1 bedroom flat for sale

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1 bedroom flat for sale

Green Lane, REDRUTH
£48,000

Our Summary

  • UNSOLD AT AUCTION

Description

This long leasehold self-contained flat is available for investment at a guide price of £48,000. The property is located on Green Lane in Redruth, with nearby public transport links, shopping amenities, and recreational spaces. The flat itself has one bedroom, a reception room, kitchen, and shower room/WC, and is currently let on an assured shorthold tenancy agreement for £550 per month. The lease has 125 years remaining, and the property offers a gross yield of approximately 14.67% based on the guide price and annual income. The property is available to view by arrangement with the auctioneer, and the buyer will be required to pay a contract documentation fee of £1,500, in addition to any additional fees payable upon completion.