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£275,000

Beckermet, The Old Bookshop, CA21

  • 0 beds
Detached house

£275,000

  • 0 beds
Detached house
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Estimate monthly mortgage payment:

£1,255 per month

Minimum deposit amount:

£13,750
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The Old Bookshop presents a truly fantastic opportunity for investors or buyers seeking a flexible income generating property in one of west Cumbria�s most desirable villages. Located in the peaceful and picturesque village of Beckermet, just minutes from the coast and the Lake District National Park, this impressive building has been thoughtfully converted into four separate two bed flats, each offering well proportioned accommodation.

Three of the flats are accessed via a communal entrance and stairway, with one situated on the ground floor and two on the first floor. The fourth flat is entirely self-contained at the rear of the building, with its own private access, offering even more flexibility for rental or owner occupancy.

Currently, the flats bring in a combined rental income in excess of �2,000 per calendar month, making this a potential gross annual yield of over 8.7% based on the �275,000 asking price - an attractive proposition for buy-to-let landlords. Alternatively, the layout and village setting lend themselves perfectly to holiday lets, with Beckermet being a well connected base for visitors exploring the west coast and western Lake District.

Externally, the property includes an owned car park to the rear, as well as a detached outbuilding currently divided into useful storage spaces.

Whether you�re an established investor, exploring holiday letting potential, or seeking to live in one unit while generating income from the others, The Old Bookshop offers rare flexibility and outstanding value in a sought after location.

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