Lannoweth Road, Penzance

£287,000 Offers Over
  • Ref: jet_sme-SME200209
  • Type: House
  • Availability: For Sale
  • Tenure: Freehold
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Full Details

Beautiful period town house providing an excellent freehold fully tenanted investment property. The whole block comprises of two x bedsits and four x flatlet. The property is currently producing an aggregate gross yield of 11%. This fully licenced HMO is presented in good order with all of the electrics and fire systems regularly serviced. All letting units and showers have meters.
Conveniently located on the fringe of Penzance, 5 minutes walking distance to the town centre, train and bus station and the sea front. The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall. The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee pool and Morrab gardens. The neighbouring town of Newlyn is approx. 1 mile away. Marazion 3 miles. Sennen, Porthcurno and St.Ives all within a short drive.

Entrance
Front door into entrance porch. Under stair cupboard housing electric meters. Stained glass door into entrance hall.

Number 1

Bedroom living room (4.65m x 3.89m (15'3" x 12'9"))
Bay window to front with a glimpse of the sea, electric heaters x 2. Fire place with arched alcoves to either side. Cornicing. Double doors into

Kitchen Dining Room (4.06m x 2.92m (13'4" x 9'7"))
Fitted kitchen, sink and drainer, fridge freezer and cooker.

Number 2

Bedroom (3.45m x 2.95m (11'4" x 9'8"))
Double glazed window to side, electric heater, fire place. Door to

Open plan living area (4.00m x 3.43m (13'1" x 11'3"))
Fitted kitchen, sink and drainer, cooker and fridge freezer. Double glazed window to side. Electric heater. Glazed door to side rear with access to courtyard and back lane.

First floor
Half landing, door to separate w/c, double glazed window to side. Door to shower room 7'1'' x 8'2'' w/c, sink, shower, wall heater, frosted window to side. Inner landing- sliding door to further shower room.

Number 3 (3.84m x 3.45m (12'7" x 11'4"))
Double glazed window to rear with a glimpse of the sea. Panel heater. Kitchen with sink and drainer, worktop cooker and fridge.

Number 4 (3.96m x 2.67m (13' x 8'9"))
Kitchen area, sink and drainer, worktop cooker and fridge. Panel heater, double glazed window to rear.

Number 5
12'8'' x 5'7'' - kitchen with sink and drainer, fridge freezer and worktop cooker. Window to front. Bedroom 15'5'' x 10'2'' Bay window to front with a glimpse of the sea. Electric heater.

Second floor

Number 6 (6.12m x 4.80m (20'1" x 15'9"))
Door into open plan living area, double glazed window to front and rear with views across Penzance harbour. Kitchen- Sink and drainer, fridge and cooker. Exposed stone and beams, bedroom area divided by shelving.

Outside
Enclosed courtyard with gate access to rear service lane.