This substantial freehold investment property, located in a popular area of Newquay, is being sold by unconditional livestream auction on December 3rd. The property is arranged as six apartments, with the potential to create a seventh with some refurbishment, and has been extended over the years to provide substantial accommodation across three floors. The property is currently used as emergency housing and has a tenant in place on a periodic shorthold tenancy, generating £538 per month. With current utilization and including income from this tenant, the property has the potential to generate approximately £196,000 per year. The property includes a range of letting units, including studios, one-bedroom, and two-bedroom apartments, as well as an outbuilding that would require refurbishment to generate income. Viewings will be available in the lead up to the auction, and full details can be found in the listing.