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9-10 Beacon Road, Newquay £450,000

  • External
    9-10 Beacon Road
  • Bedroom 1
    9-10 Beacon Road
  • Lounge 1
    9-10 Beacon Road
  • Garden 1
    9-10 Beacon Road
  • Kitchen 1
    9-10 Beacon Road
  • bedroom 2
    9-10 Beacon Road
  • kitchen 2
    9-10 Beacon Road
  • Rear external
    9-10 Beacon Road
  • Dining room
    9-10 Beacon Road
  • Bathroom 1
    9-10 Beacon Road
  • Garden 2
    9-10 Beacon Road
  • Garden 3
    9-10 Beacon Road
  • Lounge 2
    9-10 Beacon Road
  • Parking space
    9-10 Beacon Road
  • Lounge/kitchen
    9-10 Beacon Road
  • Lounge 3
    9-10 Beacon Road
  • Kitchen/lounge
    9-10 Beacon Road
  • Bathroom 2
    9-10 Beacon Road
  • Garden 4
    9-10 Beacon Road

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  • Home and income
  • Lucrative investment
  • £40,000 gross income, 9% annual rental yield
  • Easy walk to the Town and Fistral
  • Five lettings units and two flats
  • Mostly UPVC double glazing and gas central heating
  • Sunny courtyard gardens
  • Off road parking
  • All flats currently let
  • All Mains Services

Situated just off from the main town centre in a superb location to attract tenants, this is an up and running investment property currently comprising of seven individual letting units made up of two individual flats with own Council Tax and five bedsit style properties each with individual coin metres for electric. The owners of the property live in a very well appointed flat which has access to a sunny courtyard style garden. This flat has an L-shaped lounge/diner which is open plan to a very modern kitchen with an integrated fridge and dishwasher. There is a bedroom, a shower room and a study area. The other self contained flat benefits from a lounge, kitchen, bedroom and separate bathroom. The remainder of the property is split into five individual letting units. Flat one is a bedsit with a shower room across the corridor. Flat two benefits from its own shower room. Flat three has an open plan kitchen/diner, a separate bedroom and shower room, the W.C for this flat is next door. Flat four is on the first floor with a open plan lounge/kitchen and separate bedroom and shower room. Flat five, also on the first floor, has the same. The condition of the two main flats is good and likewise the remainder of the building is clean, tidy but basic as you would expect in a property of this nature. Externally there is a pretty, private and sunny courtyard style garden which is for the sole use of the owner's flat. There is parking for two small cars, a garage, an outside store and a boiler house where the boiler, hot water cylinder and plumbing for a washing machine is.  In summary, this is a fantastic opportunity to acquire an up and running investment property which provides a lucrative return to the current owners. 

AGENTS NOTE: Council tax Owners Flat and Flat 5 - tenants pay their own Council Tax and other utilities each being band A. Remaining flats, Council Tax payed by the landlord all under the one Council Tax Band of B 

AGENTS NOTE: The property has a current fire certificate

AGENTS NOTE: Each flat has a coin meter

AGENTS NOTE: Heating, the property has a gas central heating system and a gas fired boiler providing some of the hot water and the central heating throughout the property.

Current rental values

Owners Flat £150 p/w plus bills.
Flat 5 £120 p/w plus bills.
Remaining building including bills except electric. Flat one £80 p/w, Flat Two £115 p/w, Flat Three £115 p/w Flat Four £120 p/w Flat Five £140 p/w.


OWNERS FLAT

Porch

7' 6'' x 2' 10'' (2.28m x 0.86m)

Lounge/Diner

18' 8'' x 12' 6'' (5.69m x 3.81m)

Kitchen

10' 2'' x 6' 0'' (3.10m x 1.83m)

Bedroom

10' 0'' x 7' 8'' (3.05m x 2.34m)

Study area

10' 7'' x 5' 3'' (3.22m x 1.60m)

Bathroom

6' 7'' x 6' 6'' (2.01m x 1.98m)

Garage

FLAT

Flat Kitchen

6' 3'' x 5' 6'' (1.90m x 1.68m)

Flat Lounge

9' 0'' x 8' 9'' (2.74m x 2.66m)

Flat Bedroom

9' 1'' x 8' 10'' (2.77m x 2.69m)

Flat Bathroom

5' 11'' x 4' 8'' (1.80m x 1.42m)

REMAINING HOUSE

FLAT ONE

Flat One Lounge/bedroom/kitchen

10' 5'' x 9' 7'' (3.17m x 2.92m)

Flat One Shower room

5' 5'' x 4' 6'' (1.65m x 1.37m)

FLAT TWO

Flat Two Lounge/bedroom/kitchen

14' 6'' x 11' 10'' (4.42m x 3.60m)

Flat Two Shower room

5' 10'' x 5' 6'' (1.78m x 1.68m)

FLAT THREE

Flat Three Lounge/kitchen

13' 0'' x 12' 11'' (3.96m x 3.93m)

Flat Three Bedroom

10' 4'' x 6' 3'' (3.15m x 1.90m)

Separate W.C for flat 3

FLAT FOUR (First floor)

Flat Four Lounge/kitchen

14' 1'' x 11' 7'' (4.29m x 3.53m)

Flat Four Bedroom

11' 4'' x 7' 10'' (3.45m x 2.39m)

Flat Four Shower Room

6' 5'' x 2' 7'' (1.95m x 0.79m)

FLAT FIVE

Flat Five Lounge/Kitchen

13' 6'' x 10' 0'' (4.11m x 3.05m)

Flat Five Bedroom

9' 4'' x 8' 0'' (2.84m x 2.44m)

Flat Five Shower room

4' 0'' x 3' 11'' (1.22m x 1.19m)


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9-10 Beacon Road
Newquay TR7 1HH
County: Cornwall
Sale Type: For Sale
Ref #: CNN6393
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