Summary - Flat B, 38, Lord Street LA14 1EN
3 bed 1 bath House
**Standout Features:**
- End terrace property converted into three separate flats
- Includes two one-bedroom flats and one two-bedroom flat
- Well-located in central Barrow, close to amenities and shops
- Investment potential with a 15% rental yield
- Total size of 2,307 sq ft, providing substantial living space
- Double glazing installed, ensuring energy efficiency
- Freehold tenure provides ownership control
**Potential Concerns:**
- Requires renovation and maintenance
- Area classification indicates socio-economic challenges
This expansive end terrace property presents an exceptional investment opportunity in the heart of Barrow. Split into two one-bedroom flats and one two-bedroom flat, this versatile accommodation offers multiple income streams, with existing tenants in two flats and one currently undergoing refreshing updates. The property boasts a generous total of 2,307 sq ft and, with its prime central location, is mere moments from various local amenities, making it an attractive proposition for potential renters.
Although the property does require renovation, the strong rental yield of 15% underscores its potential as a lucrative investment. Additionally, investors will appreciate the affordability, as the council tax is notably low. Families will benefit from nearby schools with good Ofsted ratings, enhancing the area's appeal. The current market climate presents a unique opportunity—properties like this, rich with potential and positioned in a sought-after location, are rare; act quickly to secure this promising investment!
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