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Studio for sale

Ullswater Suite, Whitbarrow Holiday Village, Penrith, CA11
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Studio
1 bath
Added > 14 days

Key information

TenureLeasehold
Council taxAsk agent
BroadbandBasic 28Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold
  • Fantastic investment opportunity
  • Renovated to an exemplary standard
  • Studio apartment
  • On the fringe of the Lake District National Park
  • Excellent facilities on site
  • In "turn key" condition
  • Designer furniture package by separate negotiation
  • Professionally designed website

Suite Retreat is a perfectly located, luxury, self-catering studio that has recently received a complete and striking interior renovation to a 5 star standard. Ideal for those looking for a holiday home that also provides a fantastic investment opportunity with the potential to achieve a gross annual income circa £40,000 providing an approximate gross yield of 20%. Situated within Whitbarrow Holiday Village, on the fringe of the Lake District National Park, where owners and guests can enjoy the use of all the facilities on offer.

The accommodation with approximate measurements briefly comprises:

Entry via black Wenge door into the open plan suite with door to bathroom.

Rooms

Open Plan Suite
26' 7" x 16' 5" (8.10m x 5.00m)
KITCHEN Stunning, modern kitchen fitted with Siemens appliances including oven, microwave, warming drawer, fridge freezer and slimline dishwasher. Teppanyaki and indoor BBQ grill.
LOUNGE Media wall with 65 inch Samsung TV and Sonos sound bar. Two vertical radiators and UPVC double glazed windows with lovely views across the open countryside.

Bedroom
UPVC double glazed French doors opening onto the patio area enjoying lovely views. Media wall with 65 inch Samsung TV, and built-in wardrobe

Bathroom
9' 9" x 7' 0" (2.97m x 2.13m) Three piece white Lusso Stone bathroom suite comprising circular bath with rainfall shower above and further handheld shower attachment, wash hand basin with mirror over and low level WC. Striking Porcelanosa feature tiles.

Outside
Private patio area.

PLEASE NOTE -
The owner is offering, by separate negotiation, the extensive designer furniture package including artwork and a professionally designed website linking to Airbnb and Booking.com. It is estimated the studio should rent for between £165 - £195 per night and based on a 70% occupancy could generate a gross annual income circa £40,000. 70% occupancy would allow the owners approximately 4 weeks per annum for their own use.

NOTES -
LEASE Service charge £237.40 pcm. Insurance £16.91 pcm.
Business rates exempt. No gas or water charge. Electricity billed on consumption meters in apartment.


NOTE These particulars, whilst believed to be accurate, are set out for guidance only and do not constitute any part of an offer or contract - intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in the employment of Cumbrian Properties has the authority to make or give any representation or warranty in relation to the property. All electrical appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order.

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About this agent

Cumbrian Properties - Penrith
Cumbrian Properties - Penrith
Fenton House Corney Square Penrith, Cumbria CA11 7PX
01768 257089
Full profileProperty listings
Cumbrian Properties are the county’s largest award winning family owned and managed agency.  With nearly 25 years’ experience, Cumbrian Properties
have expanded their local property expertise and grown into a multiple office network, proactively covering the whole of Cumbria.As well as residential sales,
we are proud to offer commercial sales, residential lettings, financial services, conveyancing and regular property auctions. Our continued growth and recent
expansions we believe is down to three main things; Our team, our service and our knowledge of everything property.
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