3 bedroom apartment

The Banks, Seascale CA20 1QN

Size: sqm

SSTC

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent SSTC
Service charge SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

yieldit are pleased to bring to the market this lucrative investment opportunity, the top (third) floor apartment has three well proportioned and generously sized bedrooms which are all individually let generating a spectacular 8.16% NET yield. The accommodation also includes a spacious living room with a fireplace and a large double-glazed window, which provides beautiful sea views stretching out to The Isle of Man and Scotland. The property also includes a fully-fitted modern kitchen complete with appliances and a family bathroom.

Burnett House is perfectly situated in the beautiful seaside village of Seascale, located on the edge of the Lake District National Park which is the most visited national park within the UK attracting more than 16.4 million visitors per year. It sits 21.1 miles to the north of Millom, 35.5 miles to the north of Barrow in Furness, and 14.7 miles to the south of Whitehaven. Residents of the seaside resort can enjoy a wonderful lifestyle with easy access to sandy beaches, the Golf Course and a host of convenient local amenities.

The village offers great road links being close to the A595 and is served by Seascale railway station providing services to Barrow-in-Furness, Carlisle and Sellafield. The accommodation benefits from being within a reasonable distance of Sellafield, a large nuclear site which directly employs 10,000 people meaning there will be a continued rental demand from it’s employees.

Please note the tenure is leasehold however the property comes with a share of freehold therefore there isn’t any ground rent to be paid.

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Wonderfully spacious three-bedroomed apartment on the top floor of a former school in the beautiful seaside village of Seascale, Cumbria.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

8.16% NET yield

Key features

Three spacious and well proportioned rooms

Key features

Excellent views

Key features

Modern fully-fitted kitchen with appliances

Key features

Well presented throughout

Key features

Family bathroom

Key features

Beautiful seaside location

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Wonderfully spacious three-bedroomed apartment on the top floor of a former school in the beautiful seaside village of Seascale, Cumbria. More info...

yieldit are pleased to bring to the market this lucrative investment opportunity, the top (third) floor apartment has three well proportioned and generously sized bedrooms which are all individually let generating a spectacular 8.16% NET yield. The accommodation also includes a spacious living room with a fireplace and a large double-glazed window, which provides beautiful sea views stretching out to The Isle of Man and Scotland. The property also includes a fully-fitted modern kitchen complete with appliances and a family bathroom.

Burnett House is perfectly situated in the beautiful seaside village of Seascale, located on the edge of the Lake District National Park which is the most visited national park within the UK attracting more than 16.4 million visitors per year. It sits 21.1 miles to the north of Millom, 35.5 miles to the north of Barrow in Furness, and 14.7 miles to the south of Whitehaven. Residents of the seaside resort can enjoy a wonderful lifestyle with easy access to sandy beaches, the Golf Course and a host of convenient local amenities.

The village offers great road links being close to the A595 and is served by Seascale railway station providing services to Barrow-in-Furness, Carlisle and Sellafield. The accommodation benefits from being within a reasonable distance of Sellafield, a large nuclear site which directly employs 10,000 people meaning there will be a continued rental demand from it’s employees.

Please note the tenure is leasehold however the property comes with a share of freehold therefore there isn’t any ground rent to be paid.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop 8.16% NET yield
    Tick Desktop Three spacious and well proportioned rooms
    Tick Desktop Excellent views
    Tick Desktop Modern fully-fitted kitchen with appliances
    Tick Desktop Well presented throughout
    Tick Desktop Family bathroom
    Tick Desktop Beautiful seaside location
  • LocationLocation
  • EPCEPC

*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 SSTC
Service charge SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

*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.