**Standout Features:**
- Investment opportunity with an annual rental income of £62,940
- Completely refurbished luxury Victorian apartment block, approximately 5 years ago
- Five fully furnished apartments with stylish kitchens and elegant bathrooms
- Electric underfloor heating and double glazing throughout
- Prime city-center location near shops, restaurants, and entertainment
- Managed by Fine & Country, ensuring regulatory compliance and tenant management
- On-street parking permits available
**Potential Concerns:**
- High crime rate in the local area
- Broadband speeds are very slow
- Property condition may need continuous maintenance oversight
Embrace a lucrative investment with the stunning Cavendish Apartments, a fully refurbished Victorian block of flats ideally situated in the heart of Carlisle. This property boasts five stylish apartments, each retaining attractive period features such as high ceilings and detailed moldings while offering modern conveniences, including electric underfloor heating and contemporary kitchens equipped with high-quality appliances. Currently generating a substantial annual rental income, the apartments are already occupied with tenants on assured shorthold tenancies, making this an ideal choice for first-time investors or those looking to expand their property portfolio.
While the area is vibrant, it faces a high crime rate, which potential tenants should consider. Additionally, while in overall good condition, ongoing management will be required to maintain this attractive property. With its prime location near shops and cultural attractions, plus the potential for further renovations, this investment won’t stay on the market for long. Act quickly to secure your chance to own a piece of this desirable city-center real estate!
