2 Flats in Redruth - great income & investment

Description

Two flats, central Redruth - a large two bed first floor flat (DG, GCH) over a one bed ground floor flat (DG, electric heating); separate entrances, separate titles. Both leasehold but no Ground Rent or Service Charge bills as the freehold will be included (just conveyancing payable). Mortgageable although currently unencumbered. Immediate returns as both flats are tenanted bringing in £14,820 pa (over 10% yield) and to demonstrate my confidence, this rent will be guaranteed to the new landlord for the first 12 months of ownership.

After 28 years involved in property letting, I wish to reduce my portfolio and will happily pass these two on to someone who recognises a good deal when they see one. As with all properties, they will need periodic maintenance but they both have new EICRs (5 yr electrical safety check). Asking price is £135K for the pair which after SDLT, still comes in under £140K.

Please get in touch for more details, but only if you are a serious investor - this is not an owner occupier option. Viewings can be arranged. (Photos show properties when they were last vacant.)

PS. Much as I love to communicate, please only contact me if you are interested as an investor looking to start or increase a portfolio, someone who is actually looking for a good business opportunity themselves. I can find auctioneers, estate agents etc for myself, thanks. And I'm not looking for tenants. I have tenants. If you get in touch, please start by stating your interest. Thank you.