Summary - 55b, High Street, CLEATOR MOOR CA25 5BQ
2 bed 1 bath Flat
**Key Features:**
- Newly refurbished 2-bedroom flat
- Located in a prime town center area of Cleator Moor, Cumbria
- Gross Initial Yield of 15.53% with annual rental income of £13,200
- Long leasehold with 999 years remaining
- Close to local amenities including shops, restaurants, and excellent transport links
- Potential investment opportunity with current tenants secured in place
Located in the heart of Cleator Moor, this newly refurbished self-contained 2-bedroom flat offers an enviable investment opportunity with a striking 15.53% gross yield and a robust rental income of £13,200 per annum. The first-floor flat spans 688 sq ft and is designed for comfortable living, boasting modern finishes suitable for small families or young professionals. With commercial premises just below, this property maximizes both investment potential and convenience.
Although the surrounding area has above-average crime rates and a classification of being "very deprived," the location is bustling, with easy access to a variety of local amenities such as shops and eateries, making it an attractive option for renters. The property also allows for flexibility in future renovations to increase value or adapt the space as needed. Don’t miss this opportunity to secure a well-situated rental property that’s been thoughtfully refurbished to a high standard.
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