A FANTASTIC INVESTMENT OPPORTUNITY TO ACQUIRE A BLOCK OF FOUR BEAUTIFULLY PRESENTED ONE BEDROOM FREEHOLD APARTMENTS, PRESENTLY GENERATING INCOME AND EACH BENEFITTING FROM ALLOCATED PARKING SPACES. AFFORDING A TUCKED AWAY SITUATION AND WITHIN CLOSE PROXIMITY TO BODMIN TOWN CENTRE, THE APARTMENT BLOCK IS OFFERED TO THE MARKET WITH NO ONWARD CHAIN.
A rare chance to acquire an income-generating residential block containing four one bedroom modern apartments. Three of the apartments are presently occupied with tenants in situ while one apartment offers flexible options from residential use or potential for additional rental income, making this an attractive option for investors seeking immediate returns with potential for further growth.
The apartment block was converted by previous owners and offers apartments with modern open-plan living, complete with a fully fitted kitchen and a range of integrated appliances. There is a double bedroom and a shower room to each apartment with solid wooden doors throughout, however, the apartments to the top floor although similar in design feature bathrooms with showers over the bath instead of shower cubicles. All apartments benefit from electric heating.
There is also handy storage space available to the lower level of the building for tools and such like.
Outside there are four allocated parking spaces, one for each of the apartments, accessible via Hillside Park. To the side of the apartment block is an external communal pathway leading to the communal front entrance. Pedestrian access is available to Higher Bore Street via a shared pathway with a neighbouring property.
Tenure; freehold
There are no service charges as the block is presently managed by the current owner residing in Apartment 4.
Services; mains water, mains drainage and mains electricity.
The apartment block can be located just off Bodmin Town Centre offering convenient access to the local amenities of Bodmin town, the scenic Camel Trail, and the historical Bodmin Gaol. The town of Bodmin caters well for day to day needs and has several supermarkets as well as primary and secondary schooling, college and leisure centre. Bodmin also offers excellent transport links, with an 18-hole golf course on the outskirts and easy access to the A30 dual carriageway and a mainline train station providing regular services to Plymouth, Exeter and Paddington London.
PLEASE NOTE;
The apartments vary in size, however, they offer similar design layouts and come finished to the same high quality standard, although the kitchen designs may vary.
Only apartment 4 features a bespoke storage breakfast bar furniture.
EPC rating consistent across all units (photos and EPC shown are of Apartment 4)
All apartments are on the same title deed and are not available separately.
Rental income ranges from £700 to £750pcm. Please note the income is subject to change.
APARTMENT 4 (FIRST FLOOR) Open Plan Living including Kitchen 6.15m x 3.73m
Bedroom 3.76m" x 3.7m
Bathroom 2.7m x 1.85m
APARTMENT 1 (GROUND FLOOR) Open Plan Living including Kitchen 4.06m x 4.17m
Bedroom 3.68m x 4.17m
Shower Room 3.1m x 1.75m
APARTMENT 3 (FIRST FLOOR) Open Plan Living including Kitchen 4.06m x 4.17m
Bedroom 3.68m x 4.17m
Bathroom 3.1m x 1.75m
APARTMENT 2 (GROUND FLOOR) Open Plan Living including Kitchen 4.65m x 3.73m
Bedroom 3.7m x 2.82m
Shower Room 2.72m x 1.57m
