Block of Apartments

Market Place, Dalton-In-Furness, Cumbria, LA15 8AZ

Size: 477 sqm

Purchase price

£650,000

Size: 477 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £41,220
Lettings fees £4,534
Net income £36,686
Gross yield 6.34%
Net yield 5.64%

HISTORIC PUB CONVERTED INTO 4 BEAUTIFULLY PRESENTED APARTMENTS, FULLY TENANTED AND GENERATING AN IMMEDIATE INCOME! Excellent block of 4 apartments in the heart of Dalton-in-furness, enquire today!


This wonderful converted pub comprises of four self contained apartments, 2x three bedroom apartments and 2x two bedroom apartments. Converted to a beautiful standard in 2014, this really is an opportunity not to be missed!

Apartment 3a:
Entrance hallway leading to a spacious lounge with window to the front; fully fitted kitchen with island and all appliances included; three double bedrooms, two of which have en-suite shower rooms; three piece family bathroom with shower over bath.

Apartment 3b:
Entrance hallway leading to a spacious open plan lounge and dining area; fully fitted kitchen with all appliances included; two double bedrooms both with en-suite shower rooms; three piece family bathroom with shower over bath.

Apartment 3c:
Entrance hallway leading to an open plan living area; with fully fitted kitchen and all appliances included; two double bedrooms with en-suite shower rooms; downstairs WC; stairway leading to the second double bedroom with en-suite shower room.

Apartment 3d:
Entrance hallway leading to an open plan living area; with fully fitted kitchen and all appliances included; double bedroom with en-suite shower room; downstairs WC; stairway leading to the second double bedroom with en-suite shower room.

The block comes with a generously sized garden space, as well as car parking for all four apartments. The pub was known as the Cavendish Arms since 1770, the Cavendish Arms was closed in 2009, and then converted into apartments in 2014 and have been tenanted ever since. The average price for property in Dalton-in-Furness stood at £148,798 in November 2020. This is a rise of 4.61% in the last three months (since August 2020) and rise of 5.73% since 12 months ago (Zoopla)

Video walkthroughs available, viewing is highly recommended!

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Freehold

Key features

Beautifully converted pub

Key features

Four self contained apartments

Key features

Car parking for all 4 apartments

Key features

Excellent location

Key features

Video walk through's available

Key features

9 minute walk to Dalton station

Key features

Large garden space

Key features

Freehold

HISTORIC PUB CONVERTED INTO 4 BEAUTIFULLY PRESENTED APARTMENTS, FULLY TENANTED AND GENERATING AN IMMEDIATE INCOME! Excellent block of 4 apartments in the heart of Dalton-in-furness, enquire today! More info...

This wonderful converted pub comprises of four self contained apartments, 2x three bedroom apartments and 2x two bedroom apartments. Converted to a beautiful standard in 2014, this really is an opportunity not to be missed!

Apartment 3a:
Entrance hallway leading to a spacious lounge with window to the front; fully fitted kitchen with island and all appliances included; three double bedrooms, two of which have en-suite shower rooms; three piece family bathroom with shower over bath.

Apartment 3b:
Entrance hallway leading to a spacious open plan lounge and dining area; fully fitted kitchen with all appliances included; two double bedrooms both with en-suite shower rooms; three piece family bathroom with shower over bath.

Apartment 3c:
Entrance hallway leading to an open plan living area; with fully fitted kitchen and all appliances included; two double bedrooms with en-suite shower rooms; downstairs WC; stairway leading to the second double bedroom with en-suite shower room.

Apartment 3d:
Entrance hallway leading to an open plan living area; with fully fitted kitchen and all appliances included; double bedroom with en-suite shower room; downstairs WC; stairway leading to the second double bedroom with en-suite shower room.

The block comes with a generously sized garden space, as well as car parking for all four apartments. The pub was known as the Cavendish Arms since 1770, the Cavendish Arms was closed in 2009, and then converted into apartments in 2014 and have been tenanted ever since. The average price for property in Dalton-in-Furness stood at £148,798 in November 2020. This is a rise of 4.61% in the last three months (since August 2020) and rise of 5.73% since 12 months ago (Zoopla)

Video walkthroughs available, viewing is highly recommended!

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Freehold
    Tick Desktop Beautifully converted pub
    Tick Desktop Four self contained apartments
    Tick Desktop Car parking for all 4 apartments
    Tick Desktop Excellent location
    Tick Desktop Video walk through's available
    Tick Desktop 9 minute walk to Dalton station
    Tick Desktop Large garden space
    Key features

    Freehold

  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £41,220
Lettings fees £4,534
Net income £36,686
Gross yield 6.34%
Net yield 5.64%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.