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Regents Terrace, Penzance, TR18 7 bed block of apartments for sale
Regents Terrace, Penzance, TR18
£755,000
Regents Terrace, Penzance, TR18
£755,000
Our Summary
- All the apartments are currently tenanted making this a ready-made investment opportunity
- The property is in good condition and has the potential to generate a gross yield of 9% based on optimal rents (further details available upon request)
Description
Northwood is pleased to offer a stunning, grade II listed, Georgian house for sale, which has been sympathetically converted into five self-contained apartments over three floors. The property boasts a beautiful, south-facing garden and is situated on a private road just a short walk from the seafront, promenade, and outdoor swimming pool. The apartments, which range from one to two bedrooms, benefit from period features, large windows, and stunning sea views. Each apartment has its own parking space and access to a communal garden and laundry room. The property also features three garages, two of which are currently rented out, generating additional income. With a gross yield of 9% based on optimal rents, this is not only an opportunity to purchase a unique and beautiful building but also a viable business opportunity with a ready-made income.