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Albert Street, Penzance TR18 2 bed apartment for sale
Flat 2, 9 Albert Street, Penzance, Cornwall, TR18 2LR
£75,000
Flat 2, 9 Albert Street, Penzance, Cornwall, TR18 2LR
£75,000
Our Summary
- Guide Price £75,000-£100,000 * Plus 5% Buyers Premium + VATFor sale by unconditional online auction
- Bidding opens 27/11/2025 10:00 and the auction ends at 27/11/2025 12:25
- To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- Set within a traditional period building on Albert Street, the property offers immediate income potential with a tenant already in situ, generating £675 PCM
- Making it an excellent ready-made investment opportunity
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
- For sale by online auction
Description
This two-bedroom flat is located in the heart of Penzance, a traditional period building on Albert Street, and offers immediate income potential with a tenant already in situ, generating £675 PCM. The property features two bedrooms, a well-sized bathroom, and a bright open-plan living area with a fitted kitchen. Situated moments from the seafront, town centre shops, cafes, and Penzance railway station, it offers convenient access to all local amenities. The flat is offered leasehold, with no service charge and a £50 PA ground rent, making it a low-maintenance investment in a consistently strong rental area. The property is being sold by unconditional online auction, with bidding opening on November 27th, and the auction ending on the same day. A 5% buyer's premium and VAT will apply, and the purchaser will be legally bound to buy and the vendor to sell upon the fall of the hammer. The seller may also consider pre-auction offers prior to the auction date.