Princes Court Rowcliffe Lane, Penrith, CA11

2 bedroom in Penrith

For Sale
Offers Over £131,000
Current Yield 4.8 %
Potential Yield 6 %
Property Reference: 194536968
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 72 sqm

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Lounge and Kitchen
  • Three Piece Bathroom
  • Well Maintained Property
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 2 Bedroom Flat in Penrith. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 Bedroom Flat, a kitchen and lounge, a three piece bathroom, and convenient access to local amenities.

It currently produces an annual gross income of £7,500 which could be increased by the new owner to a market rate of £9,360 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.

Helpful Information

Council Tax Band: B
Property Reference: 194536968

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £625
  • Potential Rent pcm: £780
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 4 Years +
  • Tenants means of funding: Employment
Property Reference: 194536968
Property Reference: 194536968

Property Location

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Request DetailsPrinces Court Rowcliffe Lane, Penrith, CA11

Offers Over £131,000

Make an offer
Princes Court Rowcliffe Lane, Penrith, CA11

Listing Price

Offers Over £131,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.