This excellent six bedroom HMO comprises of an entrance hallway leading to a
spacious communal lounge with double glazed window to the front; a fully
fitted kitchen with all appliances included and two double glazed windows to
the side offering plenty of natural light; hallway leading to the first
bedroom fitted with en - suite. The first floor comprises of three bedrooms all
fitted with their own en - suite; the second floor comprises of two further
double bedrooms both fitted with en - suites. The property also comes with with
a cellar which has further potential for another bedroom.
Cumbria is ideal for commuters, being just a 45 minute journey from Lancaster
and a 40 minute journey to the seaside of Morcambe.
A three - year programme of regeneration works which have transformed Maryport
railway station has been celebrated by Community Rail Cumbria in partnership
with Cumbria County Council. Following the investment of £1. 2million to
create a spacious car park at the front of the station, Maryport Transport Hub
provides wide - ranging benefits such as free car - parking, safe access and
improved signage. The hub aims to encourage people to travel by train along
the Cumbrian Coast. Bringing the demand for rental property currently, through
the roof!
In addition to this significant development, Northern Rail committed to major
platform refurbishment works, including removal of vegetation, excavation and
laying of foundations for new shelter, platform resurfacing, improved
drainage, shelter lighting and customer information screens. Now a unique
community initiative called 'The Edge of Empire', which complements the
station improvements, has been unveiled by the Cumbrian Coast Community Rail
Partnership (crp), making now a great time to invest in the area.
**Financial Breakdown**
Gross rent: £39, 420
Lettings fees: £3, 942
Net income: £23, 294
Gross yield: 16. 09%
Net yield: 9. 51%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07213

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