Lot 159 Freehold Residential InvestmentAuction Date:
1st May 2025
32 Church Street, Helston, Cornwall, TR13 8TQ
Currently let at £39,450 per annum
A substantial terraced building situated close to Helston town centre with its range of shopping and other amenities. It is understood the building was originally utilised as a school and is now arranged as six self-contained flats, each with their own external access point. Many of the tenants have been in occupation for a significant period of time, and accordingly the Lot is considered suitable for continued use as a letting investment.
Ground Floor
Flat F
Living room/dining room, kitchen, double bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £490 per calendar month.
Council Tax Band A
EPC Rating E
Flat E
Kitchen/living room, two double bedrooms, further room and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.
Council Tax Band B
EPC Rating D
First Floor
Flat D
Living room/dining room, kitchen, two double bedrooms and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £530 per calendar month.
Council Tax Band B
EPC Rating D
Flat C
Kitchen/living room, two double bedrooms, further room and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.
Council Tax Band B
EPC Rating C
Second Floor
Flat B
Living room/dining room, kitchen, two double bedrooms and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £580 per calendar month.
Council Tax Band B
EPC Rating D
Flat A
Kitchen/living room, two double bedrooms, further room and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £595 per calendar month.
Council Tax Band B
EPC Rating D
Auctioneers Note 1
The Auctioneers have been informed by the seller that there are no arrears and the services have been split for each dwelling.
Auctioneers Note 2
At the time of publication the auctioneers have been unable to internally inspect the property and interested applicants are advised to make their own enquiries to verify the information provided.
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
