Long lease, low tax apartment in a quiet, well-connected neighbourhood ideal for investors.
- One bedroom, 463 sq ft apartment in popular Little Oaks
- Leasehold with 954 years remaining (of 999)
- Council Tax Band A — very low running tax cost
- EPC Band C; double glazing installed (unknown date)
- Electric storage heaters — likely higher heating costs
- Management charges and ground rent TBA (unknown ongoing costs)
- Ultrafast broadband (est. 1800 Mbps) and average mobile signal
- Requires light modernisation of fixtures and decor
A one-bedroom apartment in popular Little Oaks, Penryn, offered as an investment with long lease security. The property sits in a comfortable neighbourhood close to local schools, shops and bus links, and benefits from very low council tax (Band A) and an EPC rating of C.
The flat is an average-sized 463 sq ft apartment with a lounge, fitted kitchen, bedroom with fitted wardrobes, and a bathroom with shower over bath. Practical extras include double glazing, fast ultrafast broadband (estimated 1800 Mbps) and a peppercorn ground rent; the lease has 954 years remaining, providing long-term tenure certainty.
Note the property is heated by electric storage heaters and runs on mains electricity; heating will likely be less economical than gas alternatives. Some areas — fixtures, finishes and the dated bedroom curtains and bathroom fittings — would benefit from cosmetic updating to improve rental yield or resale appeal. Management charges and ground rent details are to be confirmed, and buyers should verify appliance functionality and measurements.
This apartment will suit investors seeking a low-maintenance rental in a low-crime, accessible town centre location, or a buyer wanting a low-tax, compact home with strong broadband and long lease security. Factor in potential running costs for electric heating and minor modernisation when assessing overall investment returns.
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