Get brand editions for Heather & Lay, Falmouth

1 bedroom apartment for sale

PENRYN

Sold STC £110,000

Property Description

Key features

  • Ground floor flat
  • Level access
  • Good rental investment expected to achieve 6,600 per annum
  • In-town living
  • Separate kitchen/diner & lounge
  • EPC E

Full description

Tenure: Leasehold

THE LOCATION Located right in the middle of the town. A bus service runs on the road and Penryn railway station a five-minute walk away runs to and from Falmouth and Truro. Penryn is enjoying something of a renaissance witnessed in the regeneration and development of Penryn's inner Harbour area providing riverside accommodation and extensive and exciting dining options. Penryn Campus is occupied by both Falmouth and Exeter Universities sharing buildings, facilities and services as part of the combined universities in Cornwall project; this recent transition into a University town is creating a real 'buzz' for the area. Falmouth town (approximately 2 miles) provides comprehensive shopping, schooling, business and leisure facilities and was recently voted 'the best place to live in the South West' in the prestigious Sunday Times guide. 

THE PROPERTY In the main shopping street in Penryn, this property started life as a double fronted shop and the original frontage still exists and in doing so offers large windows that flood the property with natural light. A large lounge to the front of the flat opens into a kitchen diner and located at the rear is the bedroom and separate bathroom. This opportunity is available to investors only, to be sold as a going concern, expected to generate £6,600 per annum giving a 6% gross yield.  

ACCOMMODATION IN DETAIL (ALL MEASUREMENTS ARE APPROXIMATE) Original shop door leads into a small entrance hall that in turn leads straight into………… 

SITTING ROOM 18' 4" (5.59m) X 12' 1" (3.68m) reducing to 9'1'' (2.77m) Large window to the front that floods the room with natural light. Electric heater. Door to rear hallway. Opening to………

 

KITCHEN/DINER 18' 2" x 7' 6" (5.54m x 2.29m) Dining area to the front where the window is and kitchen to the rear. Wood fronted eye and base units, roll top worktop with inset stainless-steel sink and mixer tap, built-in electric oven and hob with extractor over. Space for white goods.
 

INTERNAL HALLWAY LEADING TO BEDROOM AND BATHROOM Airing cupboard housing hot water tank. Door to communal entrance.
 

BEDROOM 11' 4" x 10' 1" (3.45m x 3.07m) Window to the rear elevation. Electric heater. 

BATHROOM Panel bath with electric shower over. Low level W/C, pedestal hand wash basin. Tiled walls. 

AGENTS NOTE The new owner will have a share of the freehold and also become a director of the management company for the building. 999 year lease as of 4 years ago. Ground rent is just £10 per year and maintenance is on an ad-hoc basis.  

 


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
16 October 2017

Nearest stations

  • Penryn (0.4 mi)
  • Penmere (1.5 mi)
  • Falmouth Town (2.1 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Heather & Lay, Falmouth

3 Church Street, Falmouth, TR11 3DN

01326 455035 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Penryn (0.4 mi)
  • Penmere (1.5 mi)
  • Falmouth Town (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Heather & Lay, Falmouth

3 Church Street, Falmouth, TR11 3DN

01326 455035 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100338007176. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Heather & Lay, Falmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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