£80,000 /Sale price

Set on the fringe of the Lake District National Park, a most interesting investment opportunity to acquire a fully equipped and serviced, one bedroom, ground floor studio apartment in well run holiday village. Currently utilised as an excellent income generating holiday letting / Air BNB 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.Operating as an Air BNB when not in our clients own personal use, the property generates a net income in the region of £18,000 per annum and 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. A full financial summary can be made available to interested parties after a viewing.Accommodation wise, the property is self-contained with an open plan living bedroom, fully equipped kitchenette and separate shower-room, and is offered for sale to include the majority of the furnishings, contents and forward bookings.An excellent chance to get a cost effective, and self-financing property in a fantastic setting, viewing is highly recommended to appreciate.DirectionsFrom 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 ONLYServicesMaterial InformationMains gas, electric, water and drains are connected, but neither these services nor any boilers or radiators have been tested. KeyInformation:• Standard construction. • We understand that broadband and mobile telephone reception are available. For an indication of speeds and supply please see the OFCOM website: • Vehicle parking is in a communal car park• Please note, there is no right of permanent occupationTenure:Leasehold, with 982 years remaining of a 999 year lease granted in May 2004. There is an annual combined ground rent, insurance and service charge of £3,750.94.Council Tax:The property is currently banded for business rates. The current rateable value (1 April 2023 to present) is £2,700, however as the property is registered under the small business rate relief scheme the cost is zero.