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
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 enquiries.
Services: 1 and 3 Netherby Street are serviced by mains water, electricity and sewerage. Both benefit from double glazed uPVC windows and electric heaters.
EPC: 1 Netherby Street : E and 3 Netherby Street: D
Local Authority: Carlisle City Council, Civic Centre, Carlisle, CA3 8QG. Tel 01228 817000.
Council Tax: 1 and 3 Netherby Street are within Carlisle City Council council tax band A. There is a 75% discount for empty uninhabitable period from 1st April 2020 to 31st March 2021.
Fixture and Fittings: All fixtures and fittings are included in the sale.
Easements, burdens and wayleaves: The property is sold subject to all existing easements, burdens, reservations and wayleaves, including rights of access and rights of way whether contained in the Title Deeds or informally constituted and whether referred to in the General Remarks and Stipulations or not. The Purchaser(s) will be held to have satisfied themselves as to the nature of such easement rights and others.
Viewing: Strictly by appointment only through the sole selling agents, C&D Rural Tel: (01228) 792299.
Website and Social Media: Further details of this property as well as all others offered by C&D Rural are available to view on our website www.cdrural.co.uk. For updates and the latest properties like us on facebook.com/cdrural and Instagram on @cdrural.
Money Laundering Obligations: As part of the new Money Laundering Regulations relating to the sale of the property, we as Selling Agents are obliged to carry out Customer Due Diligence checks on any Purchaser prior to a transaction being completed. Anyone wishing to offer to purchase the property must provide us with proof of identity prior to an offer being made.
Offers: Offers should be submitted to the Selling Agents. All genuinely interested parties are advised to note their interest with the Selling Agents immediately after inspection.