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£635,000

Union Street, Ulverston

  • 8 beds
Flat

£635,000

  • 8 beds
Flat
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Estimate monthly mortgage payment:

£2,899 per month

Minimum deposit amount:

£31,750
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  • Freehold Building Containing Four Holiday Apartments
  • Generating a Reliable Income for Current Owners
  • Rated from 'Very Good' to 'Fabulous' on Booking.com
  • One 3-Bed Apartment
  • Two 2-Bed Apartments
  • One, 1-Bed Duplex Apartment
  • All Recently Refurbished
  • Properties are Commercially Rated (No Council Tax)
  • On-Site Service Room and Laundry
  • Energy Performance Certificate B
Property Description An opportunity to acquire a development of four apartments in the centre of the pretty market town of Ulverston. The apartments are currently used for the short-term holiday market and they have generated a good income for the current owners and achieving strong levels of occupancy.
The building comprises of three floors and sits next to the well known Ulverston Clock Tower towards the bottom of Market Street. The central location is a draw for holiday makers and the apartments are rated from 'very good' to 'fabulous' on Booking.com
Until recently the ground floor of the building was used as a take-a-way restaurant with three apartments above, however the commercial space has now been converted into a fourth flat on the ground floor and you can take a 360 degree virtual tour of this apartment in this listing.
In summary the building comprises of a ground floor, 2-bed apartment that has just been completed, a 3-bed apartment on the first floor, a 2-bed apartment on the second floor, and a 1-bed duplex apartment over the first and second floors.
All the apartments are finished to a high standard, with quality kitchen and bathrooms and are available for sale complete with the furniture. In addition, there is a private service room with its own access allowing the owner to manage all the cleaning and laundry needs of the business on-site.
Ulverston is a market town with a pretty cobbled main street and is full of independent shops and cafes. With its many bars and restaurants, it is a lively town and attracts thousands of visitors drawn by the social scene. During the year there are many festivals that bring in tourists including the famous Dickensian Festival. A 10-minute drive sees you arrive at the southern tip of Windermere and the world renowned Lake District National Park, and this ensures a consistent flow of guests looking for holiday bookings.
A superb investment opportunity.

APARTMENTS


The current owner lets the properties via Booking.com and they have proved to be popular with good levels of occupancy. Ulverston is a popular destination town for visitors with it's many bars, restaurants and amenities. The Lake District Park is just a 15 minute drive way with the tip of Lake Windermere being 8.5 miles away.


Apartment One


The first floor locates a dual aspect open plan living/dining area, open into a modern fitted kitchen. Three bedrooms, two doubles and one single room (of tasteful décor) and a three piece contemporary shower room.


Apartment Two


Second floor apartment, featuring a bright and light dual aspect living area which opens into a contemporary kitchen diner. Two modern double bedrooms and a recently fitted spacious three piece bathroom suite.


Apartment Three


This marionette apartment feels spacious and well designed, having a first floor open plan living/ breakfast kitchen and second floor, double bedroom with access from the top landing to a three piece shower suite.


Apartment Four


Apartment Four is a ground floor apartment, with two bedrooms, open plan lounge & kitchen, and has a stylish shower room.


Apt. 4 Entrance Hall


Apt. 4 Living Room / Kitchen


Apt 4 Bedroom One


Apt 4 Bedroom Two


Apt 4 Shower Room


AML Disclosure


Agents are required by law to conduct Anti-Money Laundering checks on all those buying a property. Hunters charge £24 (including VAT) for an AML check per buyer. This is a non-refundable fee. The charges cover the cost of obtaining relevant data, any manual checks that are required, and ongoing monitoring. This fee is payable in advance prior to the issuing of a memorandum of sale on the property you are seeking to buy.


Please note


The access entry inner hallway and doorway to the apartments and rear yard not owned by our sellers. There is only a right of way through to the yard.


Additional Information
Tenure: Freehold
Rooms
APARTMENTS
The current owner lets the properties via Booking.com and they have proved to be popular with good levels of occupancy. Ulverston is a popular destination town for visitors with it's many bars, restaurants and amenities. The Lake District Park is just a 15 minute drive way with the tip of Lake Windermere being 8.5 miles away.
Apartment One
The first floor locates a dual aspect open plan living/dining area, open into a modern fitted kitchen. Three bedrooms, two doubles and one single room (of tasteful décor) and a three piece contemporary shower room.
Apartment Two
Second floor apartment, featuring a bright and light dual aspect living area which opens into a contemporary kitchen diner. Two modern double bedrooms and a recently fitted spacious three piece bathroom suite.
Apartment Three
This marionette apartment feels spacious and well designed, having a first floor open plan living/ breakfast kitchen and second floor, double bedroom with access from the top landing to a three piece shower suite.
Apartment Four
Apartment Four is a ground floor apartment, with two bedrooms, open plan lounge & kitchen, and has a stylish shower room.
Apt. 4 Entrance Hall
Apt. 4 Living Room / Kitchen
Apt 4 Bedroom One
Apt 4 Bedroom Two
Apt 4 Shower Room
AML Disclosure
Agents are required by law to conduct Anti-Money Laundering checks on all those buying a property. Hunters charge £24 (including VAT) for an AML check per buyer. This is a non-refundable fee. The charges cover the cost of obtaining relevant data, any manual checks that are required, and ongoing monitoring. This fee is payable in advance prior to the issuing of a memorandum of sale on the property you are seeking to buy.
Please note
The access entry inner hallway and doorway to the apartments and rear yard not owned by our sellers. There is only a right of way through to the yard.
Utilities
Electricity:
Mains Supply
Sewerage:
Mains Supply
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