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£70,000

Kentdale Road, Kendal

  • 1 bed
Flat

£70,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£320 per month

Minimum deposit amount:

£3,500
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The ideal renovation project, first time buy or buy to let investment. Situated within a popular residential area close to facilities and Kendal town centre. The first floor apartment offers great potential and opportunity as an investment buy, being one of the most reasonability priced properties on the market within Kendal. Once renovated this property will return a monthly rental within the current market of £600.00 per month (local occupancy applies). The apartment has shared use of the garden. Living room, a generous dining kitchen, one bedroom and a three piece bathroom suite.
The property requires a full upgrade throughout, will be a great investment buy for those for looking for a project. Holiday rentals are restricted but 6 monthly rentals are allowed. Although the property has double glazing throughout the first floor, the apartment requires upgrades to electrics, fitments throughout and would benefit from central heating being installed, currently there is immersion heated hot water and a gas supply to the property.
Section 157 of the housing act applies to the property including a local occupancy clause. The new owner must have lived or worked within Cumbria for three consecutive years and there is a £177.00 application fee.
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£320 per month
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