Refurbish and rent quickly for strong gross yield in central Kendal.
Chain-free two-bedroom maisonette with river-facing rooms
A chain-free two‑bed maisonette overlooking the River Kent, ideal for a first-time buyer or buy-to-let investor seeking value. The flat benefits from secure communal access, double glazing, and gas central heating, with attractive river views from the living room and main bedroom.
The accommodation spans two levels: a large kitchen/diner and living room on the lower floor, with two double bedrooms and a bathroom upstairs. The property requires full modernisation throughout — cosmetic and likely some systems work — so expect refurbishment costs but also scope to add value and create a contemporary finish.
Investment appeal is clear: a projected post-refurb rent of around £800pcm gives a gross yield of approximately 7.6% at the current asking price. Practical considerations include an 87‑year lease (leasehold), medium flood risk, and an area with above‑average crime levels — factors buyers should factor into budgeting and insurance.
Situated centrally in Kendal, the maisonette places shops, cafés and transport links within easy reach while communal outdoor lawns lead down to the riverside promenade. Council Tax band A keeps running costs low, but the tenure, refurbishment requirement and local area characteristics make this best suited to buyers comfortable managing a project or investors planning refurbishment before letting.
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