LOT
81
£235,000+*
Guide price (+ fees)
A five bedroom licensed HMO, with accommodation set over three floors having two communal kitchens and shower rooms at ground and first floor level, plus an additional self contained one bedroom flat, being conveniently situated for Penzance town centre and mainline railway station. The property when fully let generates an income of £3,350 pcm/£42,200 pae.
The thriving seaside town of Penzance offers a wide variety of shopping and leisure facilities catering for all age groups, along with its Promenade and Jubilee lido, restaurants, art galleries and Morab Gardens. Penzance is readily commutable to the A30 and has excellent public transport links throughout Cornwall.
Communal entrance hall, two letting rooms, shower room and kitchen. Self contained flat: kitchen, sitting room, bedroom and shower room.
Landing, two letting rooms, kitchen and shower room.
Letting room five.
Walled frontage and rear courtyard.
Strictly by prior appointment with Miller Countrywide Penzance 01736 364260. General enquiries Countrywide Property Auctions 01395 275691.
E
D
Room one is currently vacant and advertised as available to let from the 24th March 2025 at £575 pcm/£6,900 pae. All rooms are on pre-paid electricity card meters, with all other utilities supplied by the landlord.
GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE
GUIDE PRICES & RESERVE PRICES
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
6 Lannoweth Road, Penzance, Cornwall TR18 3AB
Simply fill in and send the form and one of our consultants will get in touch with you shortly.
Please note that fields marked with * are mandatory.
Your information is being collected and processed by Countrywide. All information will be processed in accordance with the General Data Protection Regulation. Full details of how we process your information can be found on our website Privacy Policy. Print copies of our privacy notice are available on request. If you need to discuss how your information is being processed, please contact us at privacy@countrywide.co.uk
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
You will also pay a Buyers Administration Charge, to the auctioneers of 1.35%+VAT of the purchase price subject to a minimum fee of £1,800 + VAT (unless otherwise stated in the property description in the catalogue or addendum).
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).
In association with
Countrywide Property Auctions is a trading name of Countrywide Estate Agents Limited, Registered in England Number 00789476.
Registered Office - Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.
