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Very Rare Investment Opportunity in Fully Let Block of Flats
Address
See address
Auction date
28 May 2026
Guide price
£375,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
This property presents a very rare investment opportunity, featuring a fully let block of six flats located in the historic town of Workington, adjacent to the scenic Lake District. The property has a commercial market value of £606,000 yet is guided over 30% below that value, making it an exceptional deal for investors.
- Investment Highlights: £42,300 net income per annum
- Fully let with long-term tenancy agreements (FRI)
- Recently refurbished to a high standard with modern amenities included
- High yield potential with future resale flexibility
This investment combines strong rental security with a clear upside, offering a unique opportunity for immediate returns and future asset optimization.
Last update: 07 May 2026
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This property presents a very rare investment opportunity, featuring a fully let block of six flats located in the historic town of Workington, adjacent to the scenic Lake District. The property has a commercial market value of £606,000 yet is guided over 30% below that value, making it an exceptional deal for investors.
Auction Date
28 May 2026
Guide Price
£375,000
This impressive block of residential flats presents a significant investment opportunity in a desirable town centre location. It features five spacious flats, with potential for title division and conversion into leasehold. Positioned conveniently, this investment is ideal for those looking to enhance their rental portfolio.
Auction Date
28 May 2026
Guide Price
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