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8 bedroom end of terrace house for sale
Lescudjack Road, Penzance, TR18
£320,000
Lescudjack Road, Penzance, TR18
£320,000
Our Summary
- Offers over £320,000 +Potential for conversion into large family home
- The property offers a tremendous investment opportunity, currently generating £37,500 pae, with the potential for rooms 7 & 8 to be individually let in order to provide an income of circa £40,000 pae
- By signing this agreement, you are confirming to us that all information relating to your property contained in our Auction brochure and associated sale particulars is true and accurate in all respects
- They are notnecessarily figures which a property will sell for and may change at any time prior to theauction
- Each property will be offered subject to a Reserve (a figure below which theAuctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
Description
This fully licensed and well-maintained end-of-terrace eight-bedroom HMO is situated in close proximity to Penzance town centre, the mainline railway station, and enjoys sea views from the first and second floors. The property is currently generating £37,500 in annual rent and has the potential for rooms 7 and 8 to be individually let, providing an additional income of circa £40,000. The ground floor features an entrance porch, hallway, two bedrooms, communal sitting room, kitchen, shower room, and bedroom 8. The first floor has a landing, four bedrooms, bathroom, and separate WC. The second floor has a landing, two bedrooms, and storage room. The property also benefits from a courtyard garden and bin storage. The property is freehold and has an EPC rating of E. The guide price is £320,000, with a potential for conversion into a large family home.