Studio for sale
Key information
Property description & features
- Tenure: Leasehold
- Fantastic investment opportunity
- Renovated to an exemplary standard
- Studio apartment
- On the fringe of the Lake District National Park
- Excellent facilities on site
- In "turn key" condition
- Designer furniture package by separate negotiation
- Professionally designed website
Suite Retreat is a perfectly located, luxury, self-catering studio that has recently received a complete and striking interior renovation to a 5 star standard. Ideal for those looking for a holiday home that also provides a fantastic investment opportunity with the potential to achieve a gross annual income circa £40,000 providing an approximate gross yield of 20%. Situated within Whitbarrow Holiday Village, on the fringe of the Lake District National Park, where owners and guests can enjoy the use of all the facilities on offer.
The accommodation with approximate measurements briefly comprises:
Entry via black Wenge door into the open plan suite with door to bathroom.
Rooms
Open Plan Suite
26' 7" x 16' 5" (8.10m x 5.00m) <br />KITCHEN Stunning, modern kitchen fitted with Siemens appliances including oven, microwave, warming drawer, fridge freezer and slimline dishwasher. Teppanyaki and indoor BBQ grill.<br />LOUNGE Media wall with 65 inch Samsung TV and Sonos sound bar. Two vertical radiators and UPVC double glazed windows with lovely views across the open countryside.<br />
Bedroom
UPVC double glazed French doors opening onto the patio area enjoying lovely views. Media wall with 65 inch Samsung TV, and built-in wardrobe
Bathroom
9' 9" x 7' 0" (2.97m x 2.13m) Three piece white Lusso Stone bathroom suite comprising circular bath with rainfall shower above and further handheld shower attachment, wash hand basin with mirror over and low level WC. Striking Porcelanosa feature tiles.
Outside
Private patio area.
PLEASE NOTE -
The owner is offering, by separate negotiation, the extensive designer furniture package including artwork and a professionally designed website linking to Airbnb and Booking.com. It is estimated the studio should rent for between �165 - �195 per night and based on a 70% occupancy could generate a gross annual income circa �40,000. 70% occupancy would allow the owners approximately 4 weeks per annum for their own use.
NOTES -
LEASE Service charge �237.40 pcm. Insurance �16.91 pcm. <br />Business rates exempt. No gas or water charge. Electricity billed on consumption meters in apartment.<br /><br /><br />NOTE These particulars, whilst believed to be accurate, are set out for guidance only and do not constitute any part of an offer or contract - intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in the employment of Cumbrian Properties has the authority to make or give any representation or warranty in relation to the property. All electrical appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order. <br />
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Broadband availability and predicted speed: obtained from Ofcom on June 10, 2022
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on June 10, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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