**Standout Features:**
- Rare opportunity to acquire three residential flats in a prime Penrith town center location
- Recent energy performance upgrades with potential for strong rental yields
- Currently fully let, achieving an annual rent of £15,660
- Versatile usage options: residential lettings, holiday accommodations, or short-term rentals
- Excellent transport links with proximity to Penrith train station and the M6 motorway
**Summary:**
This exceptional development at 19 King Street offers a unique investment opportunity in the heart of Penrith. Arranged over three floors, the property comprises one- and two-bedroom flats, blending historic charm with modern renovations. Each unit is fully functional, currently tenanted, and collectively yields an impressive rental income of £15,660 per annum.
Nestled within a vibrant market town, you're just a short stroll away from a plethora of amenities, schools, and leisure facilities, making it ideal for families, professionals, and investors alike. The recent energy performance upgrades enhance its appeal, ensuring lower utility costs and increased desirability in a competitive rental market.
While the flats are in good functional condition, potential buyers should ensure thorough inspections and gauge the future maintenance needs. The favorable location—close to transport links and just miles from the scenic Lake District—positions this property as a smart long-term investment. Priced at a guide of £250,000, opportunities like this don't last long—act quickly to secure your stake in this sought-after area.
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