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A self-contained studio flat let on an Assured Shorthold Tenancy at £295 per month producing a 15% yield. The property is situated near the harbour in this coastal town with easy access to the Lake District National Park. It comprises hall, living area with kitchen off and separate bathroom.

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Hall

Living area 12'3 x 11'9

Kitchen area 8'6 x 6'9

Bathroom 8'6 x 4'9

Leasehold Tenure - 99 years from January 1990

The seller has informed us that there is no ground rent payable and the service charge is currently £40 per month.

EPC Rating

Current rating D

Council Tax Band

Current rating A

Tenure

Leasehold

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 - £1200 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.