Auction House / South West
  • For Sale By Unconditional Online Auction
  • Guide Price* : £500,000
  • Auction Ended 22/10/2024

26 Green Lane, Redruth, Cornwall, TR15 1JU

Guide Price £500,000 (plus fees) For Sale by National Timed Auction, bidding opens Monday 21st October at 13:00pm and closes Tuesday 22nd October. A thoroughly refurbished 8 bedroom property in central Redruth and perfect for assisted living accommodation or HMO. Legal pack available via our website.

Description

Guide Price £500,000 (plus fees) For Sale by National Timed Auction, bidding opens Monday 21st October at 13:00pm and closes Tuesday 22nd October. A thoroughly refurbished 8 bedroom property in central Redruth and perfect for assisted living accommodation or HMO. Legal pack available via our website.

Refurbished HMO Opportunity

Large 3,000Sqft Property in Central Redruth

Situated in the Heart of Redruth Town Centre, is this significant period property. Within the last few months the property has undergone complete refurbishment, including significant works to the heating and installation of a 3-phase electric supply. The property is now primed and ready for the occupation of tenants, potentially on an HMO basis or assisted living accommodation. In addition to the 7 en-suite bedrooms within the main house, there is a cottage to the rear with one bedroom. In total there is the potential of a gross annual income of £64,800PA.

The property has previously been used as an HMO, currently unoccupied, and a Certificate of Lawfulness has recently been granted by Cornwall Council. Therefore, the successful buyer will just require the necessary licence.

Accommodation, in brief, comprises; 3 en-suite bedrooms to the ground floor, multiple communal areas including: kitchen, study area, utility room and WC. To the first floor there are an additional 4 en-suite bedrooms and a communal living room. The cottage is accessed off the rear courtyard and briefly comprises; living room, kitchen, bedroom and shower room. Although The Cottage currently enjoys it's independent access, the services are fed from the Main House.

AUCTIONEERS NOTE Details of the Certificate of Lawfulness can be found on the Cornwall Planning Portal using reference: PA24/04047
ACCOMMODATION GROUND FLOOR
Bedroom One - 5.77m x 3.76m
En-suite - 2.91m x 0.90m
Bedroom Two - 3.55m x 3.02m
En-suite - 2.55m x 1.30m
Bedroom Three - 7.76m x 2.63m (max)
En-suite - 2.63m x 1.18m
Communal Kitchen - 3.97m x 3.77m
Communal Study - 4.0m x 1.88m
Communal Utility - 2.85m x 2.41m
WC - 2.86m x 1/76m

FIRST FLOOR
Communal Living Room - 4.45m x 3.06m
Bedroom Four - 3.86m x 3.83m
En-suite - 1.69m x 1.50m
Bedroom Five - 4.25m x 2.95m
En-suite - 2.06m x 1.51m
Bedroom Six - 4.13m x 2.84m
En-suite - 2.7m x 1.87m
Bedroom Seven - 4.83m x 3.91m
En-suite - 3.60m x 1.35m

COTTAGE
Living room - 3.74m x 3.49m (max. irregular shape)
Kitchen - 3.77m x 2.39m
Bedroom - 3.87m x 3.34m
Shower Room - 2.60m x 2.16m

VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Tenure: Freehold

EPC Rating: C73 / C71

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £500,000
  • 8 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 01752 474200 for more information

Floor plan Legal pack Request more info
Unconditional Sale Terms & Conditions
Finance available on this property
Find out more

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.