Duke Street, Cumbria, CA28
Property facts
- Property type
- End of Terrace
- Bedrooms
- 5
- Bathrooms
- 2
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About this home
Property Details: • Type: End of Terrace • Tenure: FREEHOLD • Floor Area: N/A
Key Features: • Partially converted development comprising five self-contained apartments • Excellent opportunity for an experienced investor or property developer • Substantial property extending to approximately 2,026 sq ft • Significant conversion works already undertaken, with further works required • Five individual kitchen/living areas and bathroom facilities shown within the current layout • Characterful building with exposed stonework and traditional architectural features • Impressive upper apartment with exposed beams and roof windows • Large cellar measuring approximately 14'6" x 20'0" • Prime Duke Street location within walking distance of Whitehaven town centre and harbour • Exciting opportunity to complete and potentially create a substantial multi-unit investment, subject to necessary consents
Location: • Nearest Station: Whitehaven Station • Distance to Station: 0.37425762751867336 miles
Agent Information: • Address: Gate House, Hallwood Road, Lillyhall, Workington, CA14 4JR
Full Description: <p>An unusual and exciting opportunity for an experienced investor, developer or property professional to acquire a substantial town-centre property which has been partially converted to provide five self-contained apartments. Offering approximately 2,026 sq ft of accommodation, together with a substantial cellar and useful additional storage, the property provides considerable potential for a purchaser with the experience and resources to take the existing project through to completion.</p><p>The conversion has already progressed significantly in a number of areas, with the building arranged over several levels and the proposed apartments incorporating their own living/kitchen areas and bathroom facilities. However, buyers should be aware that a reasonable amount of work remains outstanding, with kitchens, flooring, decoration, finishing works and other elements requiring completion or improvement. The property is therefore unlikely to suit somebody looking for an immediately lettable investment and is aimed firmly at those comfortable undertaking a refurbishment and development project.</p><p>One of the particularly attractive aspects of the building is its character. Exposed stonework, substantial internal walls, traditional proportions and exposed roof timbers in the upper accommodation provide some interesting original features which could be incorporated into the finished development. The uppermost apartment in particular has plenty of character, with exposed beams, roof windows and an open-plan kitchen/living arrangement.</p><p>The floor plan demonstrates the extent and versatility of the accommodation. In addition to the five proposed apartments, there is a large cellar measuring approximately 14'6" x 20'0", while a separate store measures approximately 7'7" x 13'2", providing useful ancillary space.</p><p>Externally, there is also a sizeable area immediately alongside and behind the building which offers valuable outside space for such a central location.</p><p>The position will undoubtedly form a major part of the property's appeal to investors. Situated on Duke Street in the heart of Whitehaven, the property is opposite the Castle Park area and within easy walking distance of the town's shops, amenities and historic harbour.</p><p>Once completed, the combination of five individual units and an exceptionally convenient town-centre position could make this an interesting addition to a residential investment portfolio, subject of course to all necessary planning, building regulation, licensing and other statutory requirements. . Prospective purchasers should make their own enquiries regarding the current planning status, building regulations and any other consents or licensing that may be required to complete the development and use the property as five separate residential units. The selling agent has not verified that all necessary permissions or approvals are currently in place.</p><p>Viewing is highly recommended for experienced investors and developers who can fully appreciate the scale, layout and potential of this unusual property.</p>
Features & amenities
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Listing information
- Original source
- www.rightmove.co.uk
- Added to Mirror
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