1 bed flat for sale

20 Newlands Gardens, Workington, Cumbria CA14

For sale by auction on Wednesday, 09 Dec 2026 at 12:00

Venue: The Halston Hotel, 20-34 Warwick Road • CA1 1AB

Residential investment property - 15% gross yield

A purpose built, first floor flat let to a longstanding tenant on an Assured Shorthold Tenancy at £320 per month. A good residential investment property producing a gross yield of 15% at the guide price.

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Accommodation
Hall

Living Room 13' x 13'

Kitchen 7'9 x 7'3

Bedroom 13'3 x 7'9

Bathroom 5'9 x 5'6

Leasehold Tenure
125 years from June 1994

EPC Rating: D

Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.