Available
Cleator Moor – 2-Bed Flat
55B High Street, Cleator Moor, Cumbria CA25 5BQVirtual Freehold Residential Investment
Price
£85,000
Rent P.A.
£13,200
Yield
15.53%
Tenure
Leasehold
Lease Term
AST
Area
688 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises self-contained 2-bed flat at first floor
- Completely refurbished in 2024 to a high standard
- Located in the heart of the town centre with occupiers nearby including Greggs, Age UK, Opticians, Butchers, Restaurants and more.
Key Features
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
Comprises self-contained 2-bed flat at first floor. The property has been newly refurbished to a high standard and provides the following accommodation and dimensions:
First Floor: 64 sq m (688 sq ft)
2 bedrooms, kitchen/dining room, bathroom
First Floor: 64 sq m (688 sq ft)
2 bedrooms, kitchen/dining room, bathroom
Tenancy Description
Room 1 is at present let on AST to an Individual for a term of 12 Months from 1st March 2025 at a current rent of £6,000 p.a. Deposit held of £500.
Room 2 is at present let on AST to an Individual for a term of 12 Months from 5th January 2025 at a current rent of £7,200 p.a. Deposit held of £600.
Tenure:
Long Leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.
Room 2 is at present let on AST to an Individual for a term of 12 Months from 5th January 2025 at a current rent of £7,200 p.a. Deposit held of £600.
Tenure:
Long Leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.
Tenancies & Accommodation
Location Description
Cleator Moor is a town, civil parish and two electoral wards in the English county of Cumbria and within the boundaries of the historic county of Cumberland. The area offers a wide range of public transport choices and there are ample public parking spaces in the vicinity. There are bus stops located near to the site, the closest being approximately 98ft from the site. Bus service 30 route is Maryport to Thornhill/Frizington and service SX9 is Asby to Workington. Occupiers nearby including Greggs, Age UK, Opticians, Butchers, Restaurants and more.
