Offers over
£80,000
1 bed flat for sale27 Castle Street, Bodmin PL31
1 bed
1 bath
EPC Rating: C
About this property
Sold with Tenants in Situ or Vacant Possession!
Income From Day One
Long Term Tenant
Current Rental £770 pcm
Projected Rental £900 pcm
Projected 12%+ Yield
Below Market Value
Council Tax Band A
A ready-made investment opportunity located within a strong and established residential area of Bodmin, currently generating £700 pcm from reliable long-term tenants with an excellent payment history and no arrears. Current Tenants paying £800 pcm.
Delivering an impressive 9% gross rental yield, this property offers investors immediate income from day one alongside excellent long-term growth potential. Priced competitively due to seller motivation, it represents an opportunity to acquire a high-yielding asset with potential equity upside.
The property is available with tenants in situ for a hassle-free investment or with vacant possession, providing flexibility for both investors and owner-occupiers alike.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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More information
Tenure
Leasehold (995 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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