Eden Bank , Etterby
£695,000

Guide price

Bedrooms: 15
An impressive detached property currently split in to five separate residences (formally Eden House) capable of generating significant rental income. Convenient north city location. Potential for owner occupation alongside holiday letting/long term rentals. Fishing rights on the River Eden.

DETAILS

An impressive detached property currently split in to five separate residences capable of generating significant rental income. (c.£42,000pa) Convenient north city location. Potential for owner occupation alongside holiday letting/long term rentals.  

Rarely do properties of this nature come to the market. 1-5 Eden Bank was once a single dwelling, Eden House built in the 1800's and possessing a rich and grand history. In its current configuration the property comprises five separate dwellings, two of which are large apartments and the other three being two storey houses. The property benefits from ample allocated and communal parking as well as communal outside space. Two of the properties also have their own private gardens. The convenience of the location is superb, being peaceful and readily accessible for river side walks yet remaining just moments from the city centre and by-pass providing links to West Cumbria and the M6 motorway.  

LOCATION Set high above the banks of the River Eden and with fishing rights on the same, the property is accessible to the river and walks as well as being just a short walk from a convenience store, takeaway and bus route in to the city centre. Austin Friars private school is also within walking distance. A little further beyond this, and a pleasant stroll beside the river is the city centre. The proximity of the city bypass allows for convenient access to the wider region, with junction 44 of the M6 being just a few minutes drive and the A595/6 for West Cumbria also being close to hand.  

The individual dwellings have a strong history of rental income and scope exists to increase this considerably to bring rents in line with the current market. The fishing rights included with the property make it a fishermans paradise and this could be exploited via Airbnb or similar means. One of the units is currently owner occupied but could be let out should the new buyer not wish to live on site. Two of the units also benefit from solar panels. The property is gas centrally heated with each unit having its own independent supply of gas, electric and water.  

UNIT ONE A spacious ground floor flat occupying the lower left hand side of the building and having the benefit of a private garden Two bedrooms Kitchen Bathroom Cloakroom Living room Solar Panels Council Tax band B 

UNIT TWO Large, three bed, first floor apartment overlooking the river Ground floor entrance hall Kitchen Living room En-suite bedroom Two further bedrooms Council Tax Band B 

UNIT THREE Two storey house overlooking the communal parking and grounds Kitchen Spacious living room Dining room Bathroom En-suite bedroom Two further bedrooms Council Tax band C 

UNIT FOUR Two storey house accessed from the side of the property open plan kitchen dining living utility room first floor bathroom two-en-suite bedrooms third bedroom Council Tax band C 

UNIT FIVE Accessed via the side and currently owner occupied dining kitchen living room three bedrooms first floor bathroom private rear garden gated yard and parking space Solar Panels Council Tax Band A 

Marketed by 01228 810300

Hayward Tod

7 Paternoster Row, Carlisle, Cumbria

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