5 Bedroom Mid-Terraced House, Morrab Road, Penzance, TR18

BUY TO LET INVESTORS ONLY

Flat 1 Rental Income - £515pcm (Potential - £675pcm)
Flat 2 Rental Income - £490pcm (Potential - £675pcm)
Flat 3 Rental Income - Vacant (Potential - £525pcm)
Flat 4 Rental Income - £465pcm (Potential - £675pcm)
Flat 5 Rental Income - £395pcm (Potential - £675pcm)

RENTAL INCOME – £ 1,865pcm
POTENTIAL RENTAL INCOME - £3,225pcm

GROSS YIELD – 5.6%
POTENTIAL YIELD - 9.7%

CONTRACT REMAINING – Periodic

TENURE – Freehold

COUNCIL TAX BAND – B

EPC RATING
Flat 1 - E (Potential - C)
Flat 2 - D (Potential - B)
Flat 3 - C (Potential - C)
Flat 4 - D (Potential - C)
Flat 5 - E (Potential - D)

https://find-energy-certificate.service.gov.uk/energy-certificate/7500-0064-0622-2023-3123
https://find-energy-certificate.service.gov.uk/energy-certificate/0340-2966-3010-2022-5501
https://find-energy-certificate.service.gov.uk/energy-certificate/2468-7004-7211-6308-5914
https://find-energy-certificate.service.gov.uk/energy-certificate/0340-2266-4010-2022-7541
https://find-energy-certificate.service.gov.uk/energy-certificate/0340-2566-4010-2022-0511

We're pleased to be marketing this attractive, terrace house located in the popular area of Penzance, which benefits from the local train station, hospital, and the Penzance Harbour, and ferry terminal. The property briefly comprises of five separate apartments within the house, 4 out of 5 of the apartments are already rented.

NB. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.