Investment Spot

Investment Spot

We are departing from our normal blog article by presenting a versatile investment opportunity to our readers.

 

As a Directorship, we have had a link with this one bedroom property since it was built approximately 12 years ago. The current owners have decided to emigrate to Australia and are reluctant to sell what has been their permanent home and long-term investment let.

 

It is well cared for throughout and comprises hallway, double bedroom, bathroom and open plan living, dining room and kitchen. Slide doors from the dining area lead to a rather neat concealed balcony which has been ‘cut’ into the roof. It is south facing and offers immediate 180 degree views up river towards old Penryn and down river to Penryn Bridge and the main estuary.

 

Kitchen 10' 2" x 7' 3" (3.1m x 2.21m)

Lounge / Dining Area 14' 1" x 11' 4" (4.30m x 3.47m)

Bedroom 12' 5" x 11' 7" (3.80m x 3.55m) 

 

It currently returns £625 per calendar month to a professional long-term tenant.

 

If re-marketed for rent in our opinion it would return £650-675 PCM.

 

The management fees which include block insurance are £ TBC.

 

We can thoroughly recommend this investment for its rental potential and also historical capital growth. If this property appeals to you please give us a call!