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Regents Terrace, Penzance, TR18 7 bed block of apartments for sale
Regents Terrace, Penzance, TR18
£755,000
Regents Terrace, Penzance, TR18
£755,000
Our Summary
- All the apartments are currently tenanted making this a ready-made investment opportunity
- 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)
Description
Northwood is pleased to offer a beautiful, grade II listed Georgian house for sale, which has been converted into five self-contained apartments over three floors. The property boasts stunning sea views, period features, and a tranquil atmosphere, making it an ideal investment opportunity. The apartments, ranging from one to two bedrooms, are currently tenanted, providing a ready-made income stream. The property also features a gated garden, parking, and a shared laundry room, as well as three single garages, two of which are currently rented out. With a potential gross yield of 7%, this property offers a unique combination of style, convenience, and tranquility, making it an attractive opportunity for investors and homeowners alike.