Lot 51 Residential Investment In Central LocationAuction Date:
24th September 2026
4A Penryn Street, Redruth, Cornwall, TR15 2SP
Currently let at £4,500 per annum
A deceptively spacious maisonette with accommodation over five floors for updating. The property has been let for many years to the current tenant and is an immediate productive investment.
The property is situated within the heart Redruth town with an array of amenities, mainline railway and bus station all being close by.
Ground Floor
Entrance hall.
Lower Ground Floor
Bathroom.
First Floor
Living room and kitchen.
Second Floor
Two bedrooms.
Third Floor
Attic bedroom.
Outside
Small yard area to the rear.
Tenancy
Let at an unregistered current rental of £375 per calendar month, having last been increased in 2006.
Council Tax Band A
Auctioneer's Note 1
At the time of publication the Auctioneers have been unable to internally inspect the property. These details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information provided.
Auctioneer's Note 2
The Property is subject to an oral tenancy agreement at a rental of £375 per calendar month.
Tenure
Remainder of a 125-year lease from 25th October 1998.
Viewings
External only.
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
