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1 bed Flat For Sale £80,000
Ullswater Suite 1, Whitbarrow Village Ltd, Berrier, Penrith, Cumbria CA11


Description
Set on the fringe of the Lake District National Park, a most interesting investment opportunity to acquire a fully equipped and serviced, one bedroom studio apartment in well run holiday village. Currently utilised as an excellent income generating holiday letting property.

Conveniently located between Keswick and Penrith, with easy access to the Ullswater Valley and Northern Fells, Whitbarrow Village is a beautifully presented and maintained, fully enclosed holiday village providing luxury self-catering accommodation, with a host of leisure facilities and amenities on site.

Individually owned, the park owners (Seasons Holidays plc), have entered into a rental agreement with the current proprietor.

Under this rental agreement, they take all 52 weeks, and for that pay £4k per annum, payable monthly in arrears.

They also cover the annual Service Charge and the Property Insurance ( but not the Ground Rent nor Business rates ), all running costs of the Suite itself ( repairs, renewals, utilities, cleaning etc etc ) and all operational costs.

Under that same agreement, the proprietor is given four weeks of ‘self use’ at no cost.

The current Rental Agreement terminates on 31st December 2020

Being on the ground floor, with disabled access, adjacent to the reception, bar and pool area, this property has proved to be one of the more popular rental apartments.

Directions
From Junction 40 of the M6, take the A66 towards Keswick.

After approximately 7 Miles tale the right turn by the Sportsman’s Inn where there are brown and white signs to Whitbarrow Village, off the main road.

In the development, the apartment is adjacent to the main reception.
Please note - viewing is strictly by appointment only



Communal entrance hall Accessed from the adjacent reception area with flat access ramp.

Dining / Kitchen Area13'1" x 10'4" (3.99m x 3.15m). A range of fitted units incorporating a two ring halogen hob with stainless steel chimney hood, built in combination oven, integrated dishwasher and fridge. Oak flooring. Radiator. Doors leading out to the hallway, to the bathroom. Open to the lounge / bedroom area.

Lounge / Bedroom area15'7" x 10'8" (4.75m x 3.25m). A contemporary living and sleeping space with built in wardrobes and French Doors leading out to the patio. Fully equipped with wall mounted television.

Bathroom A four piece suite comprising bath with shower over, twin vanity wash hand basins with wall mounted mirrors and lighting above and WC. Ttiled splashbacks and flooring, shaver point and radiator.

Tenure Ullswater Suite 1 is subject to a 999 Lease from May 2008.

Follow the link for more information:
        
zoopla.co.uk

  
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