Turf Street, Bodmin, Cornwall, PL31 3 bed block of apartments for sale

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Turf Street, Bodmin, Cornwall, PL31 3 bed block of apartments for sale

Turf Street, Bodmin, Cornwall, PL31
£74,950

Our Summary

  • Turf College consists of three studio flats which would benefit from a degree of modernisation
  • Potential to earn an annual income of £14,400 (based on £400 per calendar month per flat), an approximate gross yield of 16
  • Investment Opportunity

Description

Turf College is a three-studio-flat property located on Turf Street, close to Bodmin Town and Priory Park, that requires modernization and presents an investment opportunity. The property's three flats, St Stephens, St James, and St Alan, offer compact yet functional living spaces with carpeted living/bedroom areas, kitchenettes, and shower rooms. The top flat, St Alan, has an open-plan living area with views of St Petroc's church. With a potential annual income of £14,400 and an approximate gross yield of 16.74%, this property could be a lucrative investment for the right buyer. The property also comes with a rear terrace, although it is not included in the sale.