40 East Street, Newquay, TR7 1BH

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Mount Wise, Newquay
£495,000

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  • Exterior
    Mount Wise
  • View
    Mount Wise
  • Living Room
    Mount Wise
  • Kitchen/Living
    Mount Wise
  • Bathroom
    Mount Wise
  • View
    Mount Wise
  • Kitchen
    Mount Wise
  • Bedroom
    Mount Wise
  • Living Room
    Mount Wise
  • Bathroom
    Mount Wise
  • Bedroom
    Mount Wise
  • Bedroom
    Mount Wise
  • Kitchen
    Mount Wise
  • Bedroom
    Mount Wise
  • Living Room
    Mount Wise
  • Kitchen/Diner
    Mount Wise

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  • Freehold block of flats
  • Sold as going concern
  • High yield investment
  • Professionally split & converted
  • Can be sold individually
  • Ideal residential or holiday lets
  • Sea views over Newquay Bay
  • 5 x 1 bed flats
  • Prime location to attract tenants
  • Mains Water, Electricity & Drainage

FREEHOLD BLOCK OF FIVE FLATS!! HIGH YIELD INVESTMENT PROPERTY CONSISTING OF 5 X 1 BEDROOM FLATS. PROFESSIONALLY SPLIT AND CONVERTED. SEA VIEWS. SOLD AS GOING CONCERN. A freehold block of flats sold as a going concern which would make an excellent addition to any professional landlords portfolio. The building itself was professionally converted and split with full building regulations and planning permission and as such, in the future, if buyers wish to, these properties could be separated and sold off individually. Consisting of five, one bedroom flats, all of which in good modern decorative order, yet owing to the nature of rental accommodation would benefit from cosmetic redecoration and refurbishment. Principally consisting of a ground floor communal entrance that services the five flats. On the ground floor there are two, one bedroom flats. On the front elevation Kelsey has an entrance lobby into open plan living space with bay window, through to a rear bedroom and shower suite. Flat at the rear, Holywell, similarly has an entrance lobby into open plan kitchen/living/bedroom with separate shower suite. On the first floor on the rear elevation is Trevone, a very good one bedroom flat with excellent sea views from an open plan lounge/kitchen and from the double bedroom which has a separate shower room off. On the front elevation of the first floor is Harlyn. A slightly smaller one bedroom flat/studio with bedsitting room, shower suite and kitchen. On the second floor, Constantine, is the best of the flats within the main property and occupies the whole of the second floor. The entrance makes way to a great size kitchen/diner with excellent elevated sea views. This in turn provides access to a front facing sunny living room, a fully tiled bath and shower suite, a great size double bedroom with quality sea views which has a separate little snug area, also with lovely sea views. The individual sales and rental values for the units are as follow:- Kelsey £95,000 to £100,000/ £495 pcm, Holywell £90,000 to £95,000/£475 pcm, Trevone £85,000 to £90,000/£500 pcm, Harlyn £105,000 to £110,000/£425 pcm, Constantine £120,000 to £125,000/£575 pcm. To the rear of the building is a separate bungalow which is not included in the sale but may be available by separate negotiation for a price of £160,000.


All measurements are approximate

Ground Floor

Kelsey

Lounge/Kitchen

14' 8'' x 13' 10'' (4.47m x 4.21m)

Bedroom

12' 6'' x 10' 8'' (3.81m x 3.25m)

Shower Suite

6' 7'' x 5' 2'' (2.01m x 1.57m)

Holywell

Open Plan Kitchen/Living/Bedroom

23' 10'' x 9' 9'' (7.26m x 2.97m) Maximum

Shower Room

8' 6'' x 4' 8'' (2.59m x 1.42m)

First Floor

Trevone

Lounge/Kitchen

15' 8'' x 9' 4'' (4.77m x 2.84m)

Bedroom

12' 3'' x 7' 2'' (3.73m x 2.18m)

Shower Suite

7' 8'' x 2' 5'' (2.34m x 0.74m)

Harlyn

Bed/Sitting Room

12' 3'' x 12' 1'' (3.73m x 3.68m)

Kitchen

7' 11'' x 4' 9'' (2.41m x 1.45m)

Shower Suite

7' 7'' x 2' 5'' (2.31m x 0.74m)

Second Floor

Constantine

Kitchen/diner

13' 1'' x 11' 10'' (3.98m x 3.60m)

Living Room

10' 11'' x 10' 8'' (3.32m x 3.25m)

Bath/Shower Room

10' 8'' x 5' 3'' (0.51m x 1.60m)

Bedroom

9' 10'' x 8' 11'' (2.99m x 2.72m)

Snug

7' 10'' x 6' 11'' (2.39m x 2.11m) With Sloping Ceilings

Whipsiderry

Open Plan Lounge/Diner/Kitchen

Double Bedroom

Shower Suite

Parking


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Mount Wise
Newquay TR7 1QP
County: Cornwall
Sale Type: For Sale
Ref #: CNN7762
Last Updated: Friday, 27 November 2020 07:52
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