1 bedroom terraced bungalow for sale

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1 bedroom terraced bungalow for sale

Jelbert Way, Penzance TR18
£85,000

Our Summary

  • The mixed site of owner-occupied and rented properties adds to the charm of the neighbourhood, making it an ideal investment opportunity for those looking to buy-to-let

Description

This charming chalet in Eastern Green, Penzance, boasts a newly restored interior with a fresh kitchen, part bathroom, new carpets, and a coat of paint, creating a modern and inviting living space. Located on the fringe of Penzance, the property is close to supermarkets, the town, bus and railway, and Longrock Beach, offering a perfect blend of convenience and coastal living. Although it currently doesn't have heating, it is connected to mains electricity and water. The property features an open-plan lounge/kitchen, one bedroom, and one bathroom, making it ideal for individuals or couples seeking a cosy and low-maintenance home. With an annual ground rent of approximately £1100, the freehold property offers a projected income of £600 per calendar month, making it a lucrative investment opportunity for those looking to expand their property portfolio.
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