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£280,000

Truro TR1

£280,000

2 Bedroom End of Terrace House For Sale

Truro TR1


Key features

  • Investment purchase
  • Yield of 5%
  • Split into two separate flats
  • Close to the city centre and train station
  • Long term tenants in situ
  • Both flats are EPC - D
  • Council Tax: A

PROPERTY DESCRIPTION FANTASTIC INVESTMENT ! Long term rental investment for sale due to retirement. This property has been split into 2 x one bedroom apartments, both currently let under AST's and with long term tenants in situ. Ideal for a BTL investor looking to get a great return on investment and get income from day 1. Located only seconds from the train station and a short walk from the city centre the property has a proven track record for rental offers a 5% yield. Communal entrance leading to a shared entrance hall with then further private entrances to both flats. The ground floor apartment has a large open plan kitchen living space with doors leading to a rear courtyard garden. Double bedroom and modern shower room. The first floor apartment has split level accommodation with a large living room and separate kitchen to the front of the property, double bedroom and then shower room at the rear. Video tour available on the ground floor flat only at present. Viewings can be made with an appointment.  

GROUND FLOOR FLAT The ground floor flat shares the communal entrance hall from the main building front door with a further internal private door leading to the flat itself. Currently tenanted and let under an AST paying £585pcm  

KITCHEN / LIVING ROOM 28' 8" x 12' 1" (8.744m x 3.684m) Open plan space with large UPVC bay window to front aspect. Fire place with free standing gas fire (not currently connected) and surround. The kitchen is fitted to three sides with a range of above and below counter units. Electric oven with hob and extractor over. Cupboard housing gas boiler. Ample storage. Double doors that lead out to the rear courtyard and on to the communal garden.  

INTERNAL HALLWAY From the kitchen the internal hallway connects the bedroom to the main living space 

BEDROOM 12' 2" x 8' 5" (3.733m x 2.580m) Double bedroom with UPVC window to side aspect. Recess under stairs for wardrobe/storage space. Door leading to shower room.  

SHOWER ROOM Fitted with a modern white three piece suit comprising of WC, wash hand basin and enclosed shower cubicle. Wall hung heated towel rail. Extractor fan (heat recovery).  

FIRST FLOOR FLAT The first floor flat is currently tenanted on an AST with the tenant paying £585pcm 

ENTRANCE HALL From the communal hallway, the flat has its own entrance hall with stairs rising to the first floor. There is a split level landing with a half landing leading to the bathroom at the rear and the stair return then leading to the other rooms.  

LIVING ROOM 12' 9" x 10' 1" (3.897m x 3.084m) Currently used by the tenant as a living dining space as it easily accommodates a sofa and dining table. UPVC window to front aspect. Gas fire place (not currently connected) with wooden surround.  

KITCHEN 8' 10" x 5' 5" (2.710m x 1.663m) Fitted to two sides with a range of above and below counter units. Electric oven with hob and extractor above. UPVC window to front aspect.  

BEDROOM 11' 3" x 10' 1" (3.446m x 3.098m) Double bedroom with two fitted cupboards either side of the chimney breast providing extra space for storage. UPVC window to rear aspect.  

SHOWER ROOM Fitted with a white three piece suite comprising of WC, wash hand basin and enclosed shower cubicle with sliding door. Two large airing cupboards (one of which houses the boiler). UPVC door leading to rear 'walkway' which then leads to the communal garden.  

COMMUNAL GARDEN At the rear of the property there is a communal garden space which has been laid with gravel, area of paving and some well established shrubs and plants. There is also a communal washing line.  

Calculate your Stamp Duty

Until March 31 2021 most buyers will be exempt from paying stamp duty on the first £500,000 of the purchase price. Calculate how much Stamp Duty you would have to pay on this property by using the calculator below.

Please note: This calculator is provided as a guide only on how much stamp duty land tax you will need to pay in England and Northern Ireland. It assumes that the property is freehold and for residential purposes.

Book a viewing

Contact Martin & Co Truro

  • 22 New Bridge Street
  • Truro
  • TR1 2AA

Call 01872 225354

truro@martinco.com

Contact us now