3 bed block of flats for sale

Turf Street, Bodmin, Cornwall PL31

Turf College consists of three studio flats which would benefit from a degree of modernisation. The perfect property for someone looking for an investment project. The property is situated on Turf Street close by to Bodmin Town and Priory Park. As you enter the building and make your way up the stairs, you arrive at a landing that leads to three studio flats. Each flat offers a compact yet functional living space, thoughtfully designed to maximize comfort and efficiency. The first flat St Stephens is at the top of the stairs, as you enter the flat you are welcomed with a carpeted living/ bedroom area with a kitchen area and a shower room. The second flat St James is a characteristic flat with the original fire place. This is a spacious and light area with a shower room and kitchen area. The third flat St Alan is upstairs, this is the biggest flat which has a light and airy feel to it, with open plan living, bedroom and kitchen area with views looking towards St Petroc's church. This also has a shower room which has already been updated to a more modern standard.

Potential to earn an annual income of £14,400 (based on £400 per calendar month per flat), an approximate gross yield of 16.74% based on the asking price.

Outside: We understand the terrace to the rear does not form part of the property