Newlands House, Stanger Street, CA12 5JU
Town / Village:
Keswick (where's Keswick?
Unique Property Reference:
Newlands House is a substantial end of terrace late Victorian property arranged over three floors plus cellar and small attic room. Built in 1895 by a renowned local builder for his own personal use, Newlands House has remained in the possession of the same family since its construction.
The property was converted some time ago to provide three self contained two bedroomed apartments, each with an allocated parking space to the rear. All three apartments have spacious accommodation including two double bedrooms, a kitchen/diner, large living room and bathroom. In addition the top flat has access to the small undereaves attic room, and the ground and first floor flats each have the use of space in the cellar. The apartments also have gas central heating installed, and benefit from some attractive views over the town towards the surrounding Lakeland fells.
The building is of traditional construction having solid stone and brick walls under pitched roofs covered in local slate. The flats are accessed via a communal timber framed entrance porch to the side of the building, which in turn may be reached from both Stanger Street to the front and the parking spaces to the rear via a side pathway. The ground floor flat also has an external door to the rear.
The apartments are all let on Assured Shorthold Tenancies which provide a gross income in the region of £18,720 per annum. The sale of this property offers an unusual opportunity to acquire a well performing residential investment in an area with high demand for rented accommodation. Alternatively, the property may afford an opportunity for re-development of the accommodation with a view to individual sales on the open market.
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