2 bed semi-detached house for sale

Cain Street, Workington CA14

A Recently Updated Solid Semi - Perfect For Investors Looking For Ways To Add More Value. There’s space at the side for an extra room, with foundations already in place. Even without any upgrades it should be popular and give you double digit yields.

This well-built semi has plenty to attract savvy investors. It’s close to a couple of industrial estates and walking distance to town, so it should attract working tenants. It’s on a spacious corner plot and has had a modern makeover inside, including a brand new kitchen and bathroom suite.

It has a simple layout with the living room and kitchen downstairs and two bedrooms plus the bathroom upstairs.

It’s had a fresh lick of paint throughout, with new carpets in the bedrooms and on the stairs and new flooring downstairs.

Based on the £70,000 asking price you should be able to achieve double digit gross yields and still have a queue of long term tenants lining up to view it.

But what if it had three bedrooms rather than two?

The substantial corner plot gives you room to build an extra bedroom out to the side. If you’re struggling to visualise what it may look like, a quick Google Street View may help…

A single storey extension was built - but was subsequently taken down.

The foundations are still in place, which does give you a head start and will save you some money, if you did want to build something on top that complied with building regs.

The current exposed foundations aren’t a thing of beauty but if you wanted to rent it out as-is and then decide what to do, it shouldn’t stand in your way of finding tenants to rent it in the short term. They just limit the off-street parking space a little.

If you’re a buyer that can see the investment opportunity rather than dwell on the negatives it could present you with a tidy, recently updated property with a head start if you wanted to add value.

Call now to arrange a viewing.