3 bed block of flats for sale in Turf Street, Bodmin, Cornwall PL31, £100,000

100,000.00

Offer Nr.:
65905147
Type of ad:
for Sale
Property type:
3 bed block of flats
Bedrooms:
3
Bathrooms:
3
Reception rooms:
3
Contact name:
The Property Shop
Phone(s):
01208 216007

* Leasehold
* Buy to let investment
* Three self - contained studio flats
* Town centre location
* Each flat is held on the remainder of a 200 year lease that commenced on 17th April 2015.
*investment buyers only*
An opportunity to purchase three studio apartments in the heart of Bodmin town
centre with views across to St Petroc's Church - a superb residenitial
investment with the potential to earn an annual income of £14, 400 (based on
£400 per calendar month per flat), an approximate gross yield of 14% based on
the asking price.
Turf Street is located in the centre of the historic town of Bodmin, which
offers a variety of amenities to include supermarkets, restaurants, cinema,
primary and secondary schooling and also two colleges. The town is
conveniently located close to the A30 offering transport links within Cornwall
and further afield.
**Tenure**
Each of the three flat are Leasehold and each held on 200 year leases that
commenced from 17th April 2015. For each flat the Ground rent is £250 per
annum and the service charge £759 per annum.

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