5-6, Market Street
St Austell
Cornwall
PL25 4BB
INVESTMENT LANDLORD OPPORTUNITY! 7.2% yield! Three bedroom property in Highstreet. No onward chain. Full renovation required. Service charges apply.
Millerson Estate Agents are delighted to bring this three bedroom, end of terrace property to the market. It is situated in the quiet hamlet of Burngallow close to Lanjeth and is being sold with no onward chain. Requiring a full renovation throughout this property is ideal for those looking for a project / investment opportunity. The accommodation briefly comprises of an entrance hallway which in turn leads to the lounge and through to the spacious kitchen / diner. The bathroom can also be located downstairs to the rear of the property. Upstairs there are three good size bedrooms and externally there is a small rear garden with outbuildings for storage and an additional W/C. Viewings are highly recommended to appreciate all that there is to offer.
Please note the land next to the garden is owned by Cornwall Council and not the vendors of this property. Should anyone look to investigate this further for an additional purchase then they are free to do so at their own leisure.
The property is located in a quiet spot within the rural hamlet of Burngullow which is on the edge of Lanjeth. It has easy access to neighbouring towns including St Austell which is a short drive away and provides a more comprehensive range of facilities and schooling in addition to a mainline train station with a direct link to London Paddington. Further afield lie the picturesque beaches and coastline of the Roseland Peninsula, an Area of Outstanding Natural Beauty, the historic harbour at Charlestown which has been used as a back drop for several films and period dramas and of course the world famous Eden Project.
(All dimensions are approximate)
5.01m x 3.66m (16'5" x 12'0")Double glazed window to the front aspect. Radiator. Laminate flooring. Skirting.
4.64m x 3.06m (15'2" x 10'0")Double glazed window to the rear aspect. Range of wall and base fitted units with roll edge worksurfaces. Stainless steel sink with drainer and mixer tap. Radiator. Tiled flooring. Skirting. Door leading to the rear porch.
1.86m x 1.80m (6'1" x 5'10")Double glazed frosted window to the side aspect. Extractor fan. Fully tiled. Radiator. Bath with shower over. W/C with push flush. Wash basin. Vinyl flooring.
4.04m x 3.03m (13'3" x 9'11")Double glazed window to the front aspect. Radiator. Skirting.
3.68m x 2.45m (12'0" x 8'0")Double glazed window to the rear aspect. Radiator. Storage cupboard. Skirting.
2.72m x 2.44m (8'11" x 8'0")Double glazed window to the rear aspect. Radiator. Skirting.
To the rear there is a small patio area with outside W/C and storage outbuilding.
Connected to mains electricity and water with heating powered via air source and private drainage which is maintained and owned by Ocean Housing. Council tax band A.
Annual Service Charge of £271.02 applies; breakdown as follows:
Insurance £15.84
Sewerage £219.84
Management Fee £35.52
=£271.02 per year
The service charge is subject to annual review.
The boundary line can be seen on the photos and floorplan. The air source heating system will be moved to reflect this.
This property will be sold with a restrictive covenant to prohibit use as a holiday let
Please note the land next to the garden is owned by Cornwall Council and not the vendors of this property. Should anyone look to investigate this further for an additional purchase then they are free to do so at their own leisure.
Leaving St Austell on the A390 towards Truro take the turning after the Mevagissey roundabout towards Newquay and onto the A3058. Stay on this road and pass through the village of Trewoon and take the left hand turn signposted Burngullow before you enter the village of Lanjeth. Continue for a short while before turning left again where the property will be located on your left and clearly signposted with a round For Sale Millerson sign.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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