1 bedroom flat for sale

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1 bedroom flat for sale

Green Lane, REDRUTH
£50,000

Our Summary

  • SUMMARYAUCTION SALE 15 April 2025 - Long leasehold self-contained flat, Investment,DESCRIPTIONLong leasehold self-contained flatInvestment Location:The property is situated on Green Lane at its junction with New Cut
  • AUCTION SALE

Description

This property is a long leasehold self-contained flat located on Green Lane in Redruth, Cornwall. The flat is situated on the second floor and offers one bedroom, a reception room, kitchen, and shower room/WC. The property has been let on an assured shorthold tenancy agreement to a long-standing tenant at a rent of £550 per month, with a total annual rent of £6,600. The lease has 125 years remaining, expiring in 2042. The property is being sold with a guide price and a contract documentation fee of £1,500 will be payable to the auctioneer. The seller may also charge additional fees upon completion. The property is suitable for investment and offers a steady income stream.
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