7 bed block of flats for sale

1-3 Market Place, Workington, Cumberland CA14

For sale by Online Auction - 29th ofApril 2026

Very unique and rare investment opportunity
A large block of 6 flats in the historic town of Workington in lake district
All flats are tenanted on 6 years and 11 months full Fri including maintenance and bills
The block of flats was fully renovated and fully furnished before hand over in June 2024, all flats were fully rewired with brand new fire system, intercom system for each flat, new bathrooms and kitchens, fully decorated with new carpet flooring in all flats and industrial laminate flooring in communal areas.
All furniture and appliances included in sale too.
Building was valued in may 2024 at £500,000 before lease with a projected commercial valuation at £606,000 in February 2026.

Property listed at our auction
next auction 29-04-2026
Offers can be accepted before auction


Freehold with the option to divide titles to leaseholds.

Description

Entrance of 1 market place
Ground floor
entrance hall and communal stairs along with fire exit to back yard
flat 1
1 bedroom with a large dining sitting area and open plan kitchen
1 bathroom
first floor
flat 2 and 3 that contains
large bedroom
large reception / sitting room
large kitchen
bathroom
second floor
flat 4 and 5 that contains
large bedroom
large reception and sitting room
large kitchen
bathroom

entrance 3 market place
flat 6 that contains
2 bedrooms 1 large and single
large reception room
bathroom
exit door to hallway

epc of C and D to all flats

unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).