Summary - Schooner Street, Barrow-in-Furness LA14 2SF
1 bed 1 bath Flat
Affordable buy-to-let near major employer with tenant in place.
Top-floor one-bedroom flat, 317 sq ft
A compact top-floor flat on Schooner Street, offered for sale with a tenant in situ — a straightforward addition to a rental portfolio. The one-bedroom layout includes a roomy lounge, fitted kitchen with utility area, and three-piece bathroom. Off-street parking is available by permit and the property sits close to major local employer BAE and public transport links.
The building dates from before 1900 and has solid brick walls; the flat is economical to buy at £30,000 but will need some investor attention. Heating is by electric room heaters and the property shows signs of age and dated finishes that present refurbishment potential. The lease has about 85 years remaining and council tax is low (Band A).
This is aimed at landlords or small-scale developers seeking an affordable, city-centre rental in a challenged, high-crime area. The tenant-in-situ sale provides immediate income, but purchasers should factor in ongoing management, possible upgrade costs (insulation, heating), and the neighbourhood’s socioeconomic challenges when assessing returns.
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