Offers over
£750,000
7 bed property for saleCavendish Apartments, 80 Warwick Road, Carlisle CA1
7 beds
5 baths
5 receptions
EPC Rating: D
- Freehold
Fine & Country - Cumbria
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About this property
Excellent investment opportunity
Luxury city centre apartment building
Completely refurbished approx. 5 years ago
Current annual rental income of £62,940
All flats let on Assured Shorthold Tenancies
Bathrooms with electric underfloor heating
Fully furnished to a high standard
Double glazing throughout
Fine and Country are delighted to offer this unique opportunity to acquire a substantial Victorian, city centre, period property which has recently undergone a total re design and refurbishment approx. Five years ago. All five apartments are compliant with current landlord regulations & let to tenants on Assured Shorthold Tenancies. They are let fully furnished with detailed inventories. The investment currently produces an annual income of £62,940. A great investment for new investors or to perhaps add to an existing portfolio.
The Cavendish Apartments are all refurbished and finished to a high standard, retaining many period features including ceiling roses, coving and deep mouldings to the doors and skirtings. The apartments are fully double glazed with UPVC sash windows in period casings. Each apartment is fitted with a stylish kitchen and quality appliances; including microwaves, built in oven, dishwasher, hob, extractor, fridge freezer. The appliances are mostly Bosch, Zanussi, and Neff. Each apartment has an elegant and contemporary bathroom, fully tiled and with electric underfloor heating. All the apartments have individual electric; hot water cylinders and they are all metered separately in the communal basement for their electricity and water consumption. The property has a stunning sandstone pillared portico opening into a tiled central hallway with an impressive period turned staircase to all floors.
The individual Apartments are under the management of Fine & Country. The tenants are actively paying their rent to Fine & Country as the Managing Agents, and Fine & Country are responsible for ensuring that each of the apartments is compliant for the purposes of residential letting. Fine & Country regularly inspect the apartments as part of the management service, and they handle any maintenance requests raised by the tenants. The deposits for each of the active agreements are lodged in a Government Approved Deposit Protection Scheme, and the management fee is currently charged at a rate of 7.5% + VAT of the asking rent of each of the rental properties. Water rates are included in the asking rent.
Further details are available to genuinely interested parties.
Apartment 6 is on the ground floor. It has two sizeable bedrooms, both with built in mirrored wardrobes and attractive feature panelling. The basement bedroom has excellent ceiling height and a full height window with built in wardrobe and cupboard for the water tank. The open plan lounge/kitchen on the ground floor has the generous bay window to the front of the property making it is airy, spacious and full of light. It has an electric stove set in a traditional fireplace. The kitchen has a range of wall and base units with integrated hob, oven, extractor, fridge freezer, washer drier and dishwasher. The bathroom is large, stylish and finished to a high standard, with a bath and walk in shower, sink and WC, it is fully tiled with underfloor heating.
Tenancy start date 14.02.25; Rent pcm £1200; Rent pa £14,400; Council Tax band B.
Apartment 7 is on the ground floor. It has a tiled entry hall with practical cloaks cupboard housing the water tank. There is also access to the communal rear yard. The open plan lounge has a tasteful media wall with electric fire and attractive panelling with a dining area. The kitchen has a range of wall and base units with integrated hob, oven, extractor, fridge freezer, washer drier and dishwasher. The bedroom has a walk in wardrobe. The stylish bathroom is finished to a high standard with a walk-in shower, sink and WC and is fully tiled with underfloor heating.
Tenancy start date 24.04.25; Rent pcm £975; Rent pa £11,700; Council Tax band A.
Apartment 8 is found on the first landing, it is a one bedroom apartment. The apartment has a spacious living/dining room with period features and an electric stove set into a traditional fireplace. The kitchen is cleverly separated behind a partial partition wall, while retaining the flow to both rooms. The kitchen has a range of wall and base units with integrated hob, oven, extractor, fridge freezer, and dishwasher. The bedroom has feature panelling and a built in wardrobe. The bathroom is large, stylish and finished to a high standard with a walk in shower, sink and WC, it is fully tiled with underfloor heating.
Tenancy start date 17.01.25; Rent pcm £975; Rent pa £11,700; Council tax band A.
Apartment 9 has two bedrooms and is found on the second floor. The open plan lounge/kitchen has two large period windows and is bright and airy. The kitchen has a range of wall and base units with integrated hob, double oven, microwave, extractor, fridge freezer and dishwasher. The bedrooms are both spacious with attractive period panelling and built in wardrobes, in one is the washer drier condenser and the other houses the water tank, there is also ample storage. The bathroom is large, stylish and finished to a high standard with a walk in shower, bath, sink and WC, it is fully tiled with underfloor heating.
Tenancy start date 02.01.25; Rent pcm £1,100; Rent pa £13,200; Council Tax band B.
