Guide price
£225,000
7 bed block of flats for sale20, 20A And 21 King Street, Penrith, Cumbria CA11
7 beds
Just added
Auction
About this property
For sale by auction on Thursday, 23 Oct 2025 at 12:00
Venue: The Halston Hotel, 20-34 Warwick Road • CA1 1AB
Investment opportunity
Town centre investment opportunity including freehold. Seven tenanted flats producing an income of £31,620 per annum, all in good condition with established tenants. Located in the popular market town of Penrith with cafes, pubs, restaurants, shops and all local services. Easy access to the Lake District National Park, M6 motorway and all transport links.
20a King Street tenanted at £4,800pa
One bedroom, approx 480 sq ft
21a King Street - tenanted at £4,620pa
One bedroom, approx 419 sq ft
21b King Street - tenanted at £4,680pa
One bedroom, approx 484 sq ft
21c King Street - tenanted at £3,900pa
One bedroom, approx 270 sq ft
Flat 1,21 King Street - tenanted at 4,800pa
One bedroom, approx 538 sq ft
Flat 2,21 King Street - tenanted at 4,200pa
Bedsit, approx 346 sq ft
Flat 3,21 King Street - tenanted at 4,620
One bedroom, approx 431 sq ft
Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: The Halston Hotel, 20-34 Warwick Road • CA1 1AB
Investment opportunity
Town centre investment opportunity including freehold. Seven tenanted flats producing an income of £31,620 per annum, all in good condition with established tenants. Located in the popular market town of Penrith with cafes, pubs, restaurants, shops and all local services. Easy access to the Lake District National Park, M6 motorway and all transport links.
20a King Street tenanted at £4,800pa
One bedroom, approx 480 sq ft
21a King Street - tenanted at £4,620pa
One bedroom, approx 419 sq ft
21b King Street - tenanted at £4,680pa
One bedroom, approx 484 sq ft
21c King Street - tenanted at £3,900pa
One bedroom, approx 270 sq ft
Flat 1,21 King Street - tenanted at 4,800pa
One bedroom, approx 538 sq ft
Flat 2,21 King Street - tenanted at 4,200pa
Bedsit, approx 346 sq ft
Flat 3,21 King Street - tenanted at 4,620
One bedroom, approx 431 sq ft
Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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