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A freehold block of five flats in need of modernisation

A freehold block of five flats in need of modernisation

Address

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Auction date

27 Jun 2025

Guide price

£190,000

Type

Other

Tenure

Freehold

EPC Rating

E

Status

Ended

Auction location placehbolder

Description

This freehold block of five flats offers a unique investment opportunity in need of modernisation. The property, located in historic Liskeard, Cornwall, promises a gross annual yield of £28,584 (15%) when fully tenanted. It consists of a mix of tenanted units and one vacant flat, making it ideal for both investors and owner-occupiers.

  • Five individual flats
  • Tenanted ground floor studio and one-bedroom flat
  • Tenanted two-bedroom flats on the first and second floors
  • Approx. 420 to 775 sqft each flat
  • Freehold tenure
  • EPC ratings: D to E

This property not only presents a chance for refurbishment but also holds significant rental potential due to its prime location. Situated only 0.3 miles from Liskeard railway station, it benefits from easy access to transport links, local amenities, and the historic charm of Cornwall. A great refurbishment project with excellent rental yields.

Last update: 20 Jul 2026

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