Summary - 8, MONMOUTH LANE PL22 0EL
1 bed 1 bath Commercial Property
**Standout Features:**
- Large commercial property with conversion potential
- Ground floor space currently operating as a hairdresser and barber
- Substantial 3-bedroom flat above, in need of updating
- Freehold tenure providing ownership flexibility
- Located in a low-crime, affluent community
- Excellent mobile signal; average broadband speeds
- Practical town-center location with diverse amenities
**Concerns:**
- Requires significant renovation
- 6-year lease remaining may hinder mortgage approval
- Small plot size and potential maintenance issues
This unique commercial property located in the heart of a small, affluent town presents a fantastic investment opportunity. With a ground floor that houses a well-established hairdresser and barber, and a spacious three-bedroom flat above, the potential for rental income is clear. The property offers the opportunity for creative renovation and conversion, adding significant value. However, it does require substantial updating, making it an ideal project for investors or buyers looking to make it their own.
Enjoying a low-crime neighborhood with excellent local amenities, including schools rated as "Good" by Ofsted, this property also boasts the advantage of freehold tenure. Be mindful, though; the remaining six years on the current leases may complicate financing options. Don’t miss your chance to secure a versatile asset in a thriving community—properties like this don’t come around often!
3 bedroom end of terrace house for sale in Monmouth Lane, Lostwithiel, Cornwall, PL22 — £225,000 • 3 bed • 1 bath • 1023 ft²
3 bedroom apartment for sale in Fore Street, Lostwithiel, Cornwall, PL22 — £275,000 • 3 bed • 1 bath • 1249 ft²
Commercial property for sale in (Commercial & Residential) Queen Street, Lostwithiel, PL22 — £325,000 • 2 bed • 1 bath • 754 ft²
Commercial property for sale in Fore Street, Lostwithiel, Cornwall, PL22 — £325,000 • 1 bed • 1 bath • 943 ft²
2 bedroom terraced house for sale in (Commercial & Residential) Queen Street, Lostwithiel, PL22 — £325,000 • 2 bed • 1 bath
4 bedroom flat for sale in Investment Cafe and Flat, Windsor Place, Liskeard, PL14 — £250,000 • 4 bed • 4 bath
