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See how verdicts work10-bedroom flat · CA28 7JH
Sold STCListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference number : 271790 attention all investors! A substantial three-storey period building occupying a prominent trading position on Whitehaven's main shopping street.
The ground floor comprises a large retail unit, currently occupied by Barnardo's, while the upper floors have been converted into ten self-contained residential flats (Flats 1–10), accessed via a communal entrance, stairwell and corridors.
The flats currently produce a combined rental income of approximately £37,236 per annum, rising to a potential £51,828 per annum once fully let. Guide price £475,000.
Key features: - Prominent town-centre trading position on King Street, Whitehaven - Ten self-contained residential flats across upper floors - Current rental income of £37,236 per annum, rising to a potential £51,828 per annum at full occupancy - Communal entrance, stairwell, corridors - Recently refurbished flats - EPC ratings across flats range from C to E - Close to Whitehaven town centre amenities and harbour - A lot of empty space in the building with potential to develop into more flats.
EPC breakdown: - Flat 1: Rating E - Flat 2: Rating E - Flat 3: Rating E - Flat 4: Rating E - Flat 5: Rating D - Flat 6: Rating C - Flat 7: Rating D - Flat 8: Rating C - Flat 9: Rating D - Flat 10: Rating E Council Tax: A Current Annual Ground Rent: £500 Current Length Of Lease Remaining: 191 Years Warning: Never transfer funds to a property owner before viewing the property in person.
If in doubt contact the marketing agent or the Citizens Advice Bureau.
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Viewing disclaimer: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended.
If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
Property Reference number : 271790
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
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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.
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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
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FAQ
About Flats 1-10, 57, King Street, Whitehaven, King Street, Whitehaven, Whitehaven
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