Quality Investment Opportunity Available in Cumbrian Hotspot
Posted on 26th May 2011
A fully let residential investment opportunity is now available for sale situated on the shores of Lake Windermere, in the heart of the stunning Lake District National Park.
Eden Vale, Lake Road, Ambleside comprises a detached three storey(plus part lower ground floor) stone built residence converted into 10 self-contained apartments together with communal laundry and store. Rear accommodation also offers a further six studio apartments consisting of three pairs of semi-detached units of brick construction. All accommodation comes with a fully fitted kitchen and the site has 14 car parking spaces.
Ambleside is an extremely picturesque and popular year round tourist destination and the property is located in a prominent position fronting Lake Road, the town’s main one way road system. Ambleside also houses a campus of the University of Cumbria, formally St Martin’s college, together with all local amenities and tourist attractions.
Within the last five years the original property has had new plumbing throughout, a fire alarm system, a new heating system and two new boilers. The property is currently fully let and benefits from a gross income of approximately £97,000 per annum.Offers for this attractive investment property are invited in the region of £995,000 for the freehold interest and enquiries should be made with Danny Pinkus on 01772 769000 or email at danny@pinkus.co.uk