Apartment 10, on the second floor has one bedroom. The lounge/kitchen is full of character with exposed beams and partially pitched roof and delightful alcoves. The kitchen has a range of wall and base units with integrated hob, oven, microwave, extractor, fridge freezer and dishwasher. The bathroom is large, stylish and finished to a high standard with a walk in shower, sink and WC, it is fully tiled with underfloor heating.
Tenancy start date 10.03.25; Rent pcm £995; Rent pa £11,9400; Council Tax band A.
Location
The Cavendish apartments are situated in a prime city centre location, in the heart of Carlisle. They offer premium living in a highly sought-after location, with an array of shops, restaurants, and entertainment options, on the doorstep. For tenants with a vehicle, on-street parking permits are available. These apartments are ideal for working professionals looking to elevate their living experience with a touch of sophistication and convenience. The border city of Carlisle has a great deal to offer including beautiful riverside parks historic attractions and a vibrant pedestrianised centre with shops bars art galleries and cinemas. Hadrian’s Wall unesco World Heritage Site is on the edge of the city and the beautiful Solway Coast aonb is only five miles from the property. National road and rail links are excellent with M6 close by and the West Coast main line offering direct rail travel to London and many other major cities. The railway station in Carlisle is within minutes walking distance of the property.
Directions - If heading from the M6 jct 43 head west on Warwick Road for 1.5 miles the property is found on the left just after the turning for Alfred Street. What3words; range.noisy.chemistry
Services
The property is Freehold, Local Authority is Cumberland Council. Mains water, drainage and electricity. Each apartment has electric heaters and a hot water cylinder and is metered individually. The property is double glazed throughout. Each apartment has an EPC D, Council Tax is paid by the tenant and are band A for the three one bed apartments and band B for the two, two bedroom apartments. Broadband is available but will need connecting by the new owner. Please note - the mention of any appliances and/or services within these particulars does not imply that they are in full and efficient working order.
Viewings: Strictly by appointment with the sole selling agents, Fine & Country Cumbria. Tel Offers: Offers should be submitted to the selling agents. The owner reserves the right to sell at any time and will not be bound to accept the highest, or indeed any, offer. All genuinely interested parties are advised to register their interest with the selling agents.
Matters of Title: The property is sold subject to all existing easements, burdens, reservations and wayleaves, including rights of access and rights of way whether contained in the Title Deeds or informally constituted and whether referred to in the General Remarks and Stipulations or not. The Purchaser(s) will be held to have satisfied themselves as to the nature of such matters.
Tenure and Possession: The Freehold title is offered for sale with the benefit of the existing tenancies.
Money Laundering Obligations: We are required by law to carry out Anti Money Laundering Checks prior to issuing a memorandum of sale. We use an external agency to conduct these checks. Once an offer has been agreed, Coadjute will contact you to complete the checks electronically. A fee of £45 + VAT per person will apply and will be processed by Coadjute. If you have any queries please contact the office.
Website and Social Media: Further details of this property as well as all others offered by Fine & Country are available to view on our website . For updates on the latest properties like us on & Country Cumbria and Instagram on @fineandcountrycumbria
Referrals: Fine & Country work with preferred providers for the delivery of certain services necessary for a house sale or purchase. Our providers price their products competitively, however you are under no obligation to use their services and may wish to compare them against other providers. Should you choose to utilise them Fine & Country will receive a referral fee: Pia Financial Solutions – arrangement of mortgage & other products/insurances; Fine & Country will receive a referral fee of £50 per mortgage referral. Figures quoted are inclusive of VAT.
Company number 14680051
C&D Rural Ltd trading as Fine & Country Cumbria. Registered office: Lakeside, Townfoot, Longtown, Carlisle, CA6 5LY
copyright © 2024 Fine & Country Ltd.
Location
Location
The Cavendish apartments are situated in a prime city centre location, in the heart of Carlisle. They offer premium living in a highly sought-after location, with an array of shops, restaurants, and entertainment options, on the doorstep. For tenants with a vehicle, on-street parking permits are available. These apartments are ideal for working professionals looking to elevate their living experience with a touch of sophistication and convenience. The border city of Carlisle has a great deal to offer including beautiful riverside parks historic attractions and a vibrant pedestrianised centre with shops bars art galleries and cinemas. Hadrian’s Wall unesco World Heritage Site is on the edge of the city and the beautiful Solway Coast aonb is only five miles from the property. National road and rail links are excellent with M6 close by and the West Coast main line offering direct rail travel to London and many other major cities. The railway station in Carlisle is within minutes walking distance of the property.
Directions - If heading from the M6 jct 43 head west on Warwick Road for 1.5 miles the property is found on the left just after the turning for Alfred Street. What3words; range.noisy.chemistry
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More information
Tenure
Freehold
Council tax band
Council tax band not yet known
Ground rent
£0