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  • Rent income £2560 PCM, potential to increase
  • 6 self-contained units, converted with PP
  • Rear Yard let with ground floor flat
  • Single Garage/Workshop for landlord use
  • Gas Central Heating from one boiler
  • Card meters for unit electricity
  • Going concern, fully let with AST’s and no arrears
  • Central Newquay Location
  • EICR certificates and communal fire alarm in place
  • Turnkey investment opportunity

Full Description

CENTRAL NEWQUAY 3 STOREY TOWN HOUSE CONVERTED IN 2004 TO 6 LETTING UNITS COMPRISING 3 X 1 BEDROOM APARTMENTS AND 3 X BEDSITS. FULLY CERTIFIED AND EARNING £30,720 PER ANNUM GROSS WITH NO ARREARS

Tenure
Freehold

Services
All mains. One metered water supply paid by landlord and included in the rent. One metered electricity supply paid by the landlord and reimbursed via pre-payment tenant card meters for each unit. One metered gas supply for central heating paid by landlord and included in the rent. Each tenant pays their own Council Tax

EPC
6 x EPC’s all valid until 28 Jan 2031, all rated C

Arrears
£0

Council Tax
6 x Band A

Tenancies
A – rolling tenancy dated 17/12/18 - £320pcm
B – rolling tenancy dated 4/7/24 - £400pcm
C – rolling tenancy dated 1/1/25 - £550pcm
D – rolling tenancy dated 1/9/21 - £320pcm
E – rolling tenancy dated 30/9/23 - £510pcm
F – rolling tenancy dated 11/4/24 - £460pcm

EICR
6 x EICR (all SATISFACTORY) dated 14th December 2023

Gas Safety
1 x Gas Safety Record dated 11th January 2025

Services
All mains

Viewing
Please contact us on 01637 875847 if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Start & Co endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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