Summary

• Well let investment
  
• 3 Flats
  
• Long standing tenants
  
• Town centre location
  
• £279,500 for the freehold

Location

The property is located adjacent to the River Kent on Aynam Road, to the south of its junction with Bridge Street and with excellent access to Kendal Town centre via Miller Bridge over the river. Nearby large employers include Gilbert Gilkes & Gordon Ltd and Anord Mardix (UK )Ltd. The market town of Kendal is excellently serviced by both rail and motorway connections.

Description

A well let residential property investment comprising a block of three self-contained flats that are presently let to long standing tenants. The property is a traditional stone built attached building over three floors that internally comprises three one bedroom flats, each with its own bathroom and kitchen. The third flat to the second floor is of a studio layout with a combined living room and kitchen. Each flat is separately metered for both water and electricity supplies. To the rear of the property is private parking for a single vehicle.

Offers based on £279,500 or the freehold interest subject to the existing AST agreements.

LEASE DETAILS
Each of the three flats are separately let to long standing tenants by way of assured shorthold tenancy agreements. We are advised that the current gross rental income is £17,520 per annum. Copies of the AST agreements can be viewed at our offices by appointment.