For Sale By Online Auction in conjunction with Clive Emson Auctioneers. Bidding Live from Monday 6th February with Auction ending Wednesday 8th February. Auction Guide Price £215,000. Viewings By Appointment Only.
A freehold residential investment opportunity forming a House of Multiple Occupancy for over thirty years, with seven rooms being let on Assured Shorthold Tenancies and scope for further letting rooms.
The property would benefit from some updating throughout and is located approximately one mile distant from Redruth town centre where a wide range of amenities and mainline transport links can be found.
Roslyn will of course appeal to letting investors on the lookout for a healthy yield return, along with developers who may envisage the graphic potential for residential development in the rear garden as well as scope to sub-divide Roslyn itself into a number of self-contained flats, or maybe even back to its original use as a large family home, all of which would be subject to all necessary consents being obtainable.
Ground Floor
Communal entrance hall, four letting rooms and store room.
First Floor
Three letting rooms, store room, two shower rooms and two separate WC's.
Outside
Enclosed front garden with driveway to side, whilst to the rear is further parking and a good sized enclosed gardens, predominantly laid to lawn.
Tenancies
The letting rooms (apart from Rooms 4 & 6 which are currently used as store rooms) are let on Assured Shorthold Tenancy Agreements as follows:
Room 1 - £85 per week
Room 2 - £80 per week
Room 3 - £75 per week
Room 5 - £85 per week
Room 7 - £80 per week
Room 8 - £75 per week
Room 9 - £100 per week
Auctioneers Note
At the time of publication the Auctioneers have been unable to internally inspect part of the property. These details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information provided.
Council Tax Band 3
Local Planning Authority
Cornwall Council.