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Main Street, Cockermouth, CA13

PROPERTY TYPE

Apartment

BEDROOMS

4

BATHROOMS

3

SIZE

1,722 sq ft

160 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Superb investment opportunity comprising two town centre flats with private parking
  • Potential return of around 9% (subject to occupancy levels and rental income achieved)
  • Excellent flexibility to let both properties, use as holiday lets, or live in one and rent the other
  • Spacious three-bedroom apartment packed with character and original features
  • Well-presented one-bedroom flat offering comfortable and stylish accommodation
  • Converted approximately 20 years ago and maintained to a high standard throughout
  • One-bedroom flat currently occupied by a reliable tenant, providing immediate rental income
  • Three-bedroom flat available with vacant possession, making this a versatile and attractive investment opportunity

Description

This outstanding investment opportunity offers the rare chance to acquire two characterful town centre flats, each benefiting from private parking and the potential to generate an impressive return of around 9% (subject to purchase price, occupancy and rental income achieved).

Situated just off the main street, the development comprises a spacious and completely unique three-bedroom apartment and a charming one-bedroom flat, offering exceptional flexibility for investors and owner-occupiers alike. Let out both properties, operate them as holiday lets, or live in one while generating income from the other.

Converted approximately 20 years ago, the accommodation is stylishly presented, well maintained and packed with character, particularly within the larger apartment. The three-bedroom flat is available with vacant possession, while the one-bedroom flat is already occupied by a reliable tenant wishing to remain, providing instant income from day one. A unique and versatile investment that simply cannot be overlooked.


EPC Rating: E

THINGS YOU NEED TO KNOW

The properties are leasehold.
Electric heating and single sash windows.

DIRECTIONS

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The properties are accessed off Main Street via the alleyway by "I Do" Bridal shop.

THE LOCAL COMMUNITY - CA13

CA13, centred on Cockermouth and surrounding villages, offers a highly desirable market town lifestyle on the edge of the western Lake District. The area is known for its attractive historic centre, independent shops, cafés and cultural appeal, along with strong local amenities including a wide choice of supermarkets. Education is well regarded, with schools including Cockermouth School and several local primary schools serving the wider area. Residents benefit from healthcare services, leisure facilities and good road links to nearby employment centres such as Workington and Whitehaven. With its blend of heritage, riverside setting along the River Derwent and proximity to outstanding countryside, CA13 is particularly popular with families, professionals and those seeking a balance of market town living and access to the Lake District.

COMMUNAL HALLWAY

Access leads into a small lobby with stairs to the first floor which gives access to Flats A & B.

HALLWAY

Large hallway with wood flooring, window to the sides and spotlight. Stairs to the second floor.

BEDROOM ONE

Double room to the side with wood flooring, spotlights, Velux roof light and cupboard with plumbing for washing machine, fuse box and and central heating boiler.

SHOWER ROOM

Jacuzzi style shower enclosure, low level WC and wash basin, part tiled walls, tiled flooring, modern chrome curved ladder style radiator and spotlights.

BEDROOM TWO

Spacious double room to the side with Velux roof light, spot lighting and continuation of flooring.

OPEN PLAN ROOM WITH KITCHEN, DINING SPACE & LOUNGE

A fabulous open room with continuation of natural wood flooring, windows to the front and rear, spot lightings and exposed beams.
Kitchen is fitted with a range of base and wall units with laminate worktop over and tile splash back and includes space for fridge freezer, integrated electric oven with four ring hob over an extractor fan, 1 1/2 bowl black sink unit with mixer tap and integrated dishwasher. Wall mounted electric fire within lounge and ample space for dining.

SECOND FLOOR

A large storage area at half landing level and the staircase opens up into a large first floor landing with exposed beams and timbers, pull down ladder to mezzanine area, Velux roof light and vaulted ceiling and superb original timber wheel.

BEDROOM THREE

A spacious double bedroom with an aspect to the front with beam and spotlights.

BATHROOM

A four piece suite comprising bath shower enclosure with electric shower WC and wash basin and fitted around sanitary fittings with beige ceramic tiles tiled floor, white ladder style radiator, ceiling window and one to the side and vaulted ceiling.

INNER HALL

Inner hallway with door to lounge/diner/kitchen and stairs to the second floor.

OPEN PLAN LOUNGE/DINING/KITCHEN

5.51m x 3.35m

An open plan room with oak flooring, electric fire in the lounge area and space for dining. Kitchen fitted with a range of modern units with laminate worktop over, sink unit, fridge/freezer, integrated electric oven and hob, plumbing for washing machine.

LANDING

With oak flooring

BEDROOM ONE

4.57m x 3.05m

Double room with oak flooring and built in cupboard.

BATHROOM

2.44m x 1.52m

With bath and shower over, wash basin and WC, Tiled floor, heated towel rail.

Parking - Off street

Each flat has one allocated parking space within the car park.

Disclaimer

Whilst every effort has been made to ensure the accuracy of these particulars, they are intended as a guide only and do not form part of any contract. All measurements, descriptions and photographs are for illustrative purposes. Buyers and tenants should satisfy themselves as to the accuracy of the information before proceeding.

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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
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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Main Street, Cockermouth, CA13

Approximate location

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Affordability

Monthly repayments£1,156
Property: £ 230,000
Deposit: £ 23,000
Interest rate: 5.35%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Grisdales Estate Agents, Cockermouth

18 South St, Cockermouth CA13 9RT
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Established in 1997, we are dedicated to helping our clients navigate the property market with ease and confidence from our offices in Whitehaven and Cockermouth.

Our mission at Grisdales is simple - we believe that life is a property journey, and our goal is to be there for our clients every step of the way. We approach our work with passion, honesty, and expertise, and we are committed to providing the highest level of service possible. Our team is our biggest asset, and we take pride in our local knowledge, attention to detail, and commitment to excellence. We are passionate about what we do, and we are dedicated to helping our clients achieve their goals.

Whether you are buying, selling, or renting a property or land, our experienced professionals are here to guide you through the process from start to finish. Join us on the property journey today and let us help you find your dream home or investment property in the stunning region of West Cumbria.

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Disclaimer - Property reference 79665238-7a06-425b-b607-ac5ca7c10b6d. 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 Grisdales Estate Agents, Cockermouth. 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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