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Ramsden Street, Barrow In Furness, LA14
ReducedKey Features
- **VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE**
- One-Bedroom Flat with Conservatory and Balcony
- Ground Floor Shop Secured on a Five Year Lease from Aug 2024
- Sales Area, Storerooms, Kitchenette and Toilet
- Central Barrow Location Close to Shops and Amenities
Description
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
Tenure : Freehold
Council Tax Band : A
In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations. Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
Ramsden Street, Barrow In Furness, LA14
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