Summary - Seabank Road, Egremont CH45 7PG
6 bed 2 bath End of Terrace
Three-let Victorian building on a dominant corner plot with immediate income..
Three self-contained flats with six bedrooms total
A substantial Victorian end-of-terrace on a prominent corner plot, arranged as three self-contained flats with six bedrooms overall. All units are sold with fully contracted tenants, providing immediate rental income and a straightforward income stream for a buy-to-let portfolio. The property benefits from double glazing, gas central heating and decent external space for an urban corner plot.
The building is in liveable condition but will repay investment: kitchens and bathrooms are mid-20th century and would benefit from modernisation to increase rents and capital value. EPCs are E, E and D, so energy-efficiency improvements will be required to improve long-term running costs and appeal to higher-quality tenants.
Practical features include off-street parking for one vehicle, bay windows and high ceilings that retain period character, and reasonable proximity to the promenade and local amenities. The immediate area scores as very deprived, which affects long-term capital growth potential but supports steady rental demand and low void risk in this location.
This is a clear hands-off rental purchase for an investor seeking immediate income from contracted tenancies, with short-term refurbishment potential to raise yields. Buyers should budget for energy upgrades and cosmetic modernisation and be aware of the area’s socioeconomic profile when projecting future growth.
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