Summary - 19, KING STREET CA11 7AJ
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime location in Penrith town center
- Development of 3 residential flats (1 and 2 bedrooms)
- Currently fully tenanted, generating £15,660 annual rental income
- Recent energy performance upgrades
- Versatile property use potential: residential rentals, holiday lettings, or short-term stays
- Rare opportunity for a freehold investment
**Summary:**
Discover an exceptional investment opportunity in the heart of Penrith with this freehold property at Rear Building, 19 King Street. Comprising three well-appointed residential flats, including a mix of 1 and 2-bedroom units, this property boasts a lucrative fully-tenanted status with an annual rental income of £15,660. Recent energy performance upgrades enhance its appeal, demonstrating strong rental growth prospects and making it suitable for various uses such as traditional residential renting or holiday accommodations.
Located just a short walk from the bustling shopping core, the property enjoys excellent transport links, providing easy access to Penrith train station and the M6 motorway. While the building exhibits a classic charm with its Victorian terraced design, it offers room for modernization, allowing savvy investors to maximize its potential. With a guide price of £250,000, this opportunity to secure a valuable asset in a popular market town won’t last long—envision your future success in Penrith today!
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