Church Street, Liskeard, PL14

FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A freehold block of five tenanted flats in need of modernisation and repair with a gross annual yield of ?28,584 (13%) in historic Liskeard, Cornwall. It comprises of a tenanted ground floor studio maisonette, a tenanted ground floor one-bedroom flat, a tenanted one-bedroom first-floor flat, a tenanted two-bedroom first-floor flat and a tenanted two bedroom second-floor flat. To be sold via online bidding on Friday, 13 September 2024

FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A freehold block of five tenanted flats in need of modernisation and repair with a gross annual yield of ?28,584 (13%) in historic Liskeard, Cornwall. It comprises of a tenanted ground floor studio maisonette, a tenanted ground floor one-bedroom flat, a tenanted one-bedroom first-floor flat, a tenanted two-bedroom first-floor flat and a tenanted two bedroom second-floor flat. To be sold via online bidding on Friday, 13 September 2024.To viewThe property can be viewed by booking onto one of the advertised managed block viewings. Once you have registered to bid by setting up your online bidding account, you will be emailed a Calendly link to do this. Each block viewing is strictly 30 minutes, and no ad hoc viewings will be available. In most cases, a video tour will be available.DescriptionFive tenanted flats, freehold, central Liskeard, CornwallLocationLiskeard, Cornwall, South West England, 0.3 miles to Liskeard railway stationAccommodationFlat 1: first floor, one bedroom (3.086m x 2.581m), shower room (2.489m x 1.689m), living room (3.337m x 4.492m), kitchen (2.043m x 2.534m) approx. 420 sqftFlat 2: first floor, two bedrooms (3.761m x 2.922m, 4.987m 3.335m), living room (4.159m x 3.782m), kitchen (2.408m x 3.710m), shower room (1.644m x 1.770m), approx. 775 sqftFlat 3: second floor, two bedrooms (3.676m x 3.574m, 4.187m x 2.258m), living room (4.85m x 3.857m), kitchen (2.207m x 3.741m), shower room (2.321m x 1.832m), approx. 678 sqftFlat 4: ground floor, reception (2.051m x 4.418m), studio living area (4.009m x 4.403m), kitchen, shower room (1.324m x 3.147m), WC, approx. 323 sqftFlat 5: ground floor, living room (3.249m x 3.265m), bedroom (2.346m x 3.232m), shower room (1.216m x 3.192m), approx. 258 sqftOutsideSide aspect bricked patio area over two levelsTenureFreeholdAssured Shorthold Tenancy Rent Schedule:Flat 1: ?450.00 PCMFlat 2: ?519.75 PCMFlat 3: ?456.75 PCMFlat 4: ?498.75 PCMFlat 5: ?456.75 PCMNote: the signed tenancy agreement rental amounts differ for certain flats due to Section 13 rent increases over time (see legal documents)EPC ratingFlat 1: EFlat 2: EFlat 3: EFlat 4: EFlat 5: DLocal AuthorityCornwall CouncilCouncil tax band: A (all flats)