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Very Rare Investment Opportunity - 6 Large Flats

Very Rare Investment Opportunity - 6 Large Flats

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Auction date

25 Mar 2026

Guide price

£390,000

Type

Commercial

Tenure

Freehold

EPC Rating

C

Status

Upcoming

Auction location placehbolder

Description

This property represents a unique investment opportunity, consisting of a large block of 6 flats located in the historic town of Workington in the Lake District. Each flat is tenanted on 6 years and 11 months full FRI agreements which include maintenance and bills. The block has been fully renovated and furnished, featuring upgrades such as new electrical wiring, fire safety systems, and modern kitchens and bathrooms in all flats.

  • Commercial market value projected at £606,000.
  • Net annual income of £42,300.
  • The property was last valued at £500,000 in May 2024.
  • All measurements and properties are provided for guidance and should be verified by potential buyers.

Last update: 06 Feb 2026

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