Sold, 2 Bed House - Terraced 

Chapel Street, Workington

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Features

  • Two bedrooms
  • Attic room providing a third bedroom
  • Vacant possession
  • Potential income of £450 pcm (£5,400 per annum)
  • Potential gross yield of 9.39%
  • Approx. gross internal area 1,160 ft2 (taken from the EPC)
  • Rear garden
  • Long leasehold
  • Buyers premium payable

Quick Details

2 Bedrooms1 Reception1 Bathroom

Address

8 Chapel StreetDistingtonCumbriaCA14 5UL
Details
EPC
Map
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Property Details

•Two bedrooms plus attic room
•Vacant possession
•Potential Income: £5,400 per annum (9.39% yield)
•Long leasehold – 999 years

This traditional mid-terrace property offers accommodation arranged over three floors. To the ground floor accommodation, there is a spacious living room area, kitchen to the rear, family bathroom, including a toilet, sink and bath with shower overhead, along with a small utility room with plumbing and additional space for a washing machine and tumble dryer. The living room is neutrally decorated, with a built-in fireplace. The kitchen comprises fitted base and eye level units, a stainless-steel sink along with space for additional freestanding appliances.

This property is located on Chapel Street, off Main Street. Distington. The property is situated close to the city centre of Workington, which is approximately 3.7 miles from the property, and can be accessed via Moorclose Road. Workington train station is situated approximately 4.2 miles north of the property.

Distington is a large village and civil parish in Cumbria, three miles south of Workington and four miles north east of Whitehaven.

Cumbria is a county in North West England. It is located approximately 90 miles north east of Leeds and 92 miles north of Manchester.

Description Continued

The first floor comprises two spacious bedrooms. There are also fitted TV sockets within each room. The property has the benefit of an attic room, which is currently utilised as a third bedroom. The seller is willing to provide indemnity insurance regulations or planning as required by the purchaser.

Externally, the property has a rear yard and benefits from on street parking.

Accommodation

Approx. gross internal area - 1,160 ft2
(Taken from the EPC)

Services

We understand the property has mains electricity, water and drainage.

Tenure

Long Leasehold – 999 years (please refer to the legal pack for further information).

Investment Analysis

The property is currently vacant, however, could let at £450 pcm (£5,400 per annum). This represents a potential gross yield of 9.39%, based on the asking price.

Council Tax

This property is rated in Council Tax Band A. Annual council tax payable is £1,211.

Asking Price

£57,500

Buyer’s Premium

Please note a buyer’s premium of 1% (min. £900) inc. VAT will be payable in connection with a purchase of any property for sale with John Pye Property (excluding auction purchases).

Please take into account when offering on a property that this will be payable on top of the agreed purchase price.

Viewings

Viewings are available by appointment only please contact a member of the John Pye Property team today 0161 219 3001.

Energy Performance Certificates

Location Map

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