Property photos
Auction
Guide price
£315,000
Block of flats for sale
Foster Street, Penrith CA11Local area information
Property location
Nearby amenities
- St Catherine's Catholic Primary School 0.1 miles
- Brunswick School 0.2 miles
- Penrith (North Lakes) 0.4 miles
- Langwathby 4.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Residential Investment Opportunity
• 3 adjoining dwellings in residential area close to the town centre
• Includes two 2-bedroom maisonettes and one 2-bedroom flat
• Communal rear courtyard with storage sheds and summerhouse
• Current gross rental income £22,740 per annum
• Edge of Lake District market town
Location
Penrith is a market town, situated just to the north-east of the Lake District National Park, with a population of around 15,000. Traditionally a farming area, the town also has local and regional businesses and tourist trade throughout the year. It is at J40 of the M6, which links with the west-east A66 trunk road, and 20 miles south of Carlisle and has a railway station on the West Coast Main Line. Local facilities include two secondary schools, a range of independent shops, pubs, cafes, a leisure centre and auction mart. Major retailers in the town include Argos, Peacocks, B&M, B&Q, Boots, Booths, Sainsburys, wh Smiths, Morrisons, Aldi and M&S Foodhall. The property is situated in a residential area within walking distance of the town centre.
Description
The terrace property comprises 3 well-appointed dwellings including an apartment on the second floor and two maisonettes each having ground and first floor accommodation, all accessed via a covered passageway which leads to a communal back yard with stone sheds. Each dwelling is self-contained and has double glazing, gas central heating and a fitted kitchen with integral appliances.
1 Foster Street / Nelsons Piece
Spacious second floor apartment with access via stairs from back yard.
Hall
Open plan Living Room/Dining/ Kitchen Area, 3.50m x 7.30m with vaulted ceiling, character beams and dual aspect windows, Hall, Bedroom 1,2.93m x 4.70m.
Bedroom 2,2.47m X 3.29m.
Bathroom/WC including with shower over bath, wash hand basin and WC and extractor fan
2 Foster Street/ Shepherd's Cottage
Maisonette with access from passageway.
Ground Floor
Living Room, 3.40m x 3.89m into alcoves, with front door from the street.
Kitchen, 3.2m x 3.4m.
First Floor
Bedroom 1,3.93m x 4.74m (max).
Bedroom 2,2.28m x 2.33m.
Bathroom/WC, bath with shower riser, wc and wash basin and extractor fan.
3 Foster Street/ Yeoman's Cottage
Maisonette with access from back yard.
Ground Floor
Entrance Porch
Kitchen, 3.17m x 3.65m
Living Room, 3.88m x 3.88m, with front door from the street.
Bathroom/WC, bath, wc and wash basin and extractor fan.
First Floor
Bedroom 1,3.62m x 3.91m (max).
Bedroom 2,3.02m x 3.20m.
All references to areas and dimensions are deemed to be approximate.
• 3 adjoining dwellings in residential area close to the town centre
• Includes two 2-bedroom maisonettes and one 2-bedroom flat
• Communal rear courtyard with storage sheds and summerhouse
• Current gross rental income £22,740 per annum
• Edge of Lake District market town
Location
Penrith is a market town, situated just to the north-east of the Lake District National Park, with a population of around 15,000. Traditionally a farming area, the town also has local and regional businesses and tourist trade throughout the year. It is at J40 of the M6, which links with the west-east A66 trunk road, and 20 miles south of Carlisle and has a railway station on the West Coast Main Line. Local facilities include two secondary schools, a range of independent shops, pubs, cafes, a leisure centre and auction mart. Major retailers in the town include Argos, Peacocks, B&M, B&Q, Boots, Booths, Sainsburys, wh Smiths, Morrisons, Aldi and M&S Foodhall. The property is situated in a residential area within walking distance of the town centre.
Description
The terrace property comprises 3 well-appointed dwellings including an apartment on the second floor and two maisonettes each having ground and first floor accommodation, all accessed via a covered passageway which leads to a communal back yard with stone sheds. Each dwelling is self-contained and has double glazing, gas central heating and a fitted kitchen with integral appliances.
1 Foster Street / Nelsons Piece
Spacious second floor apartment with access via stairs from back yard.
Hall
Open plan Living Room/Dining/ Kitchen Area, 3.50m x 7.30m with vaulted ceiling, character beams and dual aspect windows, Hall, Bedroom 1,2.93m x 4.70m.
Bedroom 2,2.47m X 3.29m.
Bathroom/WC including with shower over bath, wash hand basin and WC and extractor fan
2 Foster Street/ Shepherd's Cottage
Maisonette with access from passageway.
Ground Floor
Living Room, 3.40m x 3.89m into alcoves, with front door from the street.
Kitchen, 3.2m x 3.4m.
First Floor
Bedroom 1,3.93m x 4.74m (max).
Bedroom 2,2.28m x 2.33m.
Bathroom/WC, bath with shower riser, wc and wash basin and extractor fan.
3 Foster Street/ Yeoman's Cottage
Maisonette with access from back yard.
Ground Floor
Entrance Porch
Kitchen, 3.17m x 3.65m
Living Room, 3.88m x 3.88m, with front door from the street.
Bathroom/WC, bath, wc and wash basin and extractor fan.
First Floor
Bedroom 1,3.62m x 3.91m (max).
Bedroom 2,3.02m x 3.20m.
All references to areas and dimensions are deemed to be approximate.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Listed by
Mere Commercial
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