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£160,000
4 beds · 3 baths
Carlisle Street, Barrow-In-Furness, LA14 1QT - Investment Property Generating £26,000 Gross Income P.A
0.47 miles
away
Added today eXp UK
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£255,000
Offers in Region Of 3 bed flat for sale School Street, Barrow-in-furness, LA14 2JN
3
beds 3
baths Block of Flats
Tenure: ask agent
Added today
About this property
Introducing an exceptional investment opportunity on School Street, Barrow-In-Furness— an exclusive block of three luxury modern flats, available for purchase at an attractive asking price of £255,000. This is a rare chance to acquire a hands-free investment with impressive returns, as each flat is already rented out at £725 per calendar month to professional tenants, with full management services in place. - Gross Income Per Annum of £26,100 Please quote JH0884 when enquiring Key Features: Barrow-In-Furness is a thriving area with a rich history and a vibrant community.
Key features
- Rare opportunity to acquire Three luxury modern flats
- Recently developed to the highest standards
- Currently generating £26,100 Per Annum
- Professional Tenant Profile - AST Agreements In Place
- Flat 1 / £725 PCM - Flat 2 / £725 PCM - Flat 3 / £725 PCM
- Featuring Modern Interiors
- Double Glazed Sash Windows - In keeping with the buildings heritage
- Intercom System
- Viewings available upon request
- Please quote JH0884 when enquiring about this property
Location
School Street, Barrow-in-furness, LA14 2JN
- Council tax
- Band D (Approx £2,508/year)The agent has not stated the band, so band D is shown as the local reference: Westmorland and Furness's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £255,000
£127k £383k
Deposit10% £26,000
£0 £255k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £229,000 mortgage. Most lenders would want a household income of about £51,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in LA14 2JN. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 14, School Street Terraced | Terraced | Oct 2015 | 1,453 sq ft | 1,453 sq ft | — | £53,500 |
| 18, School Street Terraced | Terraced | Oct 2014 | 1,453 sq ft | 1,453 sq ft | — | £45,000 |
| 28, School Street Terraced | Terraced | May 2011 | — | — | — | £35,000 |
| 10, School Street Terraced | Terraced | May 2008 | — | — | — | £113,000 |
| 22, School Street Semi-detached | Semi-detached | Jan 2007 | — | — | — | £50,000 |
| 20, School Street Terraced | Terraced | Jul 2004 | 1,593 sq ft | 1,593 sq ft | — | £45,000 |
| 12, School Street Terraced | Terraced | Oct 2003 | 1,367 sq ft | 1,367 sq ft | — | £20,000 |
| 6, School Street Terraced | Terraced | Apr 2002 | — | — | — | £24,950 |
All sales on School Street → All sold prices in Barrow-in-Furness →
Area insights
The neighbourhood around this property.
