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St. Pancras Avenue, Devon PL2 2 bed flat for sale
St. Pancras Avenue, Devon PL2
£70,000
Our Summary
- *Cash Buyers only as this is a Cornish unit *The Cornish Unit is a type of non-standard construction house built from pre-cast reinforced concrete (PRC)
- This property is for sale by the Modern Method of Auction
- This method of auction requires both
- Cash Buyers Only
- Modern Method of Auction
Description
This is a unique opportunity to purchase a two-bedroom ground floor flat in a Cornish unit, a type of non-standard construction house built from pre-cast reinforced concrete. The property is located on Market St Pancras Avenue and features a spacious reception room, well-appointed kitchen, two comfortable bedrooms, and a shower room. With a lease term of 125 years until 2126 and a service charge of approximately £300 per annum, this property is ideal for buy-to-let investors. The valuation suggests a rental yield of between £750-£850 per month, making it a lucrative investment opportunity. The property also benefits from a council tax band A, ensuring affordable living costs. This property is being sold through the Modern Method of Auction, which requires bidders to register and provide information.