2 bedroom flat for saleAgar Road, Illogan Highway, Redruth, TR15
- Ground Floor Flat
- 2 Bedrooms
- Lounge Area
- Gas Heating
- Double Glazing
- Allocated Parking Space
Located on Agar Road at Pool, virtually midway between Camborne and Redruth, Shiloh House has been sympathetically refurbished and upgraded since 2015 under its present ownership and now comprises four, two bedroom flats. Each flat benefits from an allocated parking space, mains gas central heating, double glazing, a lounge, a well fitted kitchen, an excellent bathroom (with bath and shower over) and offered in very good decorative order. Flats 2, 3 and 4 are currently let out on assured shorthold tenancies at £625 per month each (Flat 1 being currently occupied by a relative of the vendor, although could be let for around £650 per month) producing a potential annual gross income of £30,300 (a yield of 6.58% approx).
FLAT 4 (GROUND FLOOR) £110,000
.LOUNGE 3.98m x 3.55m (13' x 11'7)
KITCHEN 3.67m x 3.74m (12' x 12'3)
BEDROOM 1 2.89m x 3.00m (9'5 x 9'10)
BEDROOM 2 1.97m x 3.04m (6'5 x 9'11)
BATHROOM Three piece bathroom suite with a shower over the bath.
OUTSIDE There is off road parking with an allocated parking space for each flat together with a clothes drying area.
LEASE DETAILS The properties are held under either 99 year or 125 year leases at present and if any of the flats are purchased
separately, a purchaser will own 25% of the freehold in common with other flat owners, with a property management company needing to be incorporated.
DIRECTIONS From our office in Redruth follow the A3047 towards Camborne. After passing Morrisons supermarket on your right hand side, Shiloh House will be located on your right hand side after
approximately two hundred and fifty yards, opposite the turning to Wilson Way.
AGENTS NOTE Strictly no chance calls at the property. All viewings to be arranged through the vendors selling agents, Bill Bannister (01209) 210333.
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