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8 bedroom house of multiple occupation for sale
26 Green Lane, Redruth, Cornwall TR15 1JU
£500,000
26 Green Lane, Redruth, Cornwall TR15 1JU
£500,000
Our Summary
- Guide Price £500,000 (plus fees) For Sale by National Timed Auction, bidding opens Monday 21st October at 13:00pm and closes Tuesday 22nd October
- In total there is the potential of a gross annual income of £64,800PA
- AUCTIONEERS NOTE Details of the Certificate of Lawfulness can be found on the Cornwall Planning Portal using reference: PA24/04047ACCOMMODATION GROUND FLOOR Bedroom One - 5
- 16m VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction
- Please telephone Auction House South West on to request a viewing
Description
This refurbished 8-bedroom property in central Redruth is a prime opportunity for assisted living accommodation or HMO. With a gross annual income potential of £64,800, the property has undergone significant refurbishment works, including a new 3-phase electric supply and en-suite bathrooms in each of the 7 bedrooms. The property also features a cottage to the rear with one bedroom, and a Certificate of Lawfulness has been granted by Cornwall Council, allowing the buyer to obtain a licence to operate as an HMO. The property is situated in the heart of Redruth town centre and offers a range of communal areas, including a kitchen, study area, utility room, and WC. Regular viewing sessions will be provided in the lead up to the auction, which is scheduled to take place on October 22nd.