Summary - 2 CROSBY STREET CARLISLE CA1 1DQ
4 bed 1 bath Serviced Apartments
**Standout Features:**
- Freehold property with a lucrative rental income of £73,000.
- Recently converted in 2018 into four luxury self-contained serviced apartments.
- Ground floor commercial unit with a reliable sitting tenant.
- Prime city centre location near major cultural and historical landmarks.
- High-end finishes and bespoke furnishings throughout the apartments.
- Business rated 'exceptional' on Booking.com with 'Super Host' status on Airbnb.
**Potential Downsides:**
- Property located in an area with very high crime rates.
- Experience of maintenance issues typical in urban settings must be factored in.
**Summary:**
Discover an exceptional investment opportunity in the heart of Carlisle with the sale of this stunning freehold property on Crosby Street. Newly renovated in 2018, The Old Wool House Apartments boasts four luxurious, fully furnished one-bedroom apartments, ideal for short-term rentals, alongside a commercial unit with a dependable sitting tenant. Ideal for investors or families seeking additional income, this property generates impressive net rental income and has a strong history of repeat guests and extended stays, notably benefiting from proximity to the Carlisle Crown Court.
Each apartment offers a spacious living area, bespoke kitchens, and chic tiled bathrooms with large walk-in showers—no expense has been spared on the finishes. With a prime city centre location placed conveniently amid restaurants, shops, and historical sites, this property promises an enriched urban lifestyle. However, prospective buyers should be aware of the area's high crime rates. Don’t miss out on this unique opportunity; properties of this caliber, blending luxury living with strong rental potential, are rare to find.
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