Ramsden Street, Barrow In Furness, LA14 2BT

1 bedroom Leisure Facility for sale

£142,000

Hive
Summary


Room Descriptions

10% Yield | Dual-Income Mixed-Use Investment | Central Barrow A rare opportunity to acquire a well-presented mixed-use property in the heart of Barrow, delivering an outstanding 10% yield (potential for 15%) with immediate dual income already in place. The Investment Case This property offers two distinct income streams from a single acquisition. The ground-floor commercial unit is secured on a five-year lease to an established business (commencing August 2024), providing reliable, long-term income from day one — with no void period to navigate. Above, the first-floor flat is move-in ready and immediately lettable, offering further income potential or owner-occupation to offset costs entirely. First Floor — Residential Flat The flat is thoughtfully laid out and in excellent decorative order, comprising an open-plan reception and kitchen, a well-appointed bathroom, and a bright conservatory opening onto a generous private balcony. The bedroom features fitted wardrobes, and a private rear yard adds a rare touch of outdoor space for a central location. Ground Floor — Commercial Unit The retail space is well-configured for a wide range of uses, with a large sales floor, two storerooms, a kitchenette, and a dedicated WC. The existing five-year lease provides an investor with a secure, predictable income anchor. Location Situated in a high-footfall central location with excellent visibility and easy access to local shops, transport, and amenities — attractive to both commercial tenants and residential occupiers alike. Ideal For • Portfolio investors seeking strong, diversified yield • Owner-occupiers looking to offset their mortgage with commercial rental income • Buyers seeking a ready-to-go investment with zero set-up required Council Tax Information: Band A