4 bed block of flats for sale

7 And 9 Wilson Street, Workington, Cumbria CA14

For sale by auction on Thursday, 10 Sep 2026 at 12:00

Venue: The Halston Hotel, 20-34 Warwick Road • CA1 1AB

Town centre investment property 16.5% gross yield

A freehold, town centre investment property occupying a prime position which comprises 4 self-contained residential units plus a vacant former warehouse/office unit behind which is capable of further development subject to planning consent.

All 4 units are let producing an immediate income of £20,616 per annum, a gross yield of 16.5% at the guide price.

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Unit 7 - Ground Floor Studio let at £373 per month
Vestibule

Living room/bedroom - 18'3 x 11'3

Kitchen - 6'9 x 4'3

Shower room - 7' x 4'6.

Unit 7a - first & second floor maisonette let at £489 per month
Approached via side passage to rear yard area.

First Floor -

Sitting Room - 13'6 x 11'3

Kitchen - 8'9 x 8'

Second Floor -

Bedroom - 11'3 x 7'6

Bathroom - 11'9 x 7'9.

Unit 9 - ground floor studio let at £373 per month
Vestibule

Living room/bedroom - 14'9 x 13'6 + recess

Kitchen - 10' x 4'

Shower room - 6'9 x 3'9 ave.

Unit 9a - first & second floor maisonette let at £483 per month
Approached via side passage to rear yard area.

First Floor -

Sitting Room - 14'3 x 13'

Kitchen - 10'6 x 8'

Bathroom - 10'9 x 5'

Second Floor -

Bedroom 1 - 12'9 x 7'3

Bedroom 2 - 13' x 10'9

Vacant rear warehouse/office unit
EPC Rating: C

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.