1 bedroom flat for sale

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1 bedroom flat for sale

Green Lane, REDRUTH
£45,000

Our Summary

  • SUMMARYAUCTION SALE 18 November 2025 - Long leasehold self-contained flatInvestmentDESCRIPTIONLong leasehold self-contained flat InvestmentLocation:The property is situated on Green Lane at its junction with New Cut
  • AUCTION SALE

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: A long leasehold self-contained flat is being sold at auction on November 18, 2025, with a guide price of £45,000. The flat is located on Green Lane in Redruth, Cornwall, and offers one bedroom, a reception room, kitchen, and shower room/WC. The property has a long lease of 125 years from January 1, 2017, and is currently let on an assured shorthold tenancy agreement to a long-standing tenant at a rent of £550 per month, generating an annual income of £6,600. The property offers a gross yield of approximately 14.67%, making it an attractive investment opportunity. Viewings are strictly by arrangement with the auctioneer, and a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer.