Regents Terrace, Penzance, TR18 7 bed block of apartments for sale

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Regents Terrace, Penzance, TR18 7 bed block of apartments for sale

Regents Terrace, Penzance, TR18
£785,000

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 7% based on current optimal rents (further details available upon request)

Description

This beautiful, Grade II listed Georgian house has been sympathetically converted into five self-contained apartments, offering a unique blend of style, convenience, and tranquility. The property boasts stunning sea views, period features, and large windows that create light, airy, and comfortable living spaces. The apartments, ranging from one to two bedrooms, are arranged over three floors and are currently tenanted, making it a ready-made investment opportunity. The property also features a gated garden, communal garden, shared laundry room, and six parking spaces, including three garages that generate additional income. With a potential gross yield of 7%, this property offers not only a stunning building but also a viable business opportunity with a ready-made income.