1-3 Market Place, Workington, Cumberland, CA14 4AX

Prime Residential Investment Opportunity – Fully Let Block of 6 Flats An exceptionally rare opportunity to acquire a fully tenanted block of six self-contained flats, ideally located in the historic town of Workington, on the edge of the Lake District. Investment Highlights Fully let investment with all units secured on 6-year 11-month Full Repairing and Insuring (FRI) leases, including maintenance and bills Immediate, hands-off income with long-term tenancy agreements in place Recently refurbished (June 2024) to a high standard throughout All furniture, fixtures, and white goods included in the sale Refurbishment & Specification The entire building underwent a comprehensive renovation prior to handover, including: Full electrical rewire New integrated fire safety system Intercom access installed in each flat Brand-new kitchens and bathrooms Full redecoration throughout New carpet flooring in all flats Durable industrial laminate flooring in communal areas Asset Value & Growth Potential Valued at £500,000 (May 2024) prior to lease agreements Projected commercial valuation: £606,000 (February 2026) Offered below market value, presenting a strong yield and potential for a “money-out” investment strategy Tenure & Flexibility Freehold ownership Potential to split into individual leasehold titles for future resale or asset optimisation Accommodation Overview 1 Market Place Entrance…

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