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Residential investment property - a pair of self-contained flats situated just off the main street in Longtown some 7 miles north of Carlisle. The first floor flat is vacant and the ground floor flat is let on an Assured Shorthold Tenancy at £475 per calendar month. When fully let a gross yield of 16% should be attainable based on the guide price. Please note we have not had access to the ground floor flat and only the first floor flat will be available for viewing.

What3words location ///cheese.fetching.nodded

Ground Floor - 1 Netherby Street - let on AST at £475 pcm

Hall
Sitting Room 15'6 x 11'
Kitchen 9'9 x 8'
Bedroom 9' x 8'
Bathroom 7'3 x 5'6
Bedroom 10' x 9'6

First Floor - 3 Netherby Street - vacant flat

Sitting Room 15'6 x 14'9
Kitchen 10' x 8'
Bedroom 9' x 8'
Bathroom 8'6 x 5'6
Bedroom 13'9 x 9'6

Outside

Rear yard with access via passageway to front street.

EPC Rating

Current rating E

Council Tax Band

Current rating A

Tenure

See Legal Pack

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Cumberland Council

Additional Fees

Admin charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Note

In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Please ask the branch for further details.