1 to 3 Netherby Street, Longtown, CA6 5SF
Excellent residential development comprising two 2, tenanted bedroom terraced flats with a current return of £8,400 per annum.
1 Netherby: Living Room, Kitchen, Bathroom, Two Bedrooms
3 Netherby: Living Room, Kitchen, Bathroom, Two Bedrooms
Outside: Back door access to shared yard and electric prepay meter access
Situation: Situated on Netherby Street close to the centre of Longtown with easy level walking on a relatively quiet and mostly residential road with ample parking on the street. Longtown benefits from town centre facilities to include primary school, doctors surgery, chemist, a variety of independent shops, supermarket, fuel station, hotel/pubs/takeaways and a cash machine. Longtown is situated on the A7, due North of Carlisle and M6 (J44). This is an ideal location for access to the local road network to include the A74M and the M6, together with the A75 from Gretna Westward into Dumfries and Galloway and for the A69 to the Northeast at Brampton.
An excellent investment opportunity comprising 2 residential properties formally a traditional terraced town house converted into two flats producing an annual income of around £8,400 and showing a return of around 7% per annum on the guide price. The properties are situated close to the centre of the market town of Longtown with on-street parking available to the front with an alley providing access to the shared yard to the rear. The first floor flat comprises a large, spacious living-room with an open fire, kitchen with integrated oven/hob and heater, bathroom with bath and overhead electric shower and two double bedrooms. The ground floor flat opens to a spacious lounge with under the stairs storage, kitchen, bathroom and two bedrooms. Both properties are currently tenanted and when advertised there is always a great number of enquries.