£300,000
3 bed block of flats for sale119 Trelowarren Street, Camborne TR14
3 beds
4 baths
- Chain free
- Freehold
eXp World UK
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About this property
RefMK0967
A freehold investment property situated on a bustling high st
Retail shop unit with three residential letting units
Potential to generate a total gross income of £31,200pa
Parking at rear
Available with tenants in situ and no chain
Superb investment opportunity
This period property, located on Camborne's bustling Trelowarren Street, presents a superb investment opportunity. With a prime high street position, it offers excellent footfall and is conveniently situated close to local amenities, including a Tesco Supermarket, and within easy walking distance of both bus and railway stations, providing direct links to London Paddington.
The property comprises a versatile shop unit with staff kitchen area and WC, currently generating £600 per calendar month. Additionally, there are three residential units:
- A ground floor self-contained bedsit, projected to achieve around £500 per calendar month once an EPC is obtained.
- A ground floor two-bedroom flat, currently let at £800 per calendar month.
- A first floor one-bedroom flat, currently let at £700 per calendar month.
When fully let, this investment is capable of generating a gross income of £31,200 per annum. The property benefits from a driveway to the rear, accessed via Jack and Harry Lane, providing valuable off-road parking. Offered for sale with tenants in situ and no onward chain, this is an excellent opportunity to acquire a robust income-generating asset in a prominent town centre location.
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