5 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- To arrange a viewing please quote bl0650
- Excellent Investment Opportunity
- Freehold
- Four Self Contained Flats
- Tenants Already In Situ
- 8.3% Yield
- Income Of £24,600 Per Annum
- Town Centre Location
A rare opportunity to purchase an excellent investment property within Callington Town Centre. The property is divided into four self-contained apartments and marketed with tenants already in situ, generating an income of £24,600 per annum with a yield of 8.3%.
Location - Callington is a charming Cornish town located within a prime location in South East Cornwall and just 15 miles from Plymouth City Centre. The Town benefits from a range of facilities including a health centre, sports centre/gym, supermarkets, church and both primary and secondary schools. The area provides some idyllic countryside walks with Cotehele estate and house, Kit Hill and the Tamar Valley all nearby making it an ideal place for families and individuals alike.
Rental Income - The property comprises four self-contained apartments generating an income of £24,600 per annum. Please find below the rental income of each apartment.
Flat 1 - £495 pcm
Flat 2 - £485 pcm
Flat 3 - £550 pcm
Flat 5 - £520 pcm
Potential for increased yield - please ask agent for details.
COUNCIL TAX BAND - Each of the flats are band A.
Services - Mains electricity, drainage and water.
TO ARRANGE A VIEWING PLEASE QUOTE BL0650
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Broadband availability and predicted speed: obtained from Ofcom on March 7, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 7, 2022
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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
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Energy Performance data and Internal floor area: obtained on September 25, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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