Auction Property 2 Bed Flat 

Egerton Court, Barrow-In-Furness

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Features

  • Auction Date: 27th - 28th February 2019
  • Two-bedroom ground floor flat
  • Ideal investment opportunity
  • Potential rental income of £325 pcm (£3,900 per annum)
  • Potential gross yield of 26%
  • Popular rental location
  • Parking available

Quick Details

2 Bedrooms1 Reception1 Bathroom

Address

16B Egerton CourtBarrow-In-FurnessLancashireLA14 2TX
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Property Details

•For Sale By Online Auction: 27th – 28th February 2019
•Guide Price: £15,000+
•Vacant two-bedroom ground floor flat
•Potential rental income of £3,900 per annum
•Popular rental location

This property comprises a two-bedroom flat on the ground floor of this residential block and benefits from two double bedrooms, a separate kitchen, living room and bathroom.

Externally, the property has on street parking immediately outside.

This property is located within this residential block on Egerton Court, Barrow-In-Furness.

Barrow in Furness is a town located in the county of Cumbria, close to the Lake District National Park and bordered by Morecombe Bay. Lancaster is approximately 50 miles to the south. Barrow in Furness is accessed from the south via the M6 motorway and in turn the A590.

Lancashire is located in north west England. It is located approximately 30 miles north west of Manchester and 30 miles north east of Liverpool, with good access via the A59.

Accommodation

Please note we have not inspected this property.

Services

We understand the property has mains electricity, water and drainage. However, interested parties should carry out their own investigations.

Investment Analysis

This property is currently vacant; however, two bedroom flats in the immediate area, have been let for £325 per calendar month (£3,900 per annum). A rental income of £325 pcm represents a potential gross yield of 26%, based on the guide price.

Guide Price

£15,000+

Buyer’s Premium

2% (minimum £3,600) inc. VAT.

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