Dalton-in-Furness, LA15 8EH | Investment Property for Sale | VES-LA15-001

Opportunity to purchase a property in Dalton-in-Furness generating £5,940 gross rent pa & gross yield of 6.3%

£95,000

Terraced House

VES-LA15-001

INITIAL INVESTMENT

£29,100

Based on

deposit: £23,750

stamp duty: £2,850

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£5,940

GROSS YIELD

6.3%

ADD TO FAVOURITES

Long-term tenant

Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.

Benefits include:

  • Steady income
  • Minimised wear and tear
  • Fewer void periods

The property

TENANCY

Tenanted

TENURE

Freehold

2 bedrooms

1 bathroom

2 reception rooms

801

Unfurnished

Property information

  • Split over 2 floors
  • The ground floor comprises:
    • Lounge
    • Dining room
    • Kitchen
  • The first floor comprises
    • 2 x bedrooms
    • Bathroom
  • EPC rating D
  • Council tax band A
  • Monthly rental income £495
  • The tenants have been in situ since 2015

Location information

  • The property is located just a short walk from the town centre of Dalton-in-Furness
  • Dalton railway station is around 0.5 miles from the property and can be reached on foot
  • There are bus stops just a short walk from the property with regular services

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Dalton-in-Furness, Cumbria

Dalton-in-Furness is a town in Cumbria, in the north-west of England. It is located approximately 4.4 miles north-east of Barrow-in-Furness.

The A590 road connects Dalton to Barrow-in-Furness and further on to the M6 at junction 38.

Dalton railway station is on the Furness Line and services run between Barrow-in-Furness and Lancaster. The majority of trains continue on to Preston and Manchester Airport in the south whilst some continue to Carlisle via Millom in the north.

Dalton is only about a 15-minute car journey from the Lake District National Park which offers an abundance of outdoor opportunities and daytrips for the family. The local attractions include Dalton Castle and South Lakes Safari Zoo.

Market Street is the local high street which has several shops, cafes and pubs. For further shopping Barrow-in-Furness offers a wide range of retailers.

Education is provided by four primary schools and one secondary school. There is a sixth form college in Barrow, Furness College and Kendal Colleges of further education.

Queen Street,

Dalton-in-Furness,

Cumbria,

England,

LA15 8EH

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Questions?

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

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