Market Place, Whitehaven

Main Features

Well-presented one-bedroom first floor apartment located in the centre of Whitehaven with separate single garage
Spacious lounge and double bedroom, both benefiting from recently fitted flooring
Well-proportioned fitted kitchen and three-piece bathroom suite
Within walking distance of shops, amenities, transport links and Whitehaven harbour
Previously a successful rental property with an estimated rental income of £495 PCM
NO ONWARD CHAIN - Attractive investment opportunity offering a potential gross yield of approximately 8.5% based on the asking price

Property Summary

Offered for Sale with NO ONWARD CHAIN, Situated in the heart of Whitehaven town centre, this well-presented one-bedroom first floor apartment offers an excellent opportunity for first-time buyers, investors, or those seeking to downsize to a conveniently located home within a fabulous block which oozes the community feel. Worried about parking? Don't be, the sale includes a single garage situated on a nearby street.

The accommodation comprises of an entrance hallway with large walk in storage cupboard, spacious lounge with recently fitted flooring, a well-proportioned fitted kitchen, a double bedroom also benefiting from new flooring and additional storage cupboard with hanging rail, and a three-piece bathroom suite. The property is well maintained throughout and ready for immediate occupation.

Ideally positioned within easy walking distance of Whitehaven's shops, cafés, transport links and picturesque harbour, the apartment enjoys all the advantages of town centre living.

Previously utilised as a successful rental property, the apartment offers strong investment potential and is estimated to achieve a rental income of approximately £495 per calendar month. Based on an asking price of £70,000, this equates to a potential gross rental yield of approximately 8.5%.

About this property

OWNERS COMMENTS
In the owners words “We have successfully let this property multiple times over the years. The added bonus of the garage certainly helps with parking within the town centre”

THINGS YOU NEED TO KNOW
The property is Leasehold with a term of 100 years from 01/11/1989 and benefits from mains gas, electric, water and drainage services.
There is no ground rent collected, and the annual service charge for 2026 was £900.00

DIRECTIONS
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Leaving the Grisdales office on King Street on foot, turn right and Golden Lion Court on the left hand side above Costa Coffee.

ARE YOU CONSIDERING A RENTAL INVESTMENT?
This property has been previously let for many years and Managed by Grisdales. We have an extensive history of compliance certificates and works completed within this home. Current rental valuation would be £495 per calendar month, giving the new landlord a Gross Yield of 8.5% based on a purchase price of £70,000. For more information about renting this house, please speak to a member of our Lettings Team.

LOCAL COMMUNITY - CA28
CA28, centered on Whitehaven, offers a welcoming coastal community with a strong local identity, combining historic charm around Whitehaven Harbour and attractions like The Beacon Museum with easy access to the western Lake District and nearby beaches such as St Bees Beach. The area is well-served by a range of primary and secondary schools, convenient everyday shopping including Tesco Superstore Whitehaven, Morrisons Whitehaven and Aldi Whitehaven, along with essential public services such as West Cumberland Hospital and local transport links via rail and bus. Altogether, CA28 presents a practical and affordable place to live, appealing to families and professionals alike with its balance of amenities, community spirit and scenic surroundings.