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Albert Street, Penzance TR18 2 bed apartment for sale

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Albert Street, Penzance TR18 2 bed apartment for sale

Albert Street, Penzance TR18
£90,000

Our Summary

  • Guide Price £90,000 * 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 £850 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,

Description

This 2-bedroom flat is located in the heart of Penzance, within a traditional period building on Albert Street. The property is currently tenanted, generating £850 PCM, making it an excellent ready-made investment opportunity. The flat features two bedrooms, a 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 property is offered leasehold with a 950-year lease from 2005, with no service charge and a £50 PA ground rent. The buyer will be required to pay a 5% deposit and a 5%+VAT buyer's premium, and contracts will be exchanged 28 days following the auction. The seller may consider pre-auction offers prior to the auction date, and all auction conditions will remain the same for pre-auction offers.