6 bedroom terraced house for sale
Key information
Property description & features
- 1 X 2 bed, 1 x 1 bed, 3 x studio
- Fully let, with or without ongoing management
- Steady documented income
- Good condition, well maintained
- Fully documented and legally compliant
- Town Centre Location, easy to let
- 2 bed apartment with a deck and parking
- Some sea views from the rear
- Available as a going concern immediately
- No rent arrears
This well established and well maintained investment property lies in Newquay Town Centre and offers an opportunity to purchase a fully compliant and fully let investment property for an Annual return. The property is currently fully managed by Start & Co and this service can continue if required (fee of 8% plus VAT), or can be passed over for self-management with all the supporting documentation etc. Current and passing lease schedule as follows:
Flat 1 - Ground floor 2 bedroom apartment with gas central heating, small decked area and parking. Let from 15/06/2022 on a 12 month AST at £695.00 pcm. £675.00 deposit. EPC rating - C
Flat 2 - First floor studio apartment with electric heating. Let from 17/04/2014 on a statutory periodic tenancy (rolling) at £400.00 pcm. £400.00 deposit. EPC rating - D
Flat 3 - First floor one bedroom apartment with gas central heating. Let from 01/03/2023 on a 12 month AST at £595.00 pcm. £595.00 deposit. EPC rating C
Flat 4 - Second floor studio apartment with electric heating. Let from 01/03/2019 on a statutory periodic tenancy (rolling) at £425.00 pcm. £425.00 deposit. EPC rating D.
Flat 5 - Second floor studio apartment with electric heating. Let from 08/04/2023 on a 12 month AST at £495.00 pcm. £495.00 deposit. EPC rating C.
Store - There is a lockable store room for landlord amenity use.
Images - The marketing photos are a selection of recent stock images of some of the apartments taken when the properties were empty and available for let. These images are intended to give a reasonably accurate overview of the style and condition of the apartments, but please note ALL of the apartments are fully let and occupied.
Notes - All apartments have satisfactory EICR reports, gas safety certificates (where required), planning approval (PA10/07774), deposit scheme registration, communal inspected fire alarm, satisfactory EPC's, tenancy agreements and verified tenants. There are no rent arrears.
Tenure - Freehold
Services - All mains. All individually metered with additional landlord electricity supply for communal areas.
Council Tax - Each flat is Band A, council tax paid by tenants individually.
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Property reference 32161659. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Start & Co - Newquay.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area: obtained on December 21, 2020 from 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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