Penrice Parc, St. Austell PL25 2 bed flat for sale

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Penrice Parc, St. Austell PL25 2 bed flat for sale

Penrice Parc, St. Austell, PL25
£130,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in St. Austell is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £9,300 with tenants already in situ, and has the potential to produce even more in future years. The well-kept home features 2 bedrooms, lounge, kitchen, bathroom, shared garden space, and street parking, making it a great option for those looking for a hassle-free investment. The current tenants have a good track record of paying their rent on time and have no plans to move out, ensuring a smooth transition for the buyer. With its proximity to amenities and potential for rewarding rental returns, this property is definitely worth considering for any savvy investor.