Affordable investment or starter home near Camborne town centre with permit parking.
One bedroom, first-floor open-plan apartment, compact footprint
Offered for sale by Modern Method of Auction, this one-bedroom first-floor apartment sits on the edge of Camborne town centre. Currently tenanted, the flat presents a straightforward buy-to-let opportunity with a compact, efficient open-plan living space, double bedroom and shower room. The property benefits from double glazing, an EPC rating of C and communal outdoor space with resident permit parking.
The building was constructed in the early 1990s and is simple, low-maintenance in style. Electric storage heaters provide heat and the layout makes the most of the small footprint. The communal garden is gravelled and low-care, and the outlook is onto the parking area and neighbouring homes — no long-distance or sea views.
Important practical points: this is a leasehold property with an average service charge of £1,140 and ground rent of £100. It is being sold via auction, so buyers should allow for a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) plus completion within 56 days. The apartment can be offered with vacant possession or with the existing tenant in situ, depending on buyer preference.
This flat will suit landlords seeking an immediate rental income stream or first-time buyers looking for an affordable entry to the area who are comfortable with leasehold ownership and electric heating. Buyers should review the Buyer Information Pack, check lease details and factor auction fees and service charges into their affordability calculations.
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