Immediate rental income with clear refurbishment upside for hands-on buyers.
Current income £905 PCM from two tenancies
Sitting tenants in place on assured shorthold tenancies
Electric storage heating; double glazing (install date unknown)
Solid brick walls assumed without insulation
Requires renovation: bathroom tiling, ceilings, dated fittings
Small overall footprint — approx. 769 sq ft
EPC rating E
Local area: very deprived with very high crime rates
This three-floor mid-terrace in Whitehaven town centre is offered as two flats within one building — an immediate-income investment with scope for uplift. The property currently returns £905 PCM from two assured shorthold tenancies, so you can acquire income from day one. The building is compact (approx. 769 sq ft) and priced to reflect its condition and local market.
The flats are straightforward in layout: a top-floor studio-style flat (26A) and a larger two-bedroom maisonette (26) over two floors. Heating is by electric storage heaters and glazing is double, though install dates are unknown. The construction is solid brick with no known wall insulation (assumed), and the EPC rating is E.
There are material considerations to factor into valuation and management: the area is classed as very deprived with very high local crime rates, and the property requires renovation and ongoing maintenance (bathroom tiling, ceiling wear and dated fittings noted). Tenants are currently in situ on shorthold tenancies and the tenure of the building is not provided.
For an investor prepared to manage refurbishment and tenant relations, the block offers clear regeneration potential and the chance to increase rents after upgrades. It suits buyers seeking a low-entry, central-location rental asset rather than a hands-off, high-spec purchase.
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