Summary - 21A FORE STREET LISKEARD PL14 3JA
2 bed 1 bath Flat
Immediate cashflow with refurbishment upside in a town-centre location.
Long-term tenant in situ, steady rental income
A two-bedroom leasehold flat on Fore Street, Liskeard, offered with a long-term tenant in place. The property sits within a historic Georgian stone terrace, offering character features, high ceilings and sizeable rooms; it suits investors seeking immediate rental income and future uplift through refurbishment.
The flat currently produces a gross annual income of £8,400 against a £100,000 purchase price (gross yield c. 8.4%). Tenants have lived in the property for several years and intend to remain, so the purchase delivers immediate, predictable cashflow. The central town location provides ready access to shops, services and public transport.
Buyers should note material factors: the property is leasehold, located on a narrow town high street with no apparent private external space, and sits in an area with high crime rates and significant local deprivation. Broadband speeds are very slow and the building may need decluttering and modernization to fully realise rental uplift or conversion potential. A buyer’s premium applies on purchase; check the Let Property Pack for full tenancy, lease and cost details.
This is a pragmatic investment for a hands-on landlord or developer able to manage a town-centre tenancy, undertake targeted improvements and accept leasehold and local-area constraints in exchange for immediate income and upside from refurbishment or re-letting.
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