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House For Sale £190,000
Barncoose Terrace, Illogan Highway, Redruth


Description
For Sale By Online Auction in conjunction with Clive Emson Auctioneers. Bidding Live from Tuesday 2nd May with auction ending Thursday 4th May. Auction Guide Price £190,000. Viewings Tues 18th April 1.00pm-2.00pm, Thur 27th April 12.00-1.00pm, Sat 29th April 1.30pm - 2.30pm, Tues 2nd May 1.00pm - 2.00pm.

A freehold residential investment opportunity arranged as a House of Multiple Occupancy, being in the same ownership for over thirty years, with six rooms being let on Assured Shorthold Tenancies and one room being vacant.

The property would benefit from some updating throughout and is located approximately one mile distant to Redruth town centre where a wide range of amenities and mainline transport links can be found.

The property will of course appeal to letting investors on the lookout to add to their portfolio, along with developers who will see the potential for residential development in the garden as well as scope to sub-divide Selsdon 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, three letting rooms, WC and two shower rooms.

First Floor - WC, four letting rooms and store room.

Outside - Enclosed low maintenance front garden whilst to the rear is ample parking and a good sized garden, predominantly laid to lawn.

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 D -

Local Planning Authority - Cornwall Council.

Tenancies - Room 1 - Open plan living/bedroom area - £80 per week
Room 2 - Kitchen, living room and bedroom - £150 per week
Room 3 - Open plan living/bedroom area - £67 per week
Room 4 - Open plan living/bedroom area - £75 per week
Room 5 - Open plan living/bedroom area - Vacant - previously let at £85 per week
Room 6 - Currently a store room
Room 7 - Open plan living/bedroom area - £75 per week
Room 8 - Open plan living/bedroom area - £80 per week


Follow the link for more information:
        
onthemarket.com

  
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