2 bedroom apartment for sale

Found in a popular area, in an elevated location with views towards the Lake District, a great chance to acquire a well maintained, 2 double bedroom, first floor flat providing flexible living space in a quiet residential area with garden & allocated parking. Ideal as investment/retirement option.

Offered to the market with no ongoing chain, and found in good well maintained order throughout,
11 Pembroke Place is a deceptively spacious, first floor flat located in a quiet section of this always sought after area to the north on Penrith town centre.

Set around an open green space, with adjacent allocated parking and a bus stop close by, the flat has its own private entrance and also comes with a garden space to the rear.

The main living accommodation comprises an open plan living dining room, with picture window and a separate kitchen area, 2 double bedrooms and a 3 piece bathroom suite.

Gas centrally heated and double glazed, the property has until recently been used as a successful rental unit. There is a potential gross income in the region of £600 PCM, giving an annual yield in the region of 5.3%.

Sure to attract good interest, early viewing is recommended.

Directions
From Penrith town centre follow the A6 north until reaching the mini roundabout on Scotland Road. Take the 2nd exit and follow this turning left onto Drovers Lane and then Macadam Way.
Follow this up the hill and Pembroke Place is on the left hand side.

Services
Mains gas, electric, water and drains are connected, but neither these services nor any boilers or radiators have been tested. A landlords gas safety certificate was issued in January 2024.

Material Information:
• Standard construction.
• We understand that broadband and mobile telephone reception are available.
• There is allocated off road vehicle parking.
• Tenure: Leasehold. 189 years from the 1st February 1971. Ground rent TBC.