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2 bedroom block of apartments for sale
Wherry Flats, 1, 2 & 3 Alexandra Road, Penzance, Cornwall, TR18 4LY
£330,000
Wherry Flats, 1, 2 & 3 Alexandra Road, Penzance, Cornwall, TR18 4LY
£330,000
Our Summary
- Guide Price £330,000* Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 25th of June 2025
- Three Seaside Flats One Exceptional Investment Opportunity in the Heart of Penzance Description A rare chance to acquire a freehold block comprising three self-contained flats, ideally located just moments from the stunning Penzance seafront
- Nestled on Alexandra Road, this attractive property offers strong rental potential in a high-demand area, making it ideal for buy-to-let investors, holiday let operators, or those seeking a home-plus-income opportunity
- Flat 1, 1-bed flat Flat 2, 2-bed flat Flat 3, 2-bed flat Investment Potential High demand for both long-term rentals and short-term holiday lets in this popular Cornish town
- Additional Information: Potential for Improvement: Flats would benefit from cosmetic updating an excellent value-add opportunity Current Tenancy Status: Vacant Structural Survey: Available on request for interested buyers Council Tax Bands: Flats 1, 2 & 3 - A EPCs: Flat 1, 2 & 3 - D Whether you're looking to expand your property portfolio or secure a foothold in one of Cornwall's most iconic coastal locations, this multi-unit property is not to be missed
Description
This property is a rare investment opportunity in the heart of Penzance, comprising three self-contained flats with potential for cosmetic updating. The freehold block is situated just moments from the stunning seafront, promenade, and town centre, with high demand for both long-term rentals and short-term holiday lets. Each flat has its own access and utilities, with a mix of 1-bed and 2-bed layouts subject to confirmation. The property offers strong rental potential, making it ideal for buy-to-let investors, holiday let operators, or those seeking a home-plus-income opportunity. With a freehold title providing long-term security and flexibility, this property is an excellent value-add opportunity for those looking to expand their property portfolio or secure a foothold in one of Cornwall's most iconic coastal locations.