2 bed flat for sale

Tower Street, Launceston, Cornwall PL15

Elegant two-bedroom flat in a Landmark Victorian building, just a short walk from town centre amenities. Includes off-road allocated parking. Ideal for investors seeking strong rental potential in a prime location.

Location
Tamar Flats are situated within a historic building which used to be the old library for Launceston built by John Passmore Edwards. Tamar Flats sits in the middle of Launceston within easy walking distance of the social, commercial and shopping facilities of the town centre, but also within easy walking distance of employment opportunities in Newport, together with Kensey Vale Bowling Club, convenience garage / store and food supermarket within the Newport area of the town.

Launceston located on the Cornwall / Devon border Launceston sits astride the A30 dual carriageway spine road providing excellent links to all parts of the two counties and is halfway between the North and South coasts. To the East, the city of Exeter some 44 miles, provides Intercity Rail Link, International Airport and M5 motorway link. To the South, the city of Plymouth, 28 miles, provides Continental Ferry Port and Intercity Rail Link

Accommodation
This is one of five flats occupying the attractive period building locally referred to as “The Old Library”, but now known as “Tamar Flats”. The property has elegant elevations of render and feature red brickwork beneath pitched roof with natural slate cladding. This spacious two flat is just a short walk from Launceston Town Centre. The flat would make an ideal investment opportunity or first time purchase. The flat is also offered with the benefit of a 1/5 share in the Freehold as well as a 999 year Lease.

The flat is accessed via imposing shared entrance lobby with stairs rising to the flat.
Entrance hall

Light and airy with night storage heater and doors to:-
Kitchen

Modern kitchen with good range of cream base and wall mounted units and black roll top worksurface having built-in eye level electric cooker and separate hob, built-in microwave, fridge and dishwasher. Shelving and space for kitchen table.
Living room

Light and airy room with three triple aspect windows with great views over Launceston. Night storage heater and T.V. Aerial.
Bathroom

Large modern bathroom with walk-in shower, W.C. And wash hand basin. Partly tiled, built-in drawers and cupboard unit under sink, large wall mirror, airing cupboard with shelving and storage space.
Bedroom

Two windows with lovely views. Night storage heater and built-in wardrobes.
Outside

There is one allocated off road parking space which can be accessed to the side of the property.

Tenure
Leasehold flat on a 999 year lease. There is a Management Company. Currently the annual management charge is £900 which includes the ground rent of £50. In addition each flat contributes towards the annual insurance premium.

The purchaser of the property will have a 1/5 share of the Management Company which will own the Freehold of Tamar Flats.

Services
Mains electricity, water and drainage.