Western Road, Cornwall PL15 9 bed apartment for sale

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Western Road, Cornwall PL15 9 bed apartment for sale

Western Road, Cornwall PL15
£200,000

Our Summary

  • For sale by public auction on Wednesday 18th June 2025 at 7pm to be held at Strawberry Fields, Lifton, PL16 0DE
  • For sale by Public Auction on Wednesday 18th June 2025 at Lifton Strawberry Fields, Lifton Devon, PL16 0DE
  • With a proven annual income of £50,000, this property presents a fantastic investment opportunity for those seeking a high-yield asset in a desirable area
  • AUCTION VENUE AND DATE - Lifton Strawberry Fields, Lifton, Devon PL16 0DE on Wednesday 18th June 2025 at 7pm
  • REGISTRATION Please note ALL BIDDERS, including Kivells existing clients, will need to register with Kivells on the night of the auction in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the "Regulations") – as of 26th June 2017
  • Bidders will be required to provide one form of government issued photographic identity and a utility bill addressed to them at their home address, dated within 3 months of the date of the auction
  • ONLINE BIDDINGOnline bidding registration will be available 10 days before each auction and all bidders must register at least 48 hours prior to the auction
  • BUYER’S ADMINISTRATION FEE All successful buyers at Kivells’ Property Auctions should note that on exchange of contracts, a Buyer's Administration Fee of £2,000 plus VAT Total: £2,400 inc VAT) is payable to Kivells on the night of the auction
  • Please note if the lot is sold prior to auction, or afterwards, this fee remains payable
  • All interested buyer’s are advised to review the Auction Legal Pack prior to bidding, this can be obtained from Kivells website and is free to download
  • For sale by public auction on Wednesday 18th June 2025 at 7pm to be held at Strawberry Fields, Lifton, PL16 0 DE

Description

This freehold investment property in Launceston, Cornwall, is up for public auction on June 18th, 2025. The property comprises eight one- and two-bedroom flats, all currently let on Assured Shorthold Tenancies, generating a strong annual income of £50,000. The flats are located within walking distance of the town center and have a rear storage room with amenities. The property is situated in a desirable area with good access to the north coast, Tamar Valley, and major cities. The current tenants pay between £350 and £550 per month, and the property has a proven track record of high rental yields. The auction will be held at Strawberry Fields, Lifton, Devon, on June 18th, 2025, at 7pm. Potential buyers are advised to view the property and check availability before attending the auction.