Summary - CUMBERLAND HOUSE FLAT 2 HIGH STREET PENZANCE TR18 2FD
1 bed 1 bath Flat
Ideal buy-to-let with tenant in place and immediate rental income potential.
Ground-floor one-bedroom apartment, approx. 363 sqft
A compact one-bedroom ground-floor apartment in a Georgian stone building, offered with no onward chain via Modern Method of Auction. The property comes with a tenant in situ, making it an immediate let-ready purchase for a landlord, or a convenient, centrally located option for a buyer wanting town living. The open-plan living area, fitted kitchen units, mains gas central heating and double glazing are practical, low-maintenance features for rental occupancy.
Buyers should note this is a leasehold flat sold at auction: completion is required within 56 days and a non-refundable reservation fee applies. Service charge and ground rent are modest (service charge £720 pa, ground rent £200 pa), but the apartment is very small (approximately 363 sqft) and shows dated decor needing cleaning or light refurbishment. Broadband speeds are very slow locally, which may affect some tenants or buyers.
The location is Penzance High Street, a short walk to shops, transport and amenities—useful for tenants seeking convenience. However, the wider area records higher crime and significant deprivation indicators; prospective purchasers should factor this into rental assumptions and valuation. EPC C and gas central heating are positives, and there is no flooding risk.
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