No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£785,000
Added < 7 days

7 bedroom block of apartments for sale

Regents Terrace, Penzance, TR18
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Block of apartments
7 bed
6 bath

Key information

Tenure: Ask agent
Ground rent: £0 per annum
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

Northwood are delighted to offer this beautiful double fronted Georgian house to market. The house which is grade II listed, has been sympathetically converted to five 1 bedroom and one 2 bedroom self-contained apartments arranged over three floors. The gated garden to the front, south facing, manicured lawn sets the high standard that continues throughout the house.

The mid terraced house can be found on the private road just a small walk away from the sea front, promenade and outdoor Jubilee Swimming Pool. The town centre with its variety shops, bars and restaurants, can also comfortably be reached on foot.

The property itself benefits from a number of period features, large windows creating light, airy and comfortable accommodation. This property offers style, convenience and tranquillity.

The six apartments are a made up of two 2 bedroom and four 1 bedroom set over three floors. All the apartments are currently tenanted making this a ready-made investment opportunity.

Each apartment benefits from stunning sea views, electric heating (except basement apartment which has gas central heating), parking, and access to a communal garden and a shared laundry room.

The parking area to the front of house has six parking spaces and also three, single garages, two of which are currently rented out thus generating additional income.
The property is in good condition and has the potential to generate a gross yield of 7% based on current optimal rents (further details available upon request).

This is not just an opportunity to purchase a stunning building, but is also a viable business opportunity with a ready-made income.

EPC rating: D.

Rooms

Apartment 1 Not provided
2 double bedroom, basement apartment. Kitchen/diner with integrated oven and hob. Carpeted lounge with a feature fireplace (ornamental and French doors which lead to front garden. Utility room with plumbing for a washing machine and a bathroom with a bath and an electric shower over, a toilet, and wash basin set in a vanity unit. Gas central heating and parking,

Apartment 2a Not provided
1 double bedroom ground floor apartment. Open plan lounge/kitchen/diner with cooker and fridge and sea views. Shower room with electric shower, toilet and wash basin. Electric heating and parking

Apartment 2b Not provided
1 double bedroom ground floor apartment. Open plan lounge/kitchen/diner with cooker and fridge and sea views. En-suite shower room with electric shower, toilet and wash basin. Electric heating and parking

Apartment 3a Not provided
1 double bedroom 1st floor apartment. Open plan lounge/kitchen/diner with cooker and fridge and sea views. En-suite shower room with electric shower, toilet and wash basin. Electric heating and parking

Apartment 3b Not provided
1 double bedroom apartment. Carpeted lounge with sea views. Kitchen/diner with electric cooker and a bathroom with 'P' shaped bath with a thermostatic shower over, a toilet and a wash basin set in a vanity unit. Electric heating and parking

Apartment 4 Not provided
1 double bedroom, top floor apartment. Kitchen/diner, carpeted lounge with sea views and bathroom with a bath, an electric shower, toilet and wash basin. Electric heating and parking

Addtional Information Not provided
Stone construction, Grade II listed and in a conservation area. Planning permission will normally be required for external works such as replacing windows or railings etc.

Services Not provided
Mains gas, electric, water and sewerage. Standard and Ultrafast Broadband is available. Mobile signal may be limited across all networks (source ofcom).

Places of interest

    We provide a full range of services in residential letting or selling. Landlords can choose from 4 different schemes varying from a fast and efficient tenant find & rent collection service to a comprehensive fully managed service and guaranteed rent. From beginning to end we pride ourselves on speed, customer service, communication and ensuring the highest possible standard in everything we do. Our team of local specialists with expert local knowledge manage the rental process from Launceston to Sennen and everything in-between. Our property inventories are prepared to the highest possible standard and our motivated negotiators are incentivised to let properties as quickly as possible to the most appropriate clients. Our friendly and efficient office staff strive to consistently provide the best service possible, making the letting of your property as hassle free as possible. Tenants receive a professional welcome, benefiting from our 'no grey area' policy where honesty and clarity is paramount. We understand that moving can often be a stressful period in your life and we aim to make this as seamless as possible through a fast, efficient friendly service and the aim to work around your schedule wherever possible. Our testimonials point to an agent who shows a care for what we do and who we deal with. We recognise that everyone's situation is different and we truly believe that there is a property out there for everyone that we can help you to make a home. Estate Agency complements our lettings service, from selling to move on, buying to move in or landlords looking for that next investment. Our dedicated sales team are always happy to help and advise in what can be a complicated process. Again, we like to do business in a friendly but efficient manner whereby we recognise that communication is key to a successful sale or purchase. We promise that there are no hard sales techniques here, just straight-talking professionals who genuinely enjoy getting the best sale for their customers. So if you are looking for local, friendly experts who are passionate about property then talk to us.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.