A mid-terrace two storey building confirming five residential units in the form of an independent self-contained ground floor flat and four studio units enjoying convenient proximity to everything Truro has to offer but at the same time being slightly off the beaten track.
The property is likely to primarily appeal to both private and career investors particularly due to the fact that what is on offer is a substantial income stream from essentially a single asset thereby aiding servicing and general management. In addition, there is the potential for whole or partial split-off and re-sale and even perhaps more substantive development.
Front door to entrance hall, kitchen, living room, bedroom and bathroom.
Currently vacant although it is anticipated that The Flat will be occupied by the date of the auction at £525 per calendar month.
Communal porch and hallway for Units 1 to 4.
Bed/living room with kitchenette and shower room.
Let on an Assured Shorthold Tenancy Agreement at a current rental of £435 per calendar month.
Shared shower room off the landing for Units 2 and 3.
Studio room and kitchen.
Let on an Assured Shorthold Tenancy Agreement at a current rental of £425 per calendar month.
Studio room with kitchenette.
Let on an Assured Shorthold Tenancy Agreement at a current rental of £395 per calendar month.
Bed/living room, kitchen and shower room.
Let on an Assured Shorthold Tenancy Agreement at a current rental of £450 per calendar month.
To the front is a pleasant and level area of garden easily capable of formalisation to enhance the property. To the rear is a path/yard area.