Summary -
Flat 1 Hallaze Court,Hallaze Road,Penwithick,ST. AUSTELL,PL26 8UT
PL26 8UT
2 bed 1 bath Flat
Stable income with long-term tenant in a serviceable, low-maintenance home.
Freehold 2-bedroom flat, approximately 657 sq ft
This freehold two-bedroom flat in Penwithick is presented as a straightforward buy-to-let opportunity with a long-term tenant in situ. The property produces a current gross rental income of £9,420 per year and occupies an average-sized 657 sq ft layout with lounge, kitchen, bathroom and shared front and rear garden space.
For investors the key attractions are stable income, an existing tenancy and modest entry price. Street parking and a traditional internal layout mean low immediate reconfiguration costs, while nearby amenities and good-rated local schools support rental demand.
Buyers should note material considerations: the area is classified as very deprived with average crime and communications (mobile and broadband), which may limit capital-growth prospects. The tenant wishes to remain, so vacant possession cannot be guaranteed; a buyers’ premium applies on sale. These factors suit investors prioritising yield and cashflow rather than immediate refurbishment-led uplift.
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