Trelowarren Street, Camborne TR14 3 bed terraced house for sale

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Trelowarren Street, Camborne TR14 3 bed terraced house for sale

Trelowarren Street, Camborne TR14
£270,000

Our Summary

  • Both apartments have undergone extensive refurbishment however the shop unit has not traded for around 40 years so does require extensive works
  • Potential to convert shop unit into further accommodation

Description

The property is a mixed-use development consisting of a ground floor shop unit and two residential apartments above, one on the ground floor and one on the first floor. The apartments are currently let on periodic tenancies, with the one-bedroom apartment rented for £650 per calendar month and the two-bedroom apartment rented for £750 per calendar month. Despite being let, the agent believes that these rent figures are below the current market value due to the high demand for rentals in the area. The shop unit, however, has not traded for around 40 years and requires extensive renovation works. The property is available with either vacant possession or with the current tenants in situ, but with no chain.