2 bed flat for sale

Station Road, Looe PL13

Tenure: Leasehold

Priced to sell!
Buy to let investors only-sold with tenants in situ since 2024
fully furnished!

This well-presented fully furnished two bedroom flat is a fantastic opportunity for buy to let investors, offered for sale with tenants in situ and generating a current rent of £780 per calendar month, equating to a gross yield of 7.8 percent per annum.

The property benefits from its own private ground floor entrance, leading to the first floor accommodation. Inside, the flat offers a spacious and light-filled living area with window seating to appreciate the picturesque waterside views, creating a tranquil atmosphere ideal for relaxing or entertaining. The kitchen is well-appointed with shaker style off white units, providing ample storage and workspace, integrated electric oven and hob with extractor fan, washing machine, and large fridge freezer. A main bedroom features an original decorative cast iron fireplace, and the second bedroom, although compact, is ideal for single guests . The bathroom is modern and has a shower above, washbasin & toilet.

Further advantages include a long leasehold term with 148 years remaining, and notably, there are is no ground rent payable, however the service charge is £240 per annum. The property falls within Council Tax Band A and has an EPC rating of C, with potential to remain at this level. An allocated parking space is provided for convenience.

Externally, the flat enjoys a private rear garden, a rare and highly desirable feature for a property of this type. The garden offers a peaceful retreat, perfect for unwinding in the fresh air. The waterside setting enhances the outdoor experience, providing scenic views and a sense of calm. This excellent outside space, combined with the property’s internal features and investment potential, makes it a compelling choice for investors seeking a strong rental return in a sought-after location.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

EPC Rating: C

Location

2 Lynwood Station Road, Looe - PL13 1HN

Parking - Allocated Parking