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See how verdicts work2-bedroom flat · CA22 2DB
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent investment opportunity, this two-bedroom first-floor maisonette is being sold with a sitting tenant, making it an ideal addition to any property portfolio.
Currently generating £525 per calendar month, the property offers an impressive 11.4% gross rental yield, providing an attractive ready-made investment from day one.
Conveniently located in the heart of the popular town of Egremont, the property enjoys easy access to a wide range of local amenities, including shops, schools and excellent transport links.
Internally, the accommodation is arranged over two floors and briefly comprises an entrance hall, spacious living room and fitted kitchen to the first floor, with two well-proportioned bedrooms and a bathroom to the second floor.
Externally, the property also benefits from one allocated parking space. Offering a strong rental return in a sought-after location, this is an opportunity not to be missed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
WHV260534/2 Entrance Hall Welcoming entrance to the home, accessed via an external staircase to the rear of the property.
Kitchen 2.62m x 2.75m Offering a range of fitted units, with tiled backsplash, sink and freestanding electric cooker.
Lounge 3.9m x 4.15m Bright but cosy living room, centred by a feature fireplace with electric insert. Second Floor With landing. Bedroom 1 2.55m x 3.82m Double Bedroom.
Bedroom 2 2.46m x 2.93m Single Bedroom. Bathroom 1.6m x 2.9m Benefitting from a bath with shower over, w/c, and wash hand basin.
Parking The property benefits from an allocated parking space, suitable for one car. Agents Notes The property benefits from gas heating and double glazing.
The property has an allocated parking space for one car, located to the rear of the property. The property is leasehold, a ground rent charge of £10 per calendar month.
Important: The property is situated above a commercial premises and has approximately 51 years remaining on the lease.
Buyers intending to purchase with the assistance of a mortgage are advised to check with their proposed lender that the property meets their lending criteria.
Tenancy Tenancy: The property is currently tenanted and is managed by Your Move on a rent collection basis. Notice has not been served on the current tenant.
Buyers intending to purchase the property for owner occupation should be aware that notice will need to be served and possession obtained in accordance with the terms of the tenancy and all relevant legal requirements.
Further information is available from the branch.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Main Street, Egremont, Cumbria, CA22
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