2 bed flat

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2 bed flat

Waterside, Kendal LA9
£125,000

Our Summary

  • Offered without a chain, this is a flat that is ready for refurbishment and a contemporary make over and is ideally suited to a first-time buyer or an investor landlord looking to add to their portfolio
  • The flat is competitively priced to reflect the need for updating and for landlords, a rent in the region of £800 should be possible after refurb giving you a gross yield at purchase of 7
  • In need of modernisation

Description

This two-bedroom maisonette is located in the heart of the town, overlooking the River Kent, and is being sold without a chain. The property is ready for refurbishment and a contemporary makeover, making it an ideal opportunity for a first-time buyer or an investor landlord. The flat has a secure entrance, with electronic fob and intercom access, and is accessed via a flight of stairs to a balcony area before entering the flat. The open-plan kitchen/diner and living room on the lower level offer lovely views of the river, while the two double bedrooms and bathroom are located on the upper level. The property benefits from double glazing and gas central heating, and is competitively priced to reflect the need for updating. With a potential rental income of £800 per month, it offers a gross yield of 7.6% for landlords. The location is central to the town centre, with a wide range of amenities, restaurants, and transportation links nearby.