment offers well-planned accommodation briefly comprising a living area with kitchen, one double bedroom and a bathroom. All three flats benefit from uPVC double glazing and individual gas-fired combination boiler central heating systems, providing independent and efficient heating and hot water. With tenants already in occupation, an established rental income and a highly convenient location popular with tenants, this represents an excellent opportunity for investors looking to expand or strengthen their property portfolio. 

FLAT A One bedroom apartment with shower room, kitchen and lounge.
 

FLAT B
 

Vestibule with access to all rooms. 

LOUNGE 9' 1" x 13' 0" (2.77m x 3.96m) UPVC double glazed windows to front, combination boiler for the hot water and heating system and radiator. 

KITCHEN/BREAKFAST ROOM 7' 0" x 13' 1" (2.13m x 3.99m) Fitted with a basic range of base and drawer units with worktop over incorporating sink and drainer and uPVC double glazed window to side. 

BEDROOM 8' 6" x 14' 9" (2.59m x 4.5m) Double room with radiator and uPVC double glazed window to side.
 

BATHROOM Three-piece suite in white comprising of WC, wash hand basin and bath with shower over. UPVC double glazed window to side. 

FLAT C  

Vestibule and access to all rooms. 

LOUNGE 9' 1" x 14' 9" (2.77m x 4.5m) UPVC double glazed window to side and radiator. 

KITCHEN/BREAKFAST ROOM 9' 8" x 13' 0" (2.95m x 3.96m) Fitted with a basic range of base and drawer units with worktop over incorporating sink and drainer and uPVC double glazed window to side. 

BEDROOM 8' 8" x 11' 6" (2.64m x 3.51m) Double room with radiator and uPVC double glazed window to front. 

BATHROOM Three-piece suite in white comprising of WC, wash hand basin and bath with shower over. UPVC double glazed window to side. 

EXTERIOR External access for all three flats via a communal entrance on School Street.  

GENERAL INFORMATION TENURE: Freehold

COUNCIL TAX: Each Apartment is rated an A

LOCAL AUTHORITY: Westmorland & Furness Council

SERVICES: Mains drainage, water and electric.

Please Note: This property is being offered for sale to investment purchasers only with tenants in situ. 
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.
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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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School Street, Barrow-in-Furness, Cumbria

Approximate location

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Affordability

Monthly repayments£903
Property: £ 180,000
Deposit: £ 18,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About J H Homes, Ulverston

2 New Market Street, Ulverston, LA12 7LN

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need with valuable local knowledge, which is combined with a proactive and enthusiastic attitude to keep your sale moving. Janice listens carefully to your individual needs and makes it her priority to ensure you are cared for whilst selling or buying your home.

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Disclaimer - Property reference 101553007268. 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 J H Homes, Ulverston. 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